Apple is trying to break that downtrend line 2nd time with rather low volume.
Can it succeed?
I'm looking for opportunity to buy in my 2nd batch.

it's approaching 470.....dunno should wait for few days to see where is the solid ground or time to chase high.
like FB, 1 day can up 27% when investors finally pumping money in.

The major catalyst would be China Mobile deal with cheaper iphone. If that one success, high chance super bull.
Anyway, I agree with you to stay cautious for now. Monitoring closely perhaps. My major concern is actually not Apple, but the overall market as SP500 is now 170x high high.

This post has been edited by yok70: Aug 6 2013, 01:27 AM

Apple bull continues....

if rumor fed may raise rate, market can vomit 20%.

i'm eyeing ibm......still thinking.....

This post has been edited by yok70: Aug 13 2013, 02:09 AM

whole world market bullish. do they really digest QE exit so fast?
do you think this could be the last leg before massive sell down for QE tapering?

500 soon....

congrats!
and i'm holding mine, i invested. plan to top up on correction.

Apple cross 500.
Next target, 800.

I doubt he managed to deal with that long draggy drop. He was so over-optimistic that time, I hope he didn't get loan to buy shares.

dot com bubble must be damn painful!
Now i like apple because it's cheap, cash rich, strong cash flow, still super strong and unique brand even after 2 to 3 years of non-event. When it finally decided to pay back some of its cash to the shareholders, I think it's time to buy.
When it was 700, it's not that cheap if without strong growth, which is uncertain since being attacked by Samsung fiercely.
In fact, my US friend who doesn't concern on Economic news actually have no idea Apple was being attacked by Samsung. He thinks iphone5 was good, he has no desire for a big screen phone.
However, I may sell it if it gets expensive without clear growth path.

This post has been edited by yok70: Aug 15 2013, 01:29 AM

here comes your bloody steak meal.

bond yield keeps shooting upwards. they sell bonds and also sell stocks? maybe they buy gold.

can we see 160?

No, in fact, it beats market expectation. The selling down is more on uncertainty of its restructuring process, as well as doubt on its cloud business facing high competition from Amazon etc., I guess.

I also want to know.
However, I'd rather wait for pullback before adding position. Before any kick ass product announcement, it's all uncertainty on Apple.

Dan your Home Depot continues outperforming. Are you holding the stock for long term?

bull trap or bear trap....tomorrow will know....

yap, it's serious injured lately. quite tempting....

When is the Fed's minute? Waiting neck also long jor.