Nailed Apple

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I'm pretty pleased with how I called Apple a couple of weeks ago; I stated a target of $600, with a more-aggressive target of $585, which is where a major supporting trendline resides. We got down to $587, which is pretty close. The danger for bears, at this point, is that AAPL could truck back into the mid-600s easily, which would really goose the NASDAQ.

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