Bought more on Friday at about 509. Only wish I had bought even more! I was gambling on both that AAPL is oversold, and that the fiscal cliff would be resolved.
I bought more AAPL and a number of other stocks in late Spring 2010. Since that time, notwithstanding some hiccups in the financial stocks such as BAC, AIG, C, etc., the market has been roaring.
Just lately, some sort of a correction, but still – AAPL is over twice what it was two years ago.
Still upside room I believe.
My friend says: “All my technicals (OK OK, just lookin’ at the charts and taking an educated guess) tell me that the stock market is about to tank hard.
Each day it’s trying to reach for its previous highs, only to slip further, like a helpless climber who’s lost his grip on a steep vertical slope.
AAPL at 166 now, should be in 150’s in short order, then lower.
Let’s see what happens.”
My take: “Maybe, but I think people are still hunkering to buy.
I vant to buy! the masses are screaming.”
Still missing any buy in ops for BAC, but my long term buy AAPL is going up and up lately.
Despite the fact that BAC got another upgrade today, it is down. I think this means it will dip below 10 soon.
I also hold AAPL. I do not trade AAPL, but rather hold it long term. Up nicely today on an upgrade.