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Last year, Apple (AAPL) was THE stock to own. Everyone from portfolio managers to grandparents were loading up on the stock as it continued to make new highs week-after-week. Then, in September of 2012, Apple peaked at $702.10 a share and has since begun a descent of epic proportion as people realize that the stock is overvalued and tech continues to get killed. Since September, AAPL has fallen -27.62% to $508.21 and ended up closing today at $509.82 a share. We're looking to buy soon, but only when our signals indicate the time is right; there's a process for everything and you need to stick to it.

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