Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Lahcim Leinad who wrote (132989)	5/4/2012 9:04:19 PM
From: Kelly G.	Read Replies (2) \| Respond to of 213177

I don't, cause I don't like the long term charts one bit. If $555 does not hold, methinks $500 could be here, shortly: I have seen $555, $537, and $503 as possible floors. Zaky says $503 is unlikely. At the same time, he says that it will be $7-800 in months and $1000 by the end of 2013 (from memory). I think if you buy it in here anywhere you won't care by the end of the year. I also believe we will see lots of buying as we approach each of the above possible low points. Personally, I put in a limit order for some at $555.

To: Lahcim Leinad who wrote (132989)	5/5/2012 12:32:35 PM
From: rnsmth	2 Recommendations Read Replies (1) \| Respond to of 213177

It was not a good 5 weeks, April and May so far. It has been a great 12 months. The closing price on May 4, 2011 was $349.57 Even after April and early May we (I usually mean me and the iWife when I use we) are doing all right in the world of investing and trading. More than all right really, already besting our best annual performance ever by a whole lot. Most of us have been through this before, this price action, So far, it has always reversed itself and AAPL has surged forward to new heights, I do not expect this time to be any different, so I will continue to hold what I have. I did not have much in the way of short-term positions when the price decline happened, and part-way through it I closed 80% of our October position.. If Apple goes down to near $500, I will close the 15% of our IRAs that are in non-AAPL, dividend positions and push it all into the middle of the table to join our Jan 2014 $600 position. If Apple does not go down that much, I’ll stick with what we have until I close the October 2012 $600 position (about 3% of the total), and our Jan 2013 $550 position (about 5% of the total). The hatches are battened down and I have nothing to do now but to monitor and wait. It has been a remarkable 2012 for our account balances, and I predict they will be higher, substantially higher, at the end of 2012 than they are now. Best wishes to all.