Michael B. Krause

Apple's Move: Institutional Run-Up or Rebound?

This is a perfect bear market short, guys. I love AAPL, but its priced right. (not frothy nor too cheap) AAPL will have a hard time moving far from 120-150 unless the broad market does the same.

Still too much bad news ahead ...

Apple and United Technolgies: Bargains Amidst the Recession News

Thats a little too aggressive on the AAPL I think. Of course anything can happen, but this stock is priced fairly. Long term, fine. But why should AAPL be trading at a forward 32 PE (200) with a 22% growth rate in a battered economy?

This is a buy at 115-125 and a sell at 140+ until the clouds are gone.