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Old Oct 7th, 2012, 02:23 PM   #19
cdcaveman
 
 
Join Date: Aug 2011
Location: Florida
Posts: 4,011
IPhone 5 is a smash... everyone hates on the strong trend... don't fight it is what I say... definitely money manage but you can't double and triple accounts without slam dunnks
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Old Oct 7th, 2012, 02:24 PM   #20
Daring
 
 
Join Date: Aug 2012
Posts: 745
Quote:
Quote from cactiman:

Hmmm.... You have a point there.
Anyone else want to buy an iThingy or 2 to help us out a bit here?
Have to make 700 by January 18th!
Not me, with kids, I can't even afford an iPad 1 lol
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Old Oct 7th, 2012, 02:39 PM   #21
cactiman
 
 
Join Date: Dec 2011
Posts: 1,055
Quote:
Quote from cdcaveman:

IPhone 5 is a smash... everyone hates on the strong trend... don't fight it is what I say... definitely money manage but you can't double and triple accounts without slam dunnks

I like that kind of talk.

New iPad Mini coming soon, and maybe next year we'll finally get iTV.
Some say Steve Jobs planned out the next 10 years for them before he passed away....
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Old Oct 7th, 2012, 02:43 PM   #22
cdcaveman
 
 
Join Date: Aug 2011
Location: Florida
Posts: 4,011
Its a money machine.... I'd rather be the loser that follows the trend near the top rather then short and call a top on aapl of all companies
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Old Oct 7th, 2012, 03:04 PM   #23
viktor_k67
 
 
Join Date: Oct 2007
Location: Canada
Posts: 122
You do not have to plat short. But,I would not expect it make another 60% up in the next 9 month as it was done in the past 9 months.

Last correction in May 2012 was 20% down. How far down it will go during the next correction? This stock becomes volatile, which means investors become nervous. They sit on the profit but they did not cash it yet... I think more volatility is coming as more investors going to fix the profit and wait for a correction to buy dip again...
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Old Oct 7th, 2012, 04:25 PM   #24
cactiman
 
 
Join Date: Dec 2011
Posts: 1,055
Quote:
Quote from viktor_k67:

You do not have to plat short. But,I would not expect it make another 60% up in the next 9 month as it was done in the past 9 months.

Last correction in May 2012 was 20% down. How far down it will go during the next correction? This stock becomes volatile, which means investors become nervous. They sit on the profit but they did not cash it yet... I think more volatility is coming as more investors going to fix the profit and wait for a correction to buy dip again...

The 424.88 to 361.77 pullback in 2011 (-14.85%), and the 641.25 to 519.95 pullback earlier this year (-18.92%) both took 6 weeks to complete.
But both were subsequently followed by great rallies, from 361.77 to 641.25 (+77.25%), and from 519.95 to 705.07 (+35.60%).
What we're talking about is the next Higher Low in the uptrend.
It has to be above the last Higher Low of 519.95 to work with this chart.
If we average the last 2 pullbacks (-14.85% and -18.92%) we get -16.89%.
Assuming that happens now (it may not, this could just be a small dip like in July) we get: 705.07 (-16.89%) = 585.98.
That works as a new Higher Low.
If next we take the smaller of the last 2 rallies (the first one was kind of big!) and add it to that new Higher Low we get: 585.98 (+35.60%) = 794.59!!
That works for me!
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