winindthedust

Where's the Tech?

You may be able to get a shot at Apple tomorrow. Historically, there is a sell off after Apple earnings, no matter how good it is. Tonight's earnings call is known to be very good... so if you plan on buying Apple, tomorrow EARLY would be good. However, to play it safe, get in NOW. Like you said, drops will be very short in nature. We will see a steady rise to June, August, and also December. Apple stock will NOT take a major dip again this year, until perhaps after January of 2010. You'll see a 15%-30% upside from todays price to June, and a 30%-50% upside by December. If you want to build a steady Apple position, buy on the dips and hold until January 1. We will see a repeat of 2007.