Parabolic move is what we are witnessing..8-2020
- Thread starter Rickshaw Man
- Start date
How high can we go without any retracement?
That chart is just crazy. Straight up with absolutely zero pullback. Something has to give
5000 points straight up.
Even a 25% drop wouldn't even show in that chart
Money falling from the sky...
I looked. In the late 1990s AAPL shareholder equity was never below $1.2 Billion dollars. They were NEVER on the verge of bankruptcy. At no point were they a "complete loser of a company". Companies get financing all the time to get on with new projects; AAPL had some decent projects in the works and some legacy business in Macs etc that never went totally away. Yes, in 1999, when the stock was roughly at $10 a share, it was a HUGE value proposition, the kind of stock you have zero ability to see the value in.
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I think sellers will start showing up as we near contract rollover in the equity index futures.
Why are you even looking it up? His view of the world is a child playing with building blocks. In his model of the world, what has been built HAS to be completely ruined to the dust it came. There is no logic to this view. It is just looking at a 10 year graph and pointing to the price 10 years ago and saying that is where we must go. Any attempt to speak logic to him, he would just point to the biggest up day and say if it it keeps going at that rate, price will be infinity -- as if any of us is saying that, and as if the only alternative is that price will be instead be zero.
everybody is a genius in a bull market. Though I prolly should've done leveraged qqq too.
Aug. 6, 1997: Apple Rescued — by Microsoft
https://www.wired.com/2009/08/dayintech-0806/
On the strength of the deal Jobs — still a mere adviser to the Apple board — got himself hired as "interim CEO." Fired in 1985, Jobs would return at Top Dog. He would receive no pay, and he could quit at any time.
"The message was clear," Frank Rose wrote in a new introduction to his 1989 history of Apple, West of Eden. "Apple needed him more than he needed Apple."
https://www.wired.com/2009/08/dayintech-0806/
On the strength of the deal Jobs — still a mere adviser to the Apple board — got himself hired as "interim CEO." Fired in 1985, Jobs would return at Top Dog. He would receive no pay, and he could quit at any time.
"The message was clear," Frank Rose wrote in a new introduction to his 1989 history of Apple, West of Eden. "Apple needed him more than he needed Apple."