Current valuation far exceeds earnings and revenue. Price clearly needs to come down. Too much speculation and liquidity in the system. Bears are finally giving up, which means this will no longer go upwards unmitigated. I expect a healthy 20-30% correction here. Earnings are coming up this August.... the forecast already knows they're going to be low. They will either meet them, or be slightly above.... but how can we ignore that there is clearly a problem here?
Comment:
We didn't make it..... We got close... my timing was good... but my target was too low for APPLE..... we are headed up from here.....