Investing 102

[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.