RobMarketsBlind's Blog : Should APPLE be sold now?

As (AAPL) approaches 500, many in the media are talking selling.. taking the money and run. Actually it has entered my mind as well. I have recommended Appl each and every year on here going back to 2007. I have never spoke of selling Apple.

After due consideration and review, my conclusion is to hold Apple even longer. I expect a lot of selling pressure will occur after Apple's big move this week and prior weeks this year. I expect many to sell when and if it hits the big 500. There could be some volality.

 I think Apple explodes thru 500 and the momentum pushes it even higher. At 520, I might consider selling 10% but I am not sure at the moment. There is just too damn much positive events  upcoming in the next few months and then we have the holiday season later this year where Apple will just kick ass in sales. RIght now I recommend one to ENJOY THE RIDE.

Disclosure: Long time holder of AppL shares.