I am very long apple and would like to know if I should pull back.
Once earnings come in (usually exceeding expectation) Apple will probably run again. But until then people are cautious.For the faithful and confident, it can be a buy opportunity.Apple earnings are due Oct 25.Execs are in a quiet period while the numbers are collected. So this is the time for freakish worry rumors to fill the media space. There is nothing else to talk about and Apple cannot respond. If a large portion of your assets--say more than 20%--is in Apple stock, it might be time to take some off the table for diversification. But most of us believe Apple still has great products and room to grow. So most would keep a significant position in Apple.
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