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  • edison20 edison20 Dec 5, 2012 10:32 PM Flag

    Obviously the AAPL selloff $ is being redeployed: that's billion of #$%$

    AAPL retraced 50% of its bounce.
    Same thing happened a year ago.
    High volume indicates a reversal is near.
    The bad news is that AAPL will not meet earnings expectations ($22 next quarter).
    The good news is that earnings will continue to rise as 2 year iPhone contracts come up for renewal.
    There's a revolution going on in video streaming,
    although its not clear how AAPL will exploit it.

    Sentiment: Strong Sell

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