New trade: Long Apple (AAPL) & Short Amazon(AMZN)
http://www.intelligentspeculator.net –
I have written a few times about Apple and found it very interesting to see the reaction to the launch of the tablet a couple of weeks ago. Seems like expectations were so high for Steve Jobs that there was no way it could live up to the hype. But Apple remains very solid and I still expect sales of Ipod’s and Iphones to provide the high sales that are expected.
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