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

To: zax who wrote (151252)	3/6/2013 7:02:08 PM
From: Trader J	7 Recommendations Read Replies (2) \| Respond to of 213173

Sorry Zax, not going to waste my time with you on this issue, we all know your position. NOK is down 23% in less than two months. Where are the charts for that? I don't have time nor desire for subjective positioning or charting. I don't care where Apple came from ... the stock doesn't care about me. I put my money where I believe the best risk reward scenarios exist and I've seen this type of things hundreds of time before. I'm giddy for the eventuality. I'll simply say it again, there's NOTHING in Apple's model and current point in their life-cycle that makes me believe this downtrend is sustainable beyond a level that we're in grasp of now. If something materially breaks that confidence in me, I'll flip on a dime. I promise you that. I guess what I'm saying is that I'm not worried about Apple's chart ending up looking like NOK's from a few years ago. You seem to be perfectly willing to throw your money at stocks that have imploded, have nearly 4B shares outstanding, high valuation and trade at $3. That's great for you but that's not my game. "Horrible investment" is a matter of timing and circumstance. Apple has been an AMAZING investment and trading opportunity. I expect better trading opportunities now than investing ... and I'll take it when offered. Cheers.

To: zax who wrote (151252)	3/6/2013 9:11:26 PM
From: Pete Mason	3 Recommendations Read Replies (2) \| Respond to of 213173

>> This is the normal term one uses for stocks that go down. Unless, of course, one lacks objectivity. << What term do you use to call NOK? I see that YTD it's down around 20% so far, approximately the same as AAPL. What does a purely objective person call NOK's performance? I'm sure there's a normal term for NOK out there somewhere... how's NOK done compared to the S&P YTD? What word might describe it? How much more "value" do you think needs to be created, before one might simply call it a horrible investment? -- Pete