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Apple Stock Reversal Coming Soon!

post #1 of 4
Thread Starter 

By my calculations most of the technical selling due to the change in tax rates has occurred.  At most, investors will only have to wait another few days before a major reversal will take the stock substantially higher.

post #2 of 4

And down over $15 today. How's that prediction working out?

 

I can't believe how cheap AAPL is now. I bought a bunch at $679 a couple months ago. P/E is now less than 12! Is this an end of the year profit taking & sell off?

post #3 of 4
Quote:
Originally Posted by jasenj1 View Post

... Is this an end of the year profit taking & sell off?

 

 

Yes.

From out there on the moon, international politics look so petty. You want to grab a politician by the scruff of the neck and drag him a quarter of a million miles out and say, "Look at that!" -...
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From out there on the moon, international politics look so petty. You want to grab a politician by the scruff of the neck and drag him a quarter of a million miles out and say, "Look at that!" -...
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post #4 of 4
Thread Starter 

the technical selling may continue til the end of the year but I am hoping that Friday of next week will be the last before a Santa Clause rally.  When a rally in Apple does occur it might be fast and furious.

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