The APPLE Crash

Quote from twofacedjoker:



P.S. FYI, I am bearish on OIL, GOOG, AAPL and bullish on EURO vs. DOLLAR.
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Every single one of those is wrong, especially oil. My god. You think we look at crude on brent below $130 a year from now? You are out of your mind.

Dollar's strengthening because rates are about to increase and already have increased.

Now you can probably scalp a few percents off them all, and I don't know what you're timeframe is, but any longer than 6 months or a year and none of those will be profitable.
 
02-09-2012
GrandSupercycle:
' These type of moves are unsustainable and tend to end in tears.
This APPLE monthly chart won't be any different '

Trolls take note: this is commentary and not a trade recommendation.
Disclosure: no position held.
 
Quote from twofacedjoker:

Since analysts at popular investing firms are selling the public a $900-$1000 AAPL dream, I thought I would venture out and state my price target.

AAPL will tumble to or realign with low-mid $300s. Coincidentally, a price that is to be realized if YTD(2.5months) gain is taken away.
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You know what they say about analysts...


And $300 price target? Based on? Don't think I'd want to be standing short on those train tracks.:eek:
 
Feb 9, 2012

GrandSupercycle:
"These type of moves are unsustainable and tend to end in tears.
This APPLE monthly chart won't be any different"

Trolls take note: this is commentary and not a trade recommendation.
Disclosure: no position held.
 
Quote from GrandSupercycle:

02-09-2012
GrandSupercycle:
' These type of moves are unsustainable and tend to end in tears.
This APPLE monthly chart won't be any different '

Trolls take note: this is commentary and not a trade recommendation.
Disclosure: no position held.
More...


Oh, Ok....lol
 
Quote from Opulence:

I'm a new trader, and this thread is proof of why you can't always listen to the analysts.
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No, you probably can listen to analysts, but don't mistake gsc as one. He's a boffoon, and not a professional, certainly not smart enough to be an analyst either because if he was he'd know not to short it whether you want to look at balance sheets, income statements, cash flow. None of these are a part of his consideration, so look for analysts that talk about this and see what they say.

The cup with handle pattern is formed and no matter how exponential you should never stand in front of that.

GSC is no analyst, and it's really a disservice that the only news ET posters choose to talk about is how wrong some analysts are, when there really are a lot of very smart people able to predict economic certainty from financial statements that make a lot of money for their firm, their portfolio managers, and any of the clients of theirs that choose to follow the advice of a real analyst.
 
Eh, when I look up analyst rankings for stocks and whatnot, they all have buys on just about everything out there and that has been the way since the beginning of time. One can easily go back to 2007-2008 and notice all the buys or holds on the financials. Analysts provide great stories but there are other reasons to buy and sell.


One of my favorite charts:

Picture-81.png
Source

What, the balance sheets are better in the Nov-April timeframe??

As for the OP, he forgets that markets are not rational. Don't fight the madness of crowds.
 
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