Well, I am now in New Hampshire, safe and sound. I appreciate everyone’s patience with my travels. As I’ve said repeatedly, things will return to normal, such as they are, on Monday morning.
I wanted to talk a bit about Apple, which has been dropping hard lately. I certainly am no permabear on Apple. Back on November 14th, I told my Slope+ readers that I felt Apple was headed to a “triple nickel” price figureĀ (which it did, and a bit more), and onĀ December 2, I suggested it was time to take profits. I personally don’t trade AAPL much myself, even though it’s one of the most heavily-traded instruments on the planet. (more…)