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December 11, 2012 at 09:10 AM EST
Apple, Absurdity, and the Bear Paradox
Almost all absurdity of conduct arises from the imitation of those who we cannot resemble. --Samuel Johnson   Apple (NASDAQ:AAPL) has grabbed the headlines over the past few weeks on aggressive selling leaving many wondering whether the downtrend is nearing its end or only just beginning.  While I rarely address individual stocks I think it is very instructive to consider the performance of Apple within the context of something I've called the Bear Paradox.  We all know that bond yields are at incredible low levels and intellectually understand that anyone looking to buy and hold 10-year Treasuries is very ...
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