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


To: Doren who wrote (16236)8/4/1998 7:32:00 PM
From: soup  Respond to of 213182
 
Bong ... Bong ... Bong ...

I feel like Rocky Balboa after being knocked down by Apollo Creed in the 14th round .... then luring him in, ducking his hook, and busting his ribs with repeated body blows. (Gesturing) C'mon ... C'mon ...

If this is how AAPL handles a near-record down day, I say bring it on Mr. Bear! You got nothing. You ain't got nothing! I pity you, fool!

[Actually, I've been adjusting my portfolio away from domestic large cap for some time and days like this it appears to have paid off. Despite being fully invested (and even leveraged) with a fair amount of AAPL options, I'm not even down by 2%.]

Assuming AAPL tracks a market decline to 15% off its high of $38, we get 32 1/4.

I can live with that.