Investing 102

[bdahlg68]

AAPL.... Doh!
Bought some at 485 a bit ago and thought I was a genius!

[XLexusTech]

Originally Posted by bdahlg68

AAPL.... Doh!
Bought some at 485 a bit ago and thought I was a genius!

what do you think it will drop too? Overnight it was 465 I think

[Sieg]

Originally Posted by XLexusTech

what do you think it will drop too? Overnight it was 465 I think

Squawk just said it opened at $458

[GregWeld]

I'm not trying to say I'm a genius here... I'm trying to say that I've lived all this and I'm trying to help you all understand the "issues" --- using my experiences both bad and good....

RE: APPLE



Go back and read my "priced for perfection" warnings....



This is exactly what happens when stocks have run up HUGE.... expectations are for even more "hugeness".... and then they hiccup.

The market is about perceptions - expectations - and performance. Miss one of these and you get absolutely hammered.


BUT -- Always the big butt! It could have just as easily run the other way --- blown out sales numbers - or blow out profits -- and it JUMPS $75 in a day... then you're kicking yourself for having "missed" this.


This is EXACTLY why I have quit trying to play that game -- and I just buy stuff that pays me a nice dividend -- doesn't move huge one way or the other -- and I go to bed at peace and wake up rested. The other stuff is too much heartache and too gut wrenching. I'm old - I can't take it anymore -- plus... it's just not fun when it goes against you.

[toy71camaro]

^^^ I was waiting for the reply. LOL The whole time I've seen it sinking (since the $700 mark) I've had that in the back of my head.. "priced to perfection"... and i had a feeling they were on a downward slope. I mentioned back when we were talking about that I was considering switching to an Android cuz I've just got tired of Apples stuff. <-- that fell into the investing 102 theory that we've talked about. I am a "buyer" of that product, and when I feel I am no longer wanting to be a buyer, I wouldn't want to be an investor either. <the old drive by lowes, if the parking lot is always empty, store is always empty, somethings up>

[XLexusTech]

IN @ 445... you make all your scratch on the buy baby.. BTW my "facey book" is kicking butt..

BPT however.. is out...

JNJ.. is the think that keeping me in balance...

[WSSix]

Heard an interview snipet on the radio about Apple from an investment expert. She said the same thing really. All I could think about was, "Yeah, I know a guy who said the same thing a long time ago"