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Originally Posted by E92inPHX
How far do you guys think Apple will continue to fall and what's causing this month long slide? If it gets down to $115 I'm thinking of selling WFC and moving the money over.
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I hesitate to project on how long it will slide but I will say I am bullish on apple and big tech. They have been disproportionately hurt by fears of rising interest rates, higher rates means R&D is more expensive for these companies and maybe more importantly it means investors consider alternative investments to the stock market in general. My gut feeling is that rates dont climb to high or too fast.