chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Nov 24, 2018 9:35:55 GMT -8
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Post by appledoc on Nov 24, 2018 11:48:34 GMT -8
We’re at the end of a vicious wave three down from 222.
My WAG: Capitulation below 169 with a red dog reversal on Monday. Then see a correction to 190 or so.
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Post by chasmac on Nov 24, 2018 22:05:31 GMT -8
You’ll get plenty of chances to buy lower, be patient IMO.
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Post by rmhe1999 on Nov 25, 2018 16:21:45 GMT -8
Just wanted to add some anecdotal evidence that I think Apple is having a great quarter. This past weekend, I was at the Apple store in Leigh Valley, PA as well as the store in Park City, PA. In both locations, the place was crazy busy. I personally saw multiple Macs / iPhones / Watches & accessories heading out the door over and over. I know this is merely a tiny data point in the global mammoth that Apple has become. I also realize that this past weekend in the US is a particularly busy shopping time. However, listening in on some of the conversations gave me confidence that nothing has changed with our favorite fruit company. Hearing people walk in off the street and simply say, "I need a new iPhone Xs's" or seeing entire families purchasing iPhones for everyone gives me confidence that this same scenario is being played out all around the US, and likely all around the globe. I've been in AAPL since 2008 so I'm very familiar with these ups & downs. If you're in it for the long term, Apple's massive cash should give you confidence that there is a nice floor somewhere with this stock. I for one, will not be selling a single share and if that means going down with the ship in the short term, so be it!!!
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