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


To: pyslent who wrote (169803)5/27/2014 11:08:54 AM
From: Ryan Bartholomew  Read Replies (1) | Respond to of 213173
 
His point was that knowledgeable investors knew that Apple was not going to 200, it wasn't going to 0, and that the overshoot on the downside represented "back up the truck" time.
By "knowledgable investors", you mean people who trust their opinions over the objective statistical measures. Nothing wrong with doing that, but by the same reasoning, a "knowledgable investor" could have outperformed the broader market over the past ~2 years by timing incremental purchases of other stocks with similar declines but that they were confident wouldn't plummet. This option applies at any given time in the market... it's a broad truth that you can market time (or dollar cost average) to drastically improve or worsen relative performance.