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Strategies & Market Trends : John Pitera's Market Laboratory

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Davy Crockett
roguedolphin
To: 3bar who wrote (18022)3/22/2016 11:29:44 AM
From: John Pitera2 Recommendations  Read Replies (1) of 33421
 
AAPL has had a few big declines in the past. In 1990 it topped out on a split adjusted basis at $2.42 and traded sideways to down not bottoming until it reached $.42 in 1997.

in 2000 it topped at $4.97 and did not bottom until it was at $.88 in 2003.... just imagine that as falling from $497 to $88.00

Greater than a 50% selloff in The GFC in 2008-2009 ... and almost 50% in 2012-2013




John
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