DISQUS

Investor in the Wilderness: Apple Investors Forget the Bailout, Just Bail Now

  • zune · 1 year ago
    FEAR GOT YA.....hahahahahah. I dare yo to short Apple now then...
  • Zach Bass · 1 year ago
    You could pretty much short anything right now and be on the winning side of the trade. If you were to take any of the indices that I mentioned in this post and measured the distance from the high point of the Head and Shoulders pattern to the neckline, your target would be that distance below the neckline.
  • Kevin · 1 year ago
    Scaredy Cat MEow MEow MEow!
  • wishbone · 1 year ago
    Zach,

    Not everyone on your site is a trader. I own several shares of Apple as a long term investor, so to bailout would be very expensive. On the other hand if you feel the bottom is truly going to fall out perhaps this is the way to go. I need clarification on how you would play this in my position. My guess is most of the jobs we have known in the U.S. will never come back, I really do not see how we can compete in many industries. However, there will be new jobs in new industries but global competition will go after these jobs as well. You advice for a long term investor
  • Zach Bass · 1 year ago
    Buy and hold is simply an outdated strategy. As a long term investor you can't expect the stock to continually rise, nothing does. If you truly believe this stock will rebound, then you'd be buying this latest decline, by dollar cost averaging in. By the same token you should have been taking profits when it was ascending and at its peak.

    So if I was a positional or trend trader I would be a buyer here and a buyer at 80 and a buyer at 70, 60 and so on. The thing you have to believe in, is that you'll get a reasonable return from this stock in your investment horizon. Apple doesn't pay dividends, so holding for the long term is a very big gambit, when your dollars could be working for you elsewhere.
  • ruby's back · 1 year ago
    well mr me me me me - i told you so - good for nothing short p---s. What do you have to analize now ????

    Ruby Tuesday called you a quack and a self serving know nothing and you banished him but he will always come back to haunt you - maybe even with the SEC.....hahahahah short this ...
  • zune · 1 year ago
    tomorrow
  • Pam · 1 year ago
    zach is an expert on bottoms, he's called at least 4 this past summer that never materialized, as well as an end to the bar market, as well as....as well as...

    zach just likes to hear himself talk--so now he'll pile on the panic train.
  • Zach Bass · 1 year ago
    Pam, that's really not true at all. I did say that I thought 1200 was a bottom on the S&P about 3 days after we had hit that level. And I did so on sound TA principles, but I have not called any other bottom.

    Please don't mistake analysis of potential outcomes with calling a level. I very rarely if ever call bottoms unless I think there is substantial evidence to do so. In hindsight the 1200 level was obviously not a bottom, just a temporary landing.

    And If I'm pushing the panic button, it's because the near-term future doesn't look promising. The fact is that the markets still believe stocks are over-priced in this environment. So that can only mean one thing, further declines. If you choose not to recognize that, well that's your prerogative.
  • Pam · 1 year ago
    sure it is, go back and read your blog posts as well as your apple echosphere posts...sometimes you say two different thngs the same day....like investing, you hedge.

    on aug 11th you called "the bull is back" and then numerous bottom calls after that.....you don't know whether you are coming or going sometimes, Zach--you just love to hear yourself talk. You's make a great lawyer, you can talk your way out of a paper bag. Most see through this though, regardless of what your "visitor" numbers say--your blog and board is basically defunct. How many people aswered your rate cut poll? 6?
  • zune · 1 year ago
    zach you're a Monday morning quarterback with nothing to saynothing
  • zune · 1 year ago
    PS you're no friend to Apple, nor an Apple fan - Can I have my free iPod Touch now?
  • zune · 1 year ago
    told you chicken shit!
    bet you didn't short though you told everyone else to dump...
  • Zach Bass · 1 year ago
    So Zune, it's tomorrow, and AAPL gave up everything it gained in yesterdays late session rally. What do you have to say for yourself now?
  • tradejunkie · 1 year ago
    Hi Zach,

    I think Apple wool go lower and maybe a good buy at 85. No one can predict the bottom but you can pick good stocks based on charts. Keep up the good work.