AAPL: Buying the Dips!

[cactiman]

Quote from viktor_k67:

That was my point for cdcaveman:
"Its a money machine.... I'd rather be the loser that follows the trend near the top rather then short and call a top on aapl of all companies"

Why to buy now if there is the possibility to buy lower

I'll be "fading in" all the way down to 600, if it falls that far.
That would be a perfectly normal 15% pullback, and the volume is nowhere near panic levels.
2 steps forward from 600 (+30%) = 780 over the next few months.
This is probably just a "shake out" before the earnings announcement, and 9 out of 10 times AAPL goes up after earnings.
Plus there's talk of the iPad Mini announcement coming this week.

 

[cdcaveman]

I agree... wait until you feel like its really gonna be painful and buy... moves seem to go farther then you think they will.. healthy retracements...

 

[cactiman]

Quote from cdcaveman:

I agree... wait until you feel like its really gonna be painful and buy... moves seem to go farther then you think they will.. healthy retracements...

Everyone says "Buy the Dips" like it's easy, but it's not.
When a stock is going down, it's because some kind of bad news or rumor is scaring traders into selling, and it feels like the stock will keep falling and never recover.
You have to have "faith" the Long Term Trend will continue, and look at past pullbacks and the ensuing rallies for moral support.
Then you hold your nose and Buy Low, so later on you can Sell High!

 

[cdcaveman]

Quote from cactiman:

Everyone says "Buy the Dips" like it's easy, but it's not.
When a stock is going down, it's because some kind of bad news or rumor is scaring traders into selling, and it fells like the stock will keep falling and never recover.
You have to have "faith" the Long Term Trend will continue, and look at past pullbacks and the ensuing rallies for moral support.
Then you hold your nose and Buy Low, so later on you can Sell High!

it does feel like your holding your breath under water alot of times literaly!

 

[cdcaveman]

i'm not huge on fibs.. but this does seem to make some sense... second chart is from the last low of retracement instead of the larger move

<a target='_blank' title='ImageShack - Image And Video Hosting' href='http://imageshack.us/photo/my-images/600/aaplfibs.png/'><img src='http://imageshack.us/a/img600/7582/aaplfibs.png' border='0'/></a><br>Uploaded with <a target='_blank' href='http://imageshack.us'>ImageShack.us</a>

<a target='_blank' title='ImageShack - Image And Video Hosting' href='http://imageshack.us/photo/my-images/833/aaplfibs2.png/'><img src='http://imageshack.us/a/img833/46/aaplfibs2.png' border='0'/></a><br>Uploaded with <a target='_blank' href='http://imageshack.us'>ImageShack.us</a>

 

[cactiman]

Quote from cdcaveman:

i'm not huge on fibs.. but this does seem to make some sense... second chart is from the last low of retracement instead of the larger move

Lines up perfect so far.
3 steps forward, 1 step back; 2 steps forward, 1 step back; 3 steps forward, 2 steps back?
Science, or self-fulfilling prophecy?

 

[cdcaveman]

Quote from cactiman:

Lines up perfect so far.
3 steps forward, 1 step back; 2 steps forward, 1 step back; 3 steps forward, 2 steps back?
Science, or self-fulfilling prophecy?

dice rolls more like it haha.. jk.. its been a good push down.. keeps it from looking parabolic.. retail investors subconsciously like that i think.. so the manipulators are jogging it up to the ultimate pinnacle of euphoria that they can get!

 

[Nutinsider]

uhh got stopped out!

 

[cdcaveman]

Quote from Nutinsider:

uhh got stopped out!

Nice handle... ha. Its gonna wop those stops at 50% retracmemt then some

 

[viktor_k67]

Quote from cactiman:

When a stock is going down, it's because some kind of bad news or rumor is scaring traders into selling...

A stock goes down because of bad news??? I thought a stock goes down because there are more sellers who are willing to sell at lower price. There could be different reasons whey they want to sell: it could be as you mentioned "bad news", stock could be over evaluated, it could be that most popular technical indicators are showing high odds of correction and simply people may decide to fix the profit.

If you such huge fund of bad/good news, please, explain why S&P 500 and other indexes did not reacted positively on such "good news" as drop in unemployment. O, I forget, there are always bad and good news and the role of the media tell us after the market closes which news moved the market.