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


To: Brian Sullivan who wrote (142388)10/8/2012 5:34:33 PM
From: Cogito5 Recommendations  Read Replies (2) | Respond to of 213172
 
I believe the action in AAPL today was mostly due to technical factors. But one never really knows.

The Foxconn stories are overblown at best, from what I can tell. Still, they're out there, tipping the fear/greed balance. Along with all these tiresome stories about how Apple just isn't the same since Steve Jobs died.

Nice buying opportunity.



To: Brian Sullivan who wrote (142388)10/9/2012 9:17:37 AM
From: billcasto4 Recommendations  Read Replies (1) | Respond to of 213172
 
You have some well known guys out there dissing Apple, like Doug Kass. I am a member of Real Money Pro and think Doug Kass is a very smart guy. But he is human. He has been touting a long in TBT for at least a
year and it has done nothing. He at one time had a big short on FAST and that didn't work out. For the last
several months he has been calling a market crash as the market keeps going up. On the other side he got me into OCN and ASPS which have done very well. So he is human. I think he is wrong about Apple. For those
of us who have owned Apple since it was $50.00 we have seen this drop happen many time and it has always
done the same, gone back up. Why, because it is earning tons of money with great products. When that changes then you can get out of Apple. But for myself, I would be a lot poorer if I had listen to all these nay sayer on Apple.