AAPL: Buying the Dips!

i think buy at 450 is about right.

 

And if wrong lose your butt, wonderful way to trade.....

 

Agree 100% . Averaging down on a stock in a strong downtrend is foolish. I did this many times back in the day and would always try and rationalize that the stock was cheap and still had a lot of growth. Of course I was a technical guy and was using the valuation as an excuse. Bottom line: averaging down are for trades that went bad and a trader that didn't utilize a proper stop strategy.

 

We all did back in the newbie days, then we learn by the scars...

 

nice.........

 

-10

whats that giant sucking sound.........?

 

+100

 

Reminds me of CSCO in 1999
People just would not look at it for what it was

 

Sad to see AAPL go down

They [Jobs] have given the world some great stuff- let's be honest here! So good that others want to steal/imitate it.

What's that saying about "imitation is.." ?!

Let's not forget they have a lot of cash. A lot of flexibility.

AAPL will live to fight another day! Take that to the bank.