Replies to post #4824 on FinancialAdvisor's College Class (FACC)

[FinancialAdvisor]

*AAPL won't be spared from the broader economic conditions!

I expect AAPL to get nailed soon along with the market, it trades at extremely high market valuations currently with a P/E ratio of over 69! This is pricing in significant future growth. Besides that, Ipod's are now being replaced with Sony's new Playstation Portable...

I have a strong feeling this is the last impulse higher here... and there are many gaps to the downside...

AAPL 6-month



AAPL all-data/monthly