Twitter Ticker ($AAPL)

• Charles Amadeus
• October 28th, 2009

Apple is hot on StockTwits as the tech bellwether fell 2.5% to close at 197.37. Up 150% from the depths of the credit crisis, $AAPL continues to impress with an evolving product line and growing market share.

Trading in a secondary downtrend above a rising upper Bollinger, profit taking and mean reversion are at work. A retest of the $180 area may be in the works before sellers abate, so buyers can relax the trigger finger.

The new iMac family is impressive, especially the 27″ 3GHz Dual Core with 4GB RAM, a Radeon 4670 and a 1TB drive. With a 3 year warranty and tax you will set you back 2 grand, but such is the price of luxury.

Uncle Scrooge recommends you wait a few months till the re-certified models appear in order to grab these beauties at a hefty discount. Meanwhile, refurbished PCs are a fantastic arbitrage opportunity, offering 50%-200% return on each unit. Who needs stocks?