You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
AAPL: Buying the Dips!
- Thread starter cactiman
- Start date
i see it exactly that way too.
we also use to live off the backs of 3rd world countries and we had all the oil we wanted because everybody else was poor. remember 25 years ago you would see pictures of everybody in china riding bikes? when others in the world improve themselves it takes away from us because there is only so much in the jar for everybody. i am just being logical not everybody can have everything.
we also use to live off the backs of 3rd world countries and we had all the oil we wanted because everybody else was poor. remember 25 years ago you would see pictures of everybody in china riding bikes? when others in the world improve themselves it takes away from us because there is only so much in the jar for everybody. i am just being logical not everybody can have everything.
Quote from cactiman:
I'm no economist, but I'm not sure it is fixable.
It requires job creation and growth in the US and Europe.
Will that ever happen when everything is made in 3rd World countries?
Since March 2009 it's been this "melt-up", 0% rates, QE thing keeping it going.
The Dollar hasn't been falling lately either, so the "debasing your currency for the exporters" thing isn't working right now.
The other currencies are falling against the Dollar because their countries are even worse off, and they're doing their "debasing" better I guess.
Quote from brokerboy:
i see it exactly that way too.
we also use to live off the backs of 3rd world countries and we had all the oil we wanted because everybody else was poor. remember 25 years ago you would see pictures of everybody in china riding bikes? when others in the world improve themselves it takes away from us because there is only so much in the jar for everybody. i am just being logical not everybody can have everything.
Totally agree. The wealth distribution has always been for a small minority of people to be rich, while most are poor.
In olden times a royal family in Europe had almost all the wealth, while all others were peasants.
I've heard the only time in human history when the majority of people in a society were middle class, was in the USA during the 50's and 60's.
That's fading away as good jobs disappear, so it's getting much more rich and poor here now too - the 1%, etc.
Good luck to our children and grandchildren. I'm very worried for them.
When do you consider the uptrend broken? Aapl is now sittibg at 513 and I've seen a lot of people concentraing on the 519 prices which we've now gone a percent under
Quote from Took2Summit:
When do you consider the uptrend broken? Aapl is now sittibg at 513 and I've seen a lot of people concentraing on the 519 prices which we've now gone a percent under
IMO, if AAPL closes below the blue line on the attached chart, the 44 month AAPL Uptrend is broken.
Looking pretty likely at the moment...
Attachments
geez i go to take a shower and come back and aapl is down another 1.5%..ive been an apple bear for a loooong time (just anti apple, not the stock so much) and i guess its true the market can stay irrational longer than you can stay solvent. this sell off is getting to be a bit ridiculous. Apple now has a yield over 2% and FPE of 8.7. the positive thing is those numbers open the doors to a lot of new mutual funds.
Quote from Took2Summit:
geez i go to take a shower and come back and aapl is down another 1.5%..ive been an apple bear for a loooong time (just anti apple, not the stock so much) and i guess its true the market can stay irrational longer than you can stay solvent. this sell off is getting to be a bit ridiculous. Apple now has a yield over 2% and FPE of 8.7. the positive thing is those numbers open the doors to a lot of new mutual funds.
I was reading that a lot of funds are taking profits, worried about capital gains going higher going into 2013, I believe apple is still up around 30% on the year, it was up over 70% on the year just 2 months ago, more people are now coming to the conclusion that the days of hyper growth are done for apple. I have said this for about 2 years now, you can only stay in the game so long, eventually competition catches up....no company stays on top forever, look at RIMM, Dell and AOL back in their day, every company always has a high and a low.