Thursday, August 16, 2007

So the question remains, ... Is the Biting on Apple Done?

We ask ourselves - where oh where will the apple tree grow from here?

Apple could settle to any of the levels listed below very easily.

AAPL HZ <= 82.38-100.51-108.55-114.31

There seem to be strong signs in the natural world indicating the Apple phenomena is not yet finished playing out. My guess at this point is that apple is a strong buy at all price points listed above for investors with 12 month or longer investment horizons.

disclosure:
I hold apple in one or more portfolios and am prone to active trading.