Especially AAPL – with iPhone 5 coming out, at a minimum, BUY ON THE RUMOR!
AAPL is over 600 again…we’re on an upswing for sure, at least with many stocks.
DOW on the verge of 13K again too.
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.”
Stock market still gggggggoing going boinggggg!
Now, I have a friend who predicts DOW 3000 within a few years. I don’t see it that way, but he IS a pretty good stock trader.