AAPL: Buying the Dips!

Quote from S2007S:

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.
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perhaps you've misread my thesis :) i also believe apple is headed lower. i am just simply stating that the 2%+ yield and low PE opens the door to new mutual funds that have a philosophy they must follow, whether they like a company or not. and now apple fits into a lot more philosophies. i like to look at all sides of the trade
 
Quote from S2007S:

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.
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This all makes sense, plus it's harder for so large a company to grow rapidly.
And when a company starts paying a dividend it usually means they're stabilizing, and growth will slow down.

But none of that means the stock is necessarily going to collapse.
It will just go up at a slower pace, as long as it continues making decent profits and sales.
AAPL is still doing those things, plus it's very cheap (PE wise) right now.
 
Quote from Took2Summit:

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.
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Good points.
I think those funds you mentioned are buying AAPL right now!

Uhhhhhh.........
The Long Term Uptrend for AAPL is still in place.
Never say die!
:D
 

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Speaking from painful experience, I recommend entering trades in the time frame you're working with. It seems like when you started your bullish position, the dip was the near term lower trend line around 670.00. When price broke that level and pulled back to it in early October, that was the signal to exit and reverse short in that time frame (6 month chart).

If you were looking at the longer trend, then the dip to the lower trend line was around 530.00. When that LTL broke down and price pulled back to it, that was the short signal in the 1-year time frame.

If watching the very long time frame (3 years), looks like the LTL is around 460.00.

I lost tens of thousands of dollars holding losers, while rationalizing my position by looking at much longer time frames than the initial trade was based on.
 
Quote from NoDoji:

Speaking from painful experience, I recommend entering trades in the time frame you're working with. It seems like when you started your bullish position, the dip was the near term lower trend line around 670.00. When price broke that level and pulled back to it in early October, that was the signal to exit and reverse short in that time frame (6 month chart).

If you were looking at the longer trend, then the dip to the lower trend line was around 530.00. When that LTL broke down and price pulled back to it, that was the short signal in the 1-year time frame.

If watching the very long time frame (3 years), looks like the LTL is around 460.00.

I lost tens of thousands of dollars holding losers, while rationalizing my position by looking at much longer time frames than the initial trade was based on.
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I'm not totally clear on what your saying.
Could you attach a chart?
:)
 
Quote from cactiman:

Good points.
I think those funds you mentioned are buying AAPL right now!

Uhhhhhh.........
The Long Term Uptrend for AAPL is still in place.
Never say die!
:D
More...

i am still not a believer in being long but i am never confident in anything with the markets. i am short the market not apple. if i was to bounce apple though i would look for it to break its trend on the next real support level than let the scared money sell than get in for the bounce. you don't want to be in before unless your doing it small and its never easy to call tops or bottoms. yes i am really no help i know that haha
 
Here are some more numbers on aapl. Aapl went parabolic closed on 1/24/2012 for $420.41, gapped up closed $446.66 gap unfilled.

high 705.07

on a fib retrace starting with 420 to 705:

50% 562.6
61.8% 528.98 todays pivot
78.6% 481.11

50 day average 595.75

200 day average 631.85

you are right clubber, no meaning to anything unless you assign it so. Its all a big Rorschach.
 
Quote from brokerboy:

i am still not a believer in being long but i am never confident in anything with the markets. i am short the market not apple. if i was to bounce apple though i would look for it to break its trend on the next real support level than let the scared money sell than get in for the bounce. you don't want to be in before unless your doing it small and its never easy to call tops or bottoms. yes i am really no help i know that haha
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Not sure what time frame you trade, but AAPL had a 24 pt. bounce today in a little more than an hour after it hit 505.75.
Would you trade that?
Not me. Don't want to have a heart attack or anything....
:p
 
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