Schweizer

Apple: Leading the Way to a Total Tech Breakdown

Agree. Everyone has a cell phone, PC, and MP3 player now. Anything new and improved still falls well short of "necessary."

The monthly AAPL chart is clearly rolling over, and a 50% retrace of the up move from the Feb 2003 lows in AAPL suggests a price under $100 is likely. The 50 month moving average is now $91.66, so that's a likely support point.