Tuesday, October 4, 2011

Quick Update on Apple

I don't want to be too micro on this blog. It is just the market movement is too fast.
In my early post Update-on-AAPL, I put down a target of AAPL to the rang of 371-390. Today's low was 370. I believe my correction target has been met.  AAPL is at a bifurcation now.
Today 10/4/11, around 1:00 ET, Apple is going to announce an iphone event. If it is ip5, I will still hold it. All plans are still on. If it is just an update or upgrade to iphone 4, I will close my position.

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