forty-one

Apple's Low Volume: Meaningful Pause Before Going Higher?

I'm short on apple. But I believe now it was prematured to enjoy a maximum of benefit... (Fiever...) : Apple can still rise in the short term (190-200).
Therefore, You can't reasonably believe aapl will reach 250 or this kind of widely shared "EXPECTATION" by analyst and other "specialists". No time enough for that if you consider NDX or SP500 on 2 years (daily or weekly data) and too high if you consider the wonderful double top in the apple chart (daily data ; 2 years). That's for technical analysis.
According fundamental data, Apple is not anymore "a good bargain". A solid company, without any doubt, but also a solid valuation (P/E : 34). And We are not in the middle of a tech bubble.
Economically, the credit crisis only begins to have effect on consumers. The second round : the lost on credit cards (Don't buy American Express) and tightening and rise of interest and so on. Credit crisis = Consomation crisis. And Apple is just about consumer gadget (with such price apple computers are gadgets ; if you don't have the bucks, you buy pc). And to reach developing countries, apple will have to decrease its prices.
Everybody begin to understand that.
In conclusion there is to much thing not in favor of apple. But who know...