02-10-2006, 08:27 PM
Early this morning would have been good.
If you were lucky enough to sell AAPL at 80, you're the MAN.
I bought AAPL on a dip, when it hit 45 (after being up around 50) then watched it climb steadily all the way to 85, then it started sliding. I didn't withdraw when it hit 75, 70, or even 65. (in retrospect, I probably should have, since I've cashed out other stocks to collect profits) but since my stake is a small, hobby-sized one (less than a thousand dollars) it's no great win or loss either way, just a token to give me a reason to follow the share prices.
Now I hope irrational exuberance over the early introduction of the first Intel Macs has shaken out, and the irrational fear about the Intel transition has stabilized (I believe it was built in, but Bears don't see it that way) so that the bullish can restore APPL value to a more buoyant position.
There's been a lot of conflicting good news/rumors and bad news all mixed together, so it's hard to follow how the market is responding to day-to-day concerns. I DID consider buying MORE stock, once it got down to the mid 60s.
But it's still too unpredictable. I didn't fold, didn't raise, just standing pat for now.
If you were lucky enough to sell AAPL at 80, you're the MAN.
I bought AAPL on a dip, when it hit 45 (after being up around 50) then watched it climb steadily all the way to 85, then it started sliding. I didn't withdraw when it hit 75, 70, or even 65. (in retrospect, I probably should have, since I've cashed out other stocks to collect profits) but since my stake is a small, hobby-sized one (less than a thousand dollars) it's no great win or loss either way, just a token to give me a reason to follow the share prices.
Now I hope irrational exuberance over the early introduction of the first Intel Macs has shaken out, and the irrational fear about the Intel transition has stabilized (I believe it was built in, but Bears don't see it that way) so that the bullish can restore APPL value to a more buoyant position.
There's been a lot of conflicting good news/rumors and bad news all mixed together, so it's hard to follow how the market is responding to day-to-day concerns. I DID consider buying MORE stock, once it got down to the mid 60s.
But it's still too unpredictable. I didn't fold, didn't raise, just standing pat for now.