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

To: Lahcim Leinad who wrote (132996)	5/5/2012 1:05:06 AM
From: Kelly G.	2 Recommendations Respond to of 213177

I don't do that. I only play uptrends already in motion. No limit orders while the stock is dropping. Meaning, when the chart convinces me we're past the churn, and we're not going to go into a sustained downtrend, I'll buy. Trying to buy low, you are always in danger of "catching a falling knife" and not getting it by the handle. However, over the last 10+ years, the strategy of buying when Apple dips has been profitable 100% of the time. It is just a matter of time (usually fairly short) where your purchase is profitable. I use technicals to get in and get out. The rest of the time it is all about fundamentals and fundamentals continue to be outstanding. It is only a matter of time before the stock price moves, begrudgingly sometimes, to how acceptance of the tremendous numbers that Apple is posting. Besides, I have great fun seeing how close I can get to the bottom. I bought some Apple at 13 1/8 years ago when Apple hit an all time low of 12 7/8 (pre-split numbers).