be more honest and tell the truth
apple is deader than dead next qtr... that's why everyone is getting out
apple next support is 105.00
final battle is 100.00
break 100.00 back to 75.00 again or ( 525.00 )
They said most of the millionaire in China are around mid 30s to 40s.. these are the people that buys apple iphone
They just got wiped out in the China Stock Market.. to make things worst the chinese government froze all their assets.... won't allow them to sell any of their stocks
Who's going to buy apple iphone 6 ?? or iwatch ??
The earnings you got recently is mediocre earnings and weak revenue.. and doesn't even include the latest china stock market crash which wiped out over $3 trillion
There's 90 million stock accounts in China... and these are the people that buys ferrari, LV bags, apple i-phone 6s, and etc.,, these guys just got wiped out in the china stock market
Do you think they going to buy more apple products or less ? most likely less
It's pretty much guaranteed that the next apple earnings going to zuck the bag... a really bad quarter
watch for the next support at 105.00 and the final battle at 100.00
100.00 breaks ... back to 75.77 ( 530.39 )
Apple topped out at 134.54 ( 941.78 )
next support is 105.00
When you got every single analyst on Wall St upgrading apple to a buy when the stock price went over $130.00 and tons and tons of people loading up apple calls this year well above the $130 level... u know this is the end ... it looks exactly like the topping out of 2012 $700.00
It's not likely apple heading back to 134.54 ( $941.78 ) this year or next year...
The only thing you can hope for now is that apple can hold the next support 105.00
It's critical apple hold the next support level.. that is 105.00
if 105.00 breaks down... it's down to close distance 100.00
break below 100.00 = game over... it means apple heading back to 75.00
do some math... US gov't doesn't have enough money to pay higher interest rate.. that's pure facts
I already know what the fat cow can do with interest rate
USD was very strong during the Clinton Administration due to manageable debt and high interest rate... that's when Gold was under $500 oz
Bush Administration + Obama Admistration ( the worst in history ) added huge amount of debt ... causing the Country to go down the toilet and wiping out most of the middle class americans. The Elite Class got super rich... all the middle class are now DIRT POOR ... some are making less than $25,000 a year
I could tell you right now, those wishing for a massive rate hike in 2015 simply not going to get it... those wishing for gold to crash to $1000... or $800 are simply living in a PIPE DREAM
face the reality... the US government is Bankrupt ... comparing 1980 to 2014 gold makes you look like a fool
The Fed cannot unwind all the Treasury that they bought .. rates goes up .. those treasury going to drop like a rock , that's like flushing money down the toilet in $trillions
Once again those wishing for a gold crash are living in a PIPE DREAM ... $1000 gold .. $800 gold, these are all PIPE DREAM
Now you know that fat cow cannot do a 1980 style rate hike next year ... what should you be doing ?
The FED cannot do the exact same rate hike that they did in 1980, 1981, 1982... in 2015, 2016, 2017
The reason is very simple, the amount of debt US have back then in 1980 is puny compare to what you looking at now in 2014.
In 1980 , US debt level is about $900 Billion and 10 Year Treasury Rate was about 10.80% ( even high interest rate.. it's still consider low debt payment.. less than $100 B
Today 2014, US national debt close to hitting $18 TRILLION.. a 10 yr note paying about a fluctuating 2.6%
If the FED do a 1980 style rate hike in 2015, you going to be looking at the 10 Year Treasury Rate paying you 5%.... that's $900 BILLION ( USA doesn't have that kind of money )
Back in 1980... when the FED start hiking rates like a madman..
10 yr Treasury Rate for 1980 = 10.80%
1980 = 10.80%
1981 = 12.57%
1982 = 14.59% ... 14.59% is fine, because US have small debt back in the 80s
Today with $18 Trillion national debt.. a 5% rate will cause a DEPRESSION and bankrupt USA
BOTTOMLINE... those wishing for a Gold meltdown based on possible interest rate hike in 2015.. those wishing for gold to crash to $1000... $800.... are basically living in a PIPE DREAM
when a country is full of debt .. drowning in debt and they know in order to keep the game going ... they have to sell more debt to the suckers out to buy more time and keep the sucker game going..
how a country can stays on top without faltering
one way is to keep selling more debt ( this scheme is coming to an end within 5-7 yrs )
another way is to go to War and kill your nemesis that wants to put you out of business
third way... is to create more fake money
Bitcoins is nothing but a scam, digital fake money that's created from thin air .. the creation of these fake money is even easier than the other fake digital money like the USD. China already banned Bitcoin usage long time ago.. only the Western Countries are letting these fake money thrive, expand and being accepted as if it's Real Money of some sort.... and adopted it as another form of payment.
Why ? because Wall St. Mastercard/ Visa.. and other moneychangers gets a cut out of it..
Yes, they make money off Bitcoins when people exchange their money for these Bitcoins
don't believe in all the sheet you hear from the US media that it's very hard to get bitcoins, and #$%$ like it takes a lot of time and money to mine these precious bitcoins... only a #$%$ for brain person will believe that... there's tons and tons and tons of bitcoins out there, anything that's computer related can be created with a snack of a finger... once every countries accept these fake money like bitcoins and you see every single stores and online stores accepting it payment........... the next step i see......... the US gov't using bitcoins to pay gov't employees, paying your pension with these bogus money, and etc.,,
Yes, $500 Billion of bitcoins ,,, $2 trillion bitcoins created out of thin air
Whether you like it or not ,,,, it's going to be regarded as money ,,
Did you know Provident Metals now accepting Bitcoins as payment ??
Yes, it's turning into a joke... the guy that sells Gold & Silver to all the people that believes in gold & silver as real money or a safehaven for doom & gloom... now accepts fake digital cripto bogus money
i'm telling you guys the truth
be very careful going long from here, you could easily end up holding the bag from here for a long long time
There's nothing to spark any fire on Sept 9.. the street expecting 2 version of larger screen smartphone and a i-watch.
Let me see Apple is doing catch up with SAMSUNG
While everyone around the world already got a bigger screen Samsung Smartphone... what makes you think people is going to rush out and buy a bigger screen apple smartphone ?? larger screen phone are saturated, there's nothing special about it anymore.... that's why samsung are moving into a new era of smartphone .... the newest note 4 going to be a curvy screen phone and able to take panoramic pictures and etc., NOW THAT'S REFRESHING !! on top of that samsung going to lure you in by offering you something that you have never seen before A VIRTUAL 3-D HEADSET that lets you read your text or watch a movie as if you were in a saturday night big screen movie theatre. .. and a totally new gaming experience using oculus technology and this is only the beginning. ( How in the world can apple top that next week Sept 9 ? )
NEW big curvy screen smartphone.. the screen size is already bigger than apple new iphone
NEW virtual 3-D headset ... already put out the fire of apple hype next week and already stole the thunder of google pervert glasses
NEW samsung i-watch
moving into something that's already saturated and losing is fad appeal like a bigger screen apple iphone
USE SOME COMMON SENSE apple sharholders, you got tricked by Fraud St. and bought into the hype of the new bigger screen iphone and unprofitable i-watch
Another thing you should worry about is the coming $billion lawsuits on apple i-cloud failure .. security breach at its worst
If apple is dealing with 1 hack , the stock should do fine.... but you looking at over 100 celebrities that got hacked trusting apple i-cloud.
even the best lawyer in town will need a miracle to defend this case
there's a good case for lawsuits and most likely apple is going to lose
you not dealing with 1 famous celebrity that got hacked trusting apple icloud.. you dealing with over 100 celebrities
not just jennifer lawrence.. i heard there's over 100 celebrities got hacked trusting apple icloud
apple is in deep sheet