I think apple will go back to 200 and higher this year despite bear market because it will be increasing market share against other hardware makers.  Most new sales are orginating from notebooks and apple is really going to bring it on this year.  HP has made great strides due to notebook sales in my opinion.  There are rumors that apple will release an ultraportable notebook with flash drive plus a kindle type of net connection so that using sync technology or timemachine tool from home base computer, you can access your 500 gig hardrive with your shiny new 2lb macbook mini anywhere.  Just rumors but it tells you the possibilities apple has with the software entertainment centric environment they have created.

 Plus earnings release in late January will blow away expectations.  Apple stores were completely full during this holiday season, much more than other stores.  The financial numbers will not lie, apple will get to 10% of market by Dec 08 and much higher than that in notebook market.

Donquijote,

I thought folks might be interested in knowing TradeKing's Probability Calculator gives your price target of 200 over a 78% chance of occurring between now and January 2009. A higher target of 220 has a 65% chance in this same time frame. This is calculated mostly by using option Implied Volatility data from the option marketplace. Even though you are not using options, some stock traders find this kind of information interesting. This tool is free to all TradeKing clients and may be found under Tools > Probability Calculator. Obviously, do not use the Calculator as a substitute for your judgment, but as one element to help you form views on a specific strategy.

--Nicole Wachs

TradeKing Staff

Training and Education Manager

I also thought members might find the following excerpt interesting - this is a partial screen-shot taken from our Market Grader research tool this morning. (See below). This is available at no charge to all TradeKing clients, found in Quotes + Research > Research Reports. Although this report is informative, you will ultimately come to your own conclusions when making investment decisions.

--Nicole Wachs

TradeKing Staff

Training and Education Manager

Also perhaps interesting to note when evaluating this trade, since donquixote has listed a target price of 260 for AAPL, is that TradeKing's Probability Calculator gives a 46.78% chance that AAPL will touch 260 between now and January 17, 2009 (option expiration date that month), and a 60.68% chance that AAPL will hit 260 between now and 1/16/10 (option expiration date in Jan 2010). 

As always, please remember that we offer all of our TradeKing tools and informational and educational resources not as advice, but as hopefully helpful additions to each client's decision support process, which should be primarily governed by the confines of that trader's own personal judgment. Every trading stragey must be considered in light your own individual personal financial goals and risk tolerance.

Be Good,

Don Montanaro

TradeKing Chairman & CEO 

Please use this link to see larger versions of the images above:

http://community.tradeking.com/members/mitchellbrey/trade_notes/3807-bought-15-shares-of-aapl-at-191-54

--Nicole Wachs

TradeKing Staff

Training and Education Manager