How low will stocks go? Apple ?
- Thread starter NY_HOOD
- Start date
Don't know about Apple... but "stocks"?
The 2000 bear market in Nas lost -70%. (One particular leveraged Nas mutual fund lost -97.5%... and wrecked some lives along the way.)
The 1929-1932 bear market lost -90%.
Many high profile market muckety-mucks have proclaimed, "this one will be worse than the '29, market".
We'll just have to see.
Now as to Apple... Its high profile makes it a likely candidate to "resist the decline" for a long time. Might keep an eye on it for when they "throw in the towel" and it capitulates to the downside... that might be a time to consider "getting your money out". Same goes for gold.
Suggest to not be in too big of a hurry to BTFD at this time.
The 2000 bear market in Nas lost -70%. (One particular leveraged Nas mutual fund lost -97.5%... and wrecked some lives along the way.)
The 1929-1932 bear market lost -90%.
Many high profile market muckety-mucks have proclaimed, "this one will be worse than the '29, market".
We'll just have to see.
Now as to Apple... Its high profile makes it a likely candidate to "resist the decline" for a long time. Might keep an eye on it for when they "throw in the towel" and it capitulates to the downside... that might be a time to consider "getting your money out". Same goes for gold.
Suggest to not be in too big of a hurry to BTFD at this time.
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All that im thinking about,is how grateful i am, to able to witness it.
So far SPY's chart work as if it was the chart of a single stock.
If it won't hold at these lows(already went lower)*, then either 2016 lows (and slightly lower).**
or
2007 highs (and slightly lower).***
*
**
*** explanation - need to shake out those noobs with SL orders.
Only predictions.
Who da hell knows.
Really, like, who...
(this guy told, that vol has to kick in)
So far SPY's chart work as if it was the chart of a single stock.
If it won't hold at these lows(already went lower)*, then either 2016 lows (and slightly lower).**
or
2007 highs (and slightly lower).***
*
**
*** explanation - need to shake out those noobs with SL orders.
Only predictions.
Who da hell knows.
Really, like, who...
(this guy told, that vol has to kick in)
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The answer is: nobody knows. And remember, opinions are like assholes, everybody's got one.
That what you think... my view (which is not an opinion in the least sense) is "asshole"?
this was meant for this line: "Many high profile market muckety-mucks have proclaimed, this one will be worse than the '29, market."
Well, those folks have high profile... are well known... have decades of market experience... and have $Billions under management. Some of that crowd are right and some wrong at any time, but should they all be dismissed just because their A-hole stinks like yours and mine?
19 billion huh? We all going to die 3 times?
