Wish me luck!
Tried to tell everyone.
Ya it should not have been a big deal to simply slip down a little bit more and hit the trend line but it was just impossible. Just too many people lined up at every level buying. Pathetic. I am now long.
And there is plenty of stupid people just waiting to buy the stock.
How blind and dumb can people be.
Almost everyone in America owns Apple and everyone thinks it is going up. Everyone. Its a brainwash propaganda stock. There is nothing you can say that will convince anyone that the stock will go down. No one is selling there shares. Its almost impossible for the stock to go down. No one is buying it but that does not matter because no one who owns the stock would even consider selling it for a second. Obviously funds are not selling either because volume is so light that the stock would crash if a single fund dumped even a small amount of the 5 billion shares. Everyone is standing firm. And all it takes is for a hedge fund to buy all these dips and it will stabilize the chart and prevent a sell off. When will it end. A day will be picked that only the hedge fund managers will know. They will plan it all out and buy over the counter puts and they will manipulate the stock in the days before the crash to make it look like the stock is going to go up. Then at an exact moment of there choosing they will crash the stock and make a pile of money. No one else will make money except for them.
They have a run away stock-market that they cant stop in more than one way. They cant raise rates because main-street still needs easy money. But if they don't raise rates the stock-market will keep forming a bigger bubble. Part of the wealth of people on main-street, pensions, and peoples savings is the stock-market so when it pops both the economy and the stock-market will suffer. And all the money they intended to go to main-street has gone to the stock-market.
Just because its a triple top they know if we go down it will be a long time before Apple goes up again. But they will run out of money soon.
I have no idea.
And there is no announcement by AEA
Did they really say that? I will have to get my cable hooked back up.