The most amazing part is that this market is stretching into multi-year highs while AAPL has essentially collapsed. I think it's just a matter of time before the rest of the market catches up to reality.
AAPL has been the harbinger for several months now. Incredible the balance of the market hasn't figured it out. Screw all of the pundits who are claiming the market it undervalued. In the case of GOOG, one only need look at the 200 DMA, $686. My opinion: Should be about $650, given all of the caution flags flying around the world, and that is being optimistic.
exactly. it is all one big scam. biggest market cap company in the world collapses and the sp500 is near all time highs? every single stock is massively overvalued. 30-40% haircut coming across the board !!!!