G19 coming after American stockholders' wealth. I think we must stand up to them rather than just getting rolled.
So is it buying opportunity time yet?
The buying opportunity comes sometime after Bernie takes the reins.
It's interesting reading about some of the historic gyrations in the market. In the 1875-1925 range there were times where dips and drops were due to economic reasons, and there were other times where it was self-inflicted, whether psyching it's self out, or what not.
All uptrends will end. How long they last and how quick things fall are the variables of interest.
AAPL is down about 9% from it's peak, though nearly 12% first thing this morning. The S&P is down less than 5%.
It feels like more than that, and yet it isn't. While I wish I had sold a few things in the last 2 weeks, so far there isn't that much real bottom feeding to do. OTOH, we do have a little bit sitting around in 2 accounts, so I might yet do some buying. My recollection is that these small downward spikes tend to last at least 2 days (brexit) but holding out for the 3rd is often a little too long. This time is different...as they all are. And yet the reaction/recovery can be similar enough unless real chaos takes hold.
We have the choice to build this board up, or tear it down. Make the right choice, or don't post here.
To All: Please remember to keep non-Apple SPECIFIC political stuff out of the daily thread. Post it over in the Dungeon, if you really want to discuss it with others on the AAPL Finance Board.
8-24-20 I give a 40+% probability on 15% annualized returns for the next 2 years. For Sept expirations, using today's $503, that's roughly $585 for Sept '21, $675 for Sept '22
”"It's probably the best business I know in the world," Buffett said, adding that he doesn't think of it as a stock but as Berkshire Hathaway's third business behind wholly owned subsidiaries Geico Auto Insurance and BNSF, a railroad company.”
Be sure to click through for the video.
Last Edit: Feb 24, 2020 11:49:01 GMT -5 by chinacat
mercel: It's been a long strange trip - good to see you're still around (and in AAPL -my assumption).
May 10, 2019 12:48:32 GMT -5
Zeke: Long time no see. Nice to see familiar names still here.
Mar 25, 2019 14:42:52 GMT -5
sponge: Regarding the future of VR, I think it will be huge. I was a gamer when I was in college. But as an adult I lost interest. Last fall I flew up to visit my son at college and check out his new Vive set up. After playing with it for the weekend, I was
Apr 29, 2018 15:25:17 GMT -5
galleybob: thanks for your answer. I will copy and send to her
Nov 7, 2017 15:32:18 GMT -5
rickag: So since Jan 28th 2015 AAPL is up from 117.27 to 157.21
Aug 21, 2017 20:09:43 GMT -5
artman1033: VXAPL = 29.21 AAPL = $117.27 AFTER EARNINGS
Jan 28, 2015 14:54:46 GMT -5
artman1033: VXAPL = 44.94 AAPL = $110.39 BEFORE EARNINGS
Jan 27, 2015 11:12:53 GMT -5