AAPL: Buying the Dips!

january 06 start of tl

 

Wasnt this headed to a $1000 or something like that, isnt that what those high paid analysts said apple was going to......

Almost a $200 dollar drop from $700+ Whewwwww!

I guess they will have to release an iphone 6, an ipad 5 and an ipad mini 2 before christmas to get the stock price to at least $600....

 

Have you considered the amount is still up for the year?

 

Close to reaching 519.46. A decent chance we touch both 519.46 and 540.22 tomorrow.

 

If only we could always buy at the bottom and always sell at the top.

 

Agreed.

 

Since we're just throwing meaningless predictions out there, AAPL will see see 450 before it sees 600.

 

Sentiment has never been worse.
Must be near the bottom.
Snap-back, short covering rally coming soon?

 

don't fight the trend. aapl has had years to build up a huge investor base, many of who are starting or continuing to sell now.

 

I understand, but the Long Term Trend for AAPL isn't broken yet.
If AAPL goes down through 517.58 and hits 500 and then closes down there, it will be broken.

Even if that happens, there will be short covering rallies to lower highs, etc.
Nothing goes straight down.
I wouldn't sell short here either, after 8 straight down weeks.