People always panic and sell towards the bottom. Could Apple go down more sure why not , but no one can ever call a bottom. For an investor this is an opportunity to own a stock with a pristine balance that is out of favor due to our economic environment.
Zach Bass
· 1 year ago
I agree. So for the long term investor perhaps the best strategy is to dollar cost average in. But in this environment we know that moves in the market are fast and hard. In one day AAPL can range 10 points or more. So I would suggest buying at regular intervals, say once a week, twice a months, whatever. And select a particular time of the day. I think either sometime in the first or last hour of trading. That's when most of the smart money trades.
wishbone
· 1 year ago
Who really cares, I am a long term investor and will buy at $100, $80, and $60 looking for a three year payoff. To me this is an unbelievable buy opportunity.
WallStreetToughGuy.com
· 1 year ago
IMO, best way to play AAPL on long side is to short puts - the implied volatility is outrageous on way out of the money puts. Same with stocks like RIMM.
Thom
· 1 year ago
I just don't see the need to do ANY action right now. So much is still in the air, so many unanswered questions, too much info to still drop. I understand if one is working for a hedge fund, brokerage, etc..and they have to do SOMETHING everyday but for those of us civilians dear lord, hang tight. We have a long way to go down. AA's recent shitty earnings, BAC's dillution and there is plenty more to go. Hang tight, buy GLD on down days and Winterize your lawn.
I keep track all day on certain equities and indexes and dollar levels but otherwise I'm a house-husband and student. Unless there is a financial gun to your head I say smoke a bowl and watch the Flintstones.
All Comments
I keep track all day on certain equities and indexes and dollar levels but otherwise I'm a house-husband and student. Unless there is a financial gun to your head I say smoke a bowl and watch the Flintstones.