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Apple Investors, Just Where do We Stand?

Started by Zach Bass · 10 months ago

My take on the government bailout of Fannie and Freddie
Although we look to extend this rally some, I fear it won’t last. Unless of course we were to break through the Fibonacci levels I mentioned in today’s Market Outlook commentary in the Wilderness Forums. What I think ... Continue reading »

3 comments

  • It won't matter if Steve comes out on stage looking like Charles Atlas in a black T-shirt. The market is taking AAPL down because that's what it likes to do. The only thing that will bump AAPL is earnings. The PE ratio seems to be the factor and due to market malaise it is stuck in a low multiple. With market optimism the multiple increases but for now, it is contracting, so the only thing left is earnings. They are not reported for the time being and no one is paying attention to Piper's forecasts. If its any comfort, we are all right on AAPL, its the best and it will go up.
  • nice use of the "pale" zach it means fence or fence post (usually around a graveyard) as you have used it but hopefully it will not refer to Steve's complexion if he takes stage at the event. (love the allusion)
  • marcos its a fence not a bridge Zack is saying "hit one over the fence" (out of the park a homer!!)

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