Tuesday, October 9, 2012

Why It's Different This Time With AAPL's iCorrection

As mentioned, the Apple case has been the product of the U.S. policies and social fads as well as its own product/globalization strategies.  One might have to see the larger picture and longer trend behind Apple's stock performance .

From Zero Hedge:

We have seen bigger drops in AAPL's share price and each time that dip has been bought. Critically though, not just nibbled on but backed-up-the-truck volume surges as AAPL's price fell as what seemed like institutional buyers using any dip to grab some high-beta meth into this trend. The current almost-10% drop is missing this volume surge - where are the BTFD'ers? But, but, but what about iTV, the mini-iPad, and the pending vendor-financing corporate spin-off?

http://www.zerohedge.com/news/2012-10-08/why-its-different-time-aapls-icorrection

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