As the Alpha holds steady and actually has started to inch up ever so slightly and the Relative Strength (RS) has done likewise AND the Alpha and RS for Apple (AAPL) have been improving also, I think the bottom was put in at an intraday low of $16.42 on June 27, 2013 and the closing low of $16.46 on June 24, 2013.
hi dg! maybe Im stupid but everything I own got smacked down silly, and I just said ok thank you very much and bought more, I dont listen to CNBC, or Bloom, too busy and it is blissful. I have read seeking Alpha stuff on F which I am mostly watching as I own alot, and I decided to hold it to earnings, I added to SLW too and CRUS.....started to buy HFC......I believe in 3 things OIL APPL GOLD/SILVER....NO ONE KNOWS whats gonna happen.....I am sticking ot my convictions. It works long term for me!!
DG, your call is just as good as any one of us these days. i keep reading what the anal analysts and their so called number they keep coming up with which of course is based on absolute guess work. one would think they work in the accounting dept. of companies and have first hand knowledge of the numbers. i wonder if investors ever look back at the calls made by some ot these people and how wrong they have been so many times.
I agree....no one has a crystal ball. No Joe public on these boards know and look how wrong the professionals are as well many times. The market acts too quickly on available information. But the time you are "in the know", it's too late to react. Yeah, you can get lucky. But to get it right consistently or even semi-consistently is just impossible.