Have read numerous reports from analysts saying AAPL will slip next week before hopefully going up before earnings. At what point would be a good time to buy back in as I love AAPL? Sold at 234. Thanks.
one more thing. don't believe the bashers. aapl stock has run up into and after every major product launch but one ie. the iphone launch around the banking collapse. Look at the chart for jan 07 to july of 07. 60 % UP. The bashers are trying to relate the usual sell off up aapl's stock after earnings reports, when aapl usually lowballs next quarter est., to the IPAD launch. Don't believe it.
Yes, I meant sell at high... My point was that it is hardly a norm to be able to sell at the high of hte day and then come back in at or near the low of the day. If you could in fact do that consistantly, you'd be a Billionaire. Yes, everyone tries to "buy low, sell high" but the reality is they buy kinda low, not the lowest, have to wait for it to recapture the gain to b/e, then wait for a rise and cash in on a profit selling high, but not at the highest and probably get back in at a pullback that is above what they sold at. Anyway, I'm not trying to be an ars, I just don't think the act of "buying low and selling high" is a matter of due dilligence, hard work, etc... With something like aapl, a solid co with a great balance sheet, it really is a buy and hold; then buy on the periodic deep pullbacks and holding even more...
where were you thurs.? If you had nice profits like most of us that got back in at 195, you sold at 238 early thurs. and caught the buy on the sell off to 233, for the run up into earnings, ipad launch, aapl's mobile ad launch April 7th and aso the coming analyst upgrades.. You may get lucky early mon to buy below where you sold but I doubt it.