Apple's ascent to $200 was nothing short of a huge bubble. The first plunge from $200 to $120 was merely a shot across the bow. The second plunge is almost upon us. If you haven't taken this bounce as an opportunity to get out, you will be screwed.
NO stock drops like that without at least testing its low again. Unfortunately for AAPL, it has recently completed a MASSIVE DOUBLE TOP and will quickly decline to $80 per share. That equates to the most common fibonacci decline of 61.8%. Check out the 5 year chart - you'd have to be crazy to buy APPL now.
Back in July you called it perfectly. Even predicted 80 on the stock price.
I mean that is astounding and I am very impressed.
Well it hit 79, why didn't you cover and go long?
Getting too greedy?
It did not drop a turd, I'd say a turd drop is falling back into 80's.