Looks like this morning's news about subprime fiasco (estimated foreclosures to be twice as previously thought) are dragging everyone down fast, and it includes AAPL. No fault of Apple there, though and yes, AAPL touched $190 this week on occasion or two.

This subprime thing will eventually shake out. There is also a (slim) chance that Fed might make another rate-cut move. For the mid- and long-term health of our AAPL shares, we shouldn't be worried.

And, in the end, Let's not forget that we are now solidly above practically everyone that matters: Dell, HP, IBM, Oracle (as well as Amazon, Sony, Yahoo...). There are only three computer companies with market capitalisation greater than apple: Cisco, Google and Microsoft. Even Microsoft, with its market cap hovering around $292B, is about 100% away. Looking at the past six months it took AAPL to climb 100%, it is just the matter of time before Apple becomes the biggest computer company in the world.

Time to buy som AAPL stock (while it's down a bit)

Remember the days when you could get an Apple Creep for just $70, or way back in 2001 when you could get a split adjusted Apple Creep for about $6.50? Damned podophiles are getting expensive.