i couldn't believe when she said that she actually bought some Apple, saying she liked the $20 drop... too bad she jumped in too soon. Who will buy shares of Apple when all it takes is RIP news about steve jobs and a quick $50 a share drop..at least on that news
That work of art Karen was saying it was too expensive from $150 to $350. Now she bought? She most likely puts or a short position. When all the experts are bullish...be afraid...be VERY afraid! I will buy in July. Don't try to catch this falling knife!
Yes, she did that long time ago. Forget that, even consider this latest blunder from her: if you have recorded FM shows this past week, re-play and observe the night-before dialog from her: "310 ... yes it might get there! If it gets there, I'll buy it". Then next day's FM show, lo and behold, she declares "she bought it a little north of 330!". Guys, this is someone who may be playing with other peoples monies, that, she can afford to loose, if it goes to 310. We on the other hand, need to be prudent with our money ... we can afford to wait and see! Seeing Red in portfolio for six months is not a pretty sight, especially when you bought half-hazardly, not knowing if the down-draft has flattened first! Lets not make a mistake of catching a falling knife and make our hands wounded! There are plenty of other fishes to fry in this big market! Apple is not the only fruit you can eat!
Karen more than likely bought more after it dropped under 330...just like when she bought goog and it dropped, she bought more now goog last week made a new 52 week high...yes it backed off but it won't last for long...lol
Are you nuts??? This is a case of t he pendulum swinging too far in the WRONG direction!!!!!The stock may go a bit lower but , as there Will be a tomorrow, it WILL swing the other way---of that you can be certain!!!! wboyce3 BUY CALLS or LEAPS