Just like a year ago. Day after Thanksgiving volume will be low.
I thought 525 would be the bottom, but was wrong.
Anyone who bought in the last 6 months is now holding at a loss.
Better to wait till next year when tax losses will be higher (and so will the stock).
By Nov 26 reports of crowded Apple stores will lead to a rally.
And not all of the new products have been released (iMac, 4G iPads).
Great stocks don't peak out with low PEs, 25% cash and a 2% dividend.
IPhone sales are low relative to Android because IPhone uses are happy with their phones.
But iPhone 4s and 5 can mirror to Apple TV. Earlier iPhones can't.
Reasons to upgrade are slowly building and Apple users are loyal to the brand.
After Walt Disney died in 1966, DIS went up 10 times over the next 6 years.
Yes, there was a correction in 1967, just like now, but the 1967 lows were well above the 1966 highs.
And 1966 was a major market top. First time in history the DOW hit 1000.
AAPL was very depressed last year due to Steve Jobs illness and death.
Jobs was a visionary and he picked the current CEO.
If Steve Jobs wife can hold the stock, so can YOU.