How can you not love aaple here

Quote from ehoofnagle:

Overall market is in complete turmoil, stock was down 7% and probably going to test 120,

Who cares? I said LONG TERM.

problems with the iphone,

None of note. Iphone point is unquestionable, they are selling faster than can be made...they could not be selling any better. Iphone is a slam dunk all the way in every single aspect.

if something happened to Jobs the stock would get cut in half.

Maybe. Maybe not. I doubt we know for sure what would happen. Same thing could be said about Berkshire and any company with a great CEO.
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"Long Term", why? Why take the risk when you can be be patient and wait for a better risk reward trade. Long term? Do you mean buy and hold? You could have traded the stock multiple times this year by just following the trend.
However, it's your money and thats what makes a market...best of luck here @ $131.
 
you're playing with fire in this market. no reason to step in from of a train.
AAPL was not only hit hard today because of the market but also a negative research note stating that AAPL notebook sales are showing signs of weakness.
 
Quote from ehoofnagle:

"Long Term", why? Why take the risk when you can be be patient and wait for a better risk reward trade. Long term? Do you mean buy and hold? You could have traded the stock multiple times this year by just following the trend.
However, it's your money and thats what makes a market...best of luck here @ $131.
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Hmmmm

I think the RR is pretty good compared to most other stocks out there. Right now, to me, any company with any kind of debt at all is more risky than a company with a super clean balance sheet. It's less risky than stocks with zero or slow growth.
 
AAPL is falling back below $100.

No need to take an investment in it now.

Stay away from AAPL, RIMM, BIDU, GOOG, CSCO, DELL etc....tech in general



With the slowing economy there is no reason to jump into tech, it will be years before the nasdaq gains back most of its losses. Aside from that there is no catalyst to push tech higher. I think the AAPL trade is done with, WAIT and be patient, you will be able to buy

AAPL below $100
RIMM below $70
BIDU below $150
GOOG below $300
CSCO below $18
DELL probably between $10-$12....

SELL tech SELL tech SELL tech.
 
I agree with you on this one. If you look at the technicals it doesn't make sense. All stocks are falling below support. Charts are meaningless.

My advice... Don't be a hero.

Quote from NY_HOOD:

you're playing with fire in this market. no reason to step in from of a train.
AAPL was not only hit hard today because of the market but also a negative research note stating that AAPL notebook sales are showing signs of weakness.
More...
 
Quote from sophiekay:

I agree with you on this one. If you look at the technicals it doesn't make sense. All stocks are falling below support. Charts are meaningless.

My advice... Don't be a hero.
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Good advice, but how can you say that a support being broken is meaningless... if you look at a chart and u recognize a break of support the only thing left is to pull the trigger. right?
 
Quote from jonbig04:


Maybe. Maybe not. I doubt we know for sure what would happen. Same thing could be said about Berkshire and any company with a great CEO.
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Tell me how well GE has done now since Jack Welch has been gone for the better part of a decade.
 
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