GUNDLACH: This Is The Chart That Says Apple Is Going To Plunge

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics International Video Latest Thursday, April 26, 2012 This Is The Chart That Says Apple Is Going To Plunge We just got back from seeing investing legend Jeff Gundlach speak at the New York Yacht Club. You can see the full presentation he delivered here. One of the controversial calls he's been making: short Apple. Basically, he acknowledges that the company is awesome, and has moderate valuation, but it's just so over-owned and overloved and big that it can't possibly keep growing. He said that he's hearing drug-addled hair dressers try to get into Apple, which is a sure sign that it's got to be almost over. And as for charts, he ran this one, comparing Apple now to when Google was at its peak. And if it looks familiar, then that's because Doug Kass has highlighted it as well. Read » Also On Money Game Today: Here Are 7 Stocks Making Huge Moves Today Why America Is Extremely Vulnerable To Mad Cow Disease 12 Things You Need To Worry About In Europe Right Now More Evidence That The Era Of Big Box Retailers Is Over Advertisement CHART OF THE DAY: This Chart Vindicates The Obama Economic Recovery CHART OF THE DAY: Home Prices Down To Late 2002 Levels CHART OF THE DAY: Spanish Recession CONFIRMED Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: ipat39@gmail.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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