even if it GAPS UP, IM buying tomorrow, no matter the price, BUY AND HOLD for $2000,. N O J O K E totally serious, BURN SHORTS BURN
Worst thing you can do is to listen to "reliable sources" They were telling you to get in at 700 cos it was going to 850. I remember it well. Stock has gap to fill and is not done bottoming IMO.
indirectly subisidizing the rich with low interest rates so money has to go to equity even though 3% dividend is still too low returns for risk in equities. and market capitalization is way too high.
What the FED is doing is subsidizing the equity market indirectly with below market rates, interest rate is only 2% in recessions, now companies are paying 3% dividends...now why would anyone buy t-bills or GIC or lend money at 1%? it's no free market, the fed is subsidizing billionaires and subsidizing the rich.
when i was a kid , i used to laught at 4% GIC and 4% T-bill rates at my bank now the bank is pay measily 1% why any kid under 16 would put their money in GIC or save any money at those interest rate is stupid. especially those kid funds.
95% of the management in all fortune 500 companiess suck. there aren't too many 'real' investments like apple. steve job turned everything he touched into gold. like bill gates in the 90's after bill gates left msft has gone nowhere dead money for 12 years so will apple. it's like dead boring bank utility stock no growth zero growth that pays a measily 2% dividend.