Since84
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To infinity and beyond!
Posts: 3,933
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Post by Since84 on Oct 11, 2018 2:35:53 GMT -8
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Post by appledoc on Oct 11, 2018 3:30:11 GMT -8
Let the weak hands sell.
These selloffs happen fast. January's drop happened in less than 9 days. It may take 10% until we get it, but be ready for the snapback.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Oct 11, 2018 5:18:04 GMT -8
This appears to be a broader market thing. Indeed global. Not sure how quickly AAPL will snap back.
BTFD but be wary trying to catch a falling knife.
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Since84
Moderator
To infinity and beyond!
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Post by Since84 on Oct 11, 2018 5:59:46 GMT -8
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chinacat
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AAPL Long since 2006
Posts: 4,438
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Post by chinacat on Oct 11, 2018 6:12:18 GMT -8
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Since84
Moderator
To infinity and beyond!
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Post by Since84 on Oct 11, 2018 6:43:36 GMT -8
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4aapl
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Post by 4aapl on Oct 11, 2018 7:30:42 GMT -8
Venture capitalist Gene Munster predicts tech stocks will fall another 5%"Tech giants, including Netflix, Amazon and Facebook, could see another big "step down" of 5 percent," Munster told CNBC's "Squawk Box," a day after the market plunge. Munster didn't elaborate on the timeline. Munster, the founder of Loup Ventures, predicted the notable exception will be Apple, with Wall Street analysts expecting to see the average selling price of iPhones continuing to rise. "I'm still bullish on the sector more broadly for other reasons," Munster said. "But the near term psychology has a way of playing itself out in historical patterns.""
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elmar
Member
Posts: 104
Member is Online
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Post by elmar on Oct 11, 2018 7:36:31 GMT -8
There is some interesting speculation about Apple's partial acquirement of Dialog Semiconductor: Computerworld
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Post by gtrplyr on Oct 11, 2018 8:29:36 GMT -8
Down a small fortune in paper losses and I could care less. Knowing that Apple is buying back huge amounts of stock can do wonders for your sense of confidence during these periods.
It's actually pretty healthy so we can get to the next level in SP .... AND we have iPhone XR coming in a few weeks !
CHEERS to the longs !
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Post by bud777 on Oct 11, 2018 9:46:44 GMT -8
Haha did anyone notice our old AFB friend Gregg Thurman was stirring the pot on PED's site? Hope he's got 25 cars again (does talking about other people's cars constitute car talk?). If only Tim and Apple went politics-free. Evidently, it does count
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Oct 11, 2018 10:43:07 GMT -8
Bud777
I like your sense of humor.
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Post by nwjade on Oct 11, 2018 11:32:40 GMT -8
Today's aapl volatility is incredible to watch.
I don't know how the day traders keep from being whipsawed in this environment.
Looking forward to repositioning being over and things settling down...
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Post by macster on Oct 11, 2018 12:42:05 GMT -8
Transitioning into a real market based economy instead of the Fed induced. Because of the transformation and growth, rates are rising. Interest is being made on safe money for once. Some fear rising inflation. Some think rising rates are too fast. But combined with the Tariff scare and under performing markets overseas, panic is in. The US Economy is very strong and in good position (Because this whole Tariff affair was contingent on a strong US economy) to get China thinking cooperation as the likes of SK, Mexico, Canada and Europe. Hopefully in the next two months China will give a little. They are stealing from us big time.
Parroting what some experts are saying. I'm not that smart.
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crispin
Member
KBJ for the win. AAPL long and strong since 2000
Posts: 332
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Post by crispin on Oct 11, 2018 15:24:35 GMT -8
Today's aapl volatility is incredible to watch. I don't know how the day traders keep from being whipsawed in this environment. Looking forward to repositioning being over and things settling down... And now we’re up $2 AH. I’d say it’s nearly hopeless trying to trade this. Maybe that’s why I’m not a trader...
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