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As Apple Goes, So Goes The Market?

MRKT Matrix

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The Face of Fear: Microsoft and Apple's Defensive Position

Carter: I think we're headed to the orange trend line and then in turn, how low might we go? We thought Apple could get down to 125 in the fall. It actually did and it bounced. The bounce is more vociferous than I thought it would be. But if you look at a 50% retracement of this recent range, that 140 to 145 level makes a lot of sense.

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