aapl will prob announce iphone 5 release date very soon...
...maybe even tomorrow given todays action.
But 300.00 more likely than 500.00...MSFT, CSCO, INTC were all great growing co's at some point and none have moved for a decade now...but they fall down eventually...so will AAPL one day, its inevitable...but they do make great computers and phones for now...
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This bear mkt will be interesting...no credit collapse, perhaps worse, collapse of sovereign debt...govt was there to backstop bank losses but who will back up the govt debt bomb???...bond mkt is much larger than the equity mkts and currency mkt is much larger than bond mkt...we will see things we couldnt imagine soon enough.
Funny thing about charts is this, it gives you a window into the economic, political and social future.