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November 12, 2007

The ups and downs of Apple stock

Apple (AAPL) closed on November 6 at $191.79. Today, it closed at $153.67, a drop of $38 per share in four days. The market has certainly turned this week. I don't own Apple now, but I'd seriously consider getting back in if this bloodbath showed any signs of ending.

Update, November 13: Apple closed up $16.20 today, a nearly 12% increase. Maybe next time I'll go with my instincts. Or maybe next time I'll ignore them. I can't tell which.

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