Daily RSI has dropped below 29. It has never done that in the last 3 years. Today's selloff is an over reaction to Obama win. I am willing to bet AAPL is very close to bottom and I will be buying aggressively tomorrow.
I love the apple products but believe they have major missteps that SJ would not have tolerated. I don't believe the bottom has been reached, I would estimate 485.00 to be the low.
Apple needs to repair that which they broke and develope an OMG product that knocks it out of the park. Hopefully it will be the development of the TV application that has been aggressively touted as the next big product release.
Can't keep I-pads in stock! I-phone5 seen as a "revolutionary product" according to tech. mags and Christmas fastly approaching................$700 in a few weeks folks...Promise!
I wouldn't buy anything 'till everyone figures out what will happen next year within the country.
There will be no shortage of stocks to buy or gamble on in the future.
Anything otherwise is too risky for an incremental gain.
rumours will start flying a bout a new apple product ................. remember ipad , ipod never existed before im sure steve jobs knowing his demise was immenent left a play list for his successor to follow