It already seems like everyone is jumping into the correction camp. That very well could be the case. I think a lot could depend on whether China tightens and if the wheels come off the commodity rally for a while. How sentiment shapes up will also be key. But I suspect that the major indices will not break their 50-day averages in any meaningful way, if we even get there this time around.
I would not sell Apple just because Ken Heebner reduced his position as of September 30, 2010.
His fund's performance over the past two years has been atrocious.
I think Apple continues to fire on all cylinders, and I also think the company is going to have a huge holiday selling season.
from previous post = long INTC; this post = long AAPL