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I've been saying a lot of commentary in news recently that the global stock markets are in a bubble right now waiting to burst. U.S. Stocks have been down recently and in particular AAPL has taken a beating. Do you think we could see a downturn or as they like to call it a 'correction' in the stock market over the next year or two?
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I am actively involved in the stock market as in trading daily. Sometimes I go long, and sometimes I go short
What is shorting a stock? What is going long? - Free EBAY, PayPal, Business and Law Forums - Ebay Suspension, PayPal Limited
Currently, because all the long term stocks I hold are blue chips that are not very volatile, it makes no difference to me whether there is a bubble or not.
It shouldn't matter to anyone at all. In the long term, fundamentally sound stocks go up.
What is a fundamentally sound stock? What stocks are best to invest in - Free EBAY, PayPal, Business and Law Forums - Ebay Suspension, PayPal Limited
The right time to buy and hold long term - is whenever you have the money. For long term investment, market timing has always failed and "waiting" for the perfect entry point always results in missed profits.
I bought a GANG of AAPL in early 2007 at about the WORST price for that year - the stock dropped something like 30% percent at some point that year after I bought. Yet today eight years later my stock is worth over 10X what I paid for it.
And then as far as short term traders, you may go long, or short, so whichever way the market goes, there is money to be made. -
By the way, AAPL went up over a dollar today, and is far up from its recent flash lows of the 90s. I made money trading AAPL long today.Comment
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