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The Apple bites back


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#1 nimblebear

nimblebear

    Welcome to the Dark Side !

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Posted 08 November 2012 - 03:55 PM

Clearly in bear market territory, at more than 20% down from its all time high, I seriously wonder how many retail 'investors' were buying right up to the top of that last 10% rise ?

With all the gushing headlines and talk of $1000/share, it just had to be a ton.

Apple was just as tempting as the 'apple' in the garden of Adam and Eve.

Did Apple's top mark the top of this market for the next few years ?

Quite interesting if it does.

Perhaps Apple IS THE FISCAL CLIFF ! (every hedge fund on the planet owns it)

http://www.cnbc.com/id/49747680
OTIS.