Apple shares tumble on downgrades from investment banks

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  • Reply 121 of 146
    To g3pro, success, and ouragan,



    You all predicted AAPL going down because of Apple doing this or not doing that, but the fact is that the market went down and took AAPL with it. I don't remember ANY of you saying the entire market was going down



    Did any of you short the stock? I'm thinking no. If you REALLY believed that the stock would go down so much you would all be rich right now. But.........you're not, are you?



    AAPL will be up again. That is the reality of the market, peaks and valleys. It doesn't take three Nostradamus wannabe's to know that
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  • Reply 122 of 146
    Quote:
    Originally Posted by S10 View Post


    No Reagan did start the mess. Reaganomics turned out to be a huge failure.



    Wow, I'd like to read the history books you had in school. Do you know anything about Jimmy Carter?
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  • Reply 123 of 146
    Quote:
    Originally Posted by bugsnw View Post


    We understand jealousy and envy. You don't have to love us. It's fine that you love our economy and our world-class computer companies. You may have heard of one called Apple?



    We also can't help that the world seeks a flight to quality with our treasuries. I mean, we put them out there and Japan and China just can't get enough! It is a free market and countries are free to purchase as they please.



    With a 14 trillion dollar economy that's the most innovative in the world and a stable political system, who can blame them! Why do you think Apple is based here? We are the land of iPods.





    Don't you get it??



    as well as being emotionally, culturally, morally and ethically bankrupt the US is now ACTUALLY bankrupt in a financial sense!



    half the mortgaged homes are owned by the government. That my friend is communism not at all a free market economy.



    stable political system where cheats win elections? Ridiculous murder rates, gun crimes..etc I could go on and on!



    yes we love it alright.



    The US is a shining example to the rest of the world of how not to do it.
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  • Reply 124 of 146
    Quote:
    Originally Posted by zanshin View Post


    With ALL companies share prices tumbling and "economic chaos" rampant around the world, Apple is poised with lots of cash. I expect to see lots of quiet announcements of high-quality software and hardware firms being purchased on the cheap by Apple, giving them even greater leverage to compete more efficiently. My guess is we'll most likely see acquisitions in the pro apps, and chip designers (maybe video boards, too), and system utilities that can be evolved into part of the OS offering.



    [*]The current war in the Middle East was started by Saddam Hussein when he invaded Kuwait. It is now perpetuated by fundamentalist religious zealots seeking to grab regional power and money, and who are fighting the coalition forces who are there to contain them to an area that will limit the chances of physical harm to their own populations.[/LIST]







    ahh..not about the oil then?



    thanks for clearing that up
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  • Reply 125 of 146
    Quote:
    Originally Posted by Archipellago View Post


    Don't you get it??



    as well as being emotionally, culturally, morally and ethically bankrupt the US is now ACTUALLY bankrupt in a financial sense!



    half the mortgaged homes are owned by the government. That my friend is communism not at all a free market economy.



    stable political system where cheats win elections? Ridiculous murder rates, gun crimes..etc I could go on and on!



    Liberal nonsense. If your claim is that half the mortgaged homes in this country are owned by the govt., you are either horrible at math or your tin foil hat is too tight.



    I wouldn't bet against the U.S. So much entrepreneurialism and innovation on this soil. Unlike anywhere else in the world. This is still the land of opportunity. An Apple Inc. could only come from here.
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  • Reply 126 of 146
    Quote:
    Originally Posted by Archipellago View Post


    ahh..not about the oil then?



    thanks for clearing that up



    OF COURSE IT STARTED BECAUSE OF OIL!!! Are you forgetting that's why Saddam invaded Kuwait in the first place? How did you manage to sleep through the part where Saddam ordered his troops to blow up the Kuwaiti oil fields as they retreated, and dumped millions of barrels of their oil into the Persian Gulf? If Saddam couldn't have it, he would destroy it. If all the coalition wanted was oil, they could have taken it from Kuwait, and never set foot inside Iraq.



    Why is Obama whining about why the US debt isn't being paid by Iraq's oil profit surplus if the US-led coalition took all the Iraqi oil for themselves? You should really try to pay attention to world history when it happens instead of just listening to how the candidates spin it when they run for office.
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  • Reply 127 of 146
    Quote:
    Originally Posted by bugsnw View Post


    Liberal nonsense. If your claim is that half the mortgaged homes in this country are owned by the govt., you are either horrible at math or your tin foil hat is too tight.



    Just a few teeny little facts.



    Current government annual deficit (before the current crisis) over $1,000,000,000,000. ("Big Spending" Clinton left the US government in surplus before "Small Spending" Bush took over).



    USA current account deficit is running at over $700,000,000,000 per year.



    Current proposed 1 time bank bailout, ignoring previous bailouts, $2,300 per man woman and child in the USA.



    Current USA population 5% of the world, contribution to the world economy 25%, consumption 35%. The gap is filled with debt.



    USA savings; negative. Whose money are the deadbeat US government and public using?; Japan's and China's.



    Number of US citizens believing in escapist nonsense that they should have, and deserve tax cuts (not pay their bills) an overwhelming majority.



    Inclination by the USA to face up to reality; 0%.



    Quote:
    Originally Posted by bugsnw View Post


    I wouldn't bet against the U.S. So much entrepreneurialism and innovation on this soil. Unlike anywhere else in the world. This is still the land of opportunity. An Apple Inc. could only come from here.



    Unlike anywhere else in the world? Yeah right, looked at China lately?



    Back to looking in the mirror.



    "Wow, look at that rippling six pack hanging over my belt!"
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  • Reply 128 of 146
    backtomacbacktomac Posts: 4,579member
    Quote:
    Originally Posted by gastroboy View Post


    Just a few teeny little facts.



    Current government annual deficit (before the current crisis) over $1,000,000,000,000. ("Big Spending" Clinton left the US government in surplus before "Small Spending" Bush took over).



    USA current account deficit is running at over $700,000,000,000 per year.



    Current proposed 1 time bank bailout, ignoring previous bailouts, $2,300 per man woman and child in the USA.



    Current USA population 5% of the world, contribution to the world economy 25%, consumption 35%. The gap is filled with debt.



    USA savings; negative. Whose money are the deadbeat US government and public using?; Japan's and China's.



    Number of US citizens believing in escapist nonsense that they should have, and deserve tax cuts (not pay their bills) an overwhelming majority.



    Inclination by the USA to face up to reality; 0%.







    Unlike anywhere else in the world? Yeah right, looked at China lately?



    Back to looking in the mirror.



    "Wow, look at that rippling six pack hanging over my belt!"



    Exaggerate much?



    Do you know the budget deficits for Japan, Germany and Italy. How do they compare (as a percentage of GDP) to the USA?



    You make it sound like the USA is the only nation on the earth that has a budget deficit when that couldn't be further from the truth. There are plenty of problems in the USA but let's try to keep things in perspective.
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  • Reply 129 of 146
    MacPromacpro Posts: 19,873member
    Quote:
    Originally Posted by gastroboy View Post


    Just a few teeny little facts.





    Current USA population 5% of the world, contribution to the world economy 25%.




    This one fact if true is pretty amazing! Not bad a for a bunch of Brits only few hundred years ago starting on the other side of the Atlantic.
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  • Reply 130 of 146
    zanshinzanshin Posts: 350member
    Quote:
    Originally Posted by gastroboy View Post


    Current government annual deficit (before the current crisis) over $1,000,000,000,000. ("Big Spending" Clinton left the US government in surplus before "Small Spending" Bush took over).



    The US Govt. financial surplus when Clinton left office was provided by two things: taxes on the explosive popularization of this little phenomenon called the World Wide Web in the mid-90s, and the largest slashing of US military forces and spending since the second World War. Tens of thousands of servicemen and women were suddenly unemployed, and weapons and material support programs were canceled, resulting in a significant downward spiral in employment in the aerospace industries and the communities where they were located. The reduced-size military of today (that the Dems bemoan can't do the job) was a direct result of Carter and Clinton's stupid rush to cut military strength to fund socialist programs even while terrorists were holding Americans hostage, repeatedly bombing US military bases, warships, and embassies around the world, and bombed the World Trade Center twice.



    The web growth of the 90s saw billions of dollars of investment in the IT industry as technology start-ups like Netscape, Amazon, etc. were born. Corporations large and small threw money by the handfuls at vendors to get into the game. Clicks were going to replace bricks in 3 years, they all said in 1995. Millionaires emerged overnight. And taxes on profits and salaries are what created a surplus, not anything the President did.



    You praise Clinton for a "surplus" he had very little to do with other than reducing America's security to the point where terrorists could fly airliners into New York City skyscrapers and the Pentagon.



    Quote:
    Originally Posted by gastroboy View Post


    Current proposed 1 time bank bailout, ignoring previous bailouts, $2,300 per man woman and child in the USA.



    You call me a "bankrupt" American, but I can write a $2,300 check today for my part, and consider it a cheap price to pay to live in the USA. (I'll write a second check for your part if you'll leave, and still consider it a bargain.)



    Quote:
    Originally Posted by gastroboy View Post


    (entrepreneurship and innovation) unlike anywhere else in the world? Yeah right, looked at China lately?



    Yeah, China is exactly the kind of role model I'd expect you to think the planet needs. A socialist government that promised for years to take care of the citizenry it rapes daily. Tens of thousands of infants and children critically ill from being poisoned by dairy industry "entrepreneurs" while the government looks the other way. Rural village farm property sold to corrupt factory owners without ever paying the people who own the land, who are jailed if they protest. Pollution so bad they wouldn't let citizens drive in Beijing for a month before the Olympics, and yet a coal-fired power plant lacking modern pollution control technology is built in China every week. Internet access and free speech controlled through imprisonment and intimidation. Nearly half the "corporations" that exist in China are owned by and pay for the Red Army, the largest standing army on the planet. Young women work in factories 12 hours a day for pennies per hour and then must retire to a company "barracks" behind the plant where they are forced to live.



    Yes, sir -- you sure know how to pick your examples of what America needs to be more like.
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  • Reply 131 of 146
    Clinton presided over a period of unprecedented growth. Bush presided over the opposite.



    Bush was in power for almost a year by the time of the 9/11. What had he done to stop it (when he wasn't off on holidays)? Where is Ossama bin Laden?



    You just spout a load of the usual twisted Neo-Con excuses and blather.



    I did not recommend the Chinese government or system. You claimed America uniquely had "So much entrepreneurialism and innovation on this soil. Unlike anywhere else in the world." I merely provided one obvious example that showed up your one eyed nonsense.



    With your poor education and detachment from any history not served up by Fox News, you seem unaware that China is going through exactly the same development that the USA itself went though in the 19th century, only China is going through its much, much faster.



    Do you have any recollection of being taught about slavery, countless wars, stolen Indian and Mexican land, migrant exploitation (has that stopped yet?), sweatshops fires, riots, labor conflict and stolen intellectual property that was the USA for over 150 years?



    Or was it all George Washington cherry trees and John Wayne riding into the sunset?



    As to the $2300 add another each for your wife and children if you have any. That is just this once, doesn't count the previous "rescues" that weren't and it hasn't stopped yet.



    The USA and all its citizens are heavily in debt and it has all been blown on wasteful consumer self indulgence and one of the all time stupidest, greedy and corrupt Administrations ever.
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  • Reply 132 of 146
    zanshinzanshin Posts: 350member
    Quote:
    Originally Posted by gastroboy View Post


    Clinton presided over ...blah, blah, blah (...a period when the World Trade Center was bombed twice by Islamic terrorists, and he couldn't find Osama bin Laden any more than anyone else has been able to, as if finding him made any difference to the world at large).



    Bush was ...blah, blah, blah... (in office just over 8 months when 9/11 occurred and dealing with the August 2001 tech stock collapse he inherited from my main man Bill Clinton).



    You just ...blather, blather, blather (make me mad cause you're smarter than me).



    I did not ...(ever do anything to improve the world for anyone).



    China is going ...blah, blah, blah ...much, much faster (and at the cost of hundreds of millions of lives as a brutal Communist nation raping its people).[/I]



    The USA and all its citizens are ...blah, blah, blah (all bad because they have things and I don't).



    Yeah, that's what I thought you meant to say.



    You talk just like everyone else with no money and no future, and a hard-on for those of us who live the life you secretly crave but can't afford. Get off your internet soapbox and make an example of your commitment to your ideology by blowing yourself up in third-world marketplace someplace, you twit.
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  • Reply 133 of 146
    Quote:
    Originally Posted by zanshin View Post


    Yeah, that's what I thought you meant to say.



    You talk just like everyone else with no money and no future, and a hard-on for those of us who live the life you secretly crave but can't afford. Get off your internet soapbox and make an example of your commitment to your ideology by blowing yourself up in third-world marketplace someplace, you twit.



    Ooh you got me there!



    Unfortunately for you that will not make the problem go away.
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  • Reply 134 of 146
    jeffdmjeffdm Posts: 12,954member
    Quote:
    Originally Posted by zanshin View Post


    Yeah, that's what I thought you meant to say.



    You talk just like everyone else with no money and no future, and a hard-on for those of us who live the life you secretly crave but can't afford. Get off your internet soapbox and make an example of your commitment to your ideology by blowing yourself up in third-world marketplace someplace, you twit.



    Being right in your mind is no excuse to be so hostile about it and lay in personal insults. If you're right, that should show itself in your argument, being hostile here isn't going to win these discussions.
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  • Reply 135 of 146
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  • Reply 136 of 146
    successsuccess Posts: 1,040member
    Quote:
    Originally Posted by one9deuce View Post


    To g3pro, success, and ouragan,



    You all predicted AAPL going down because of Apple doing this or not doing that, but the fact is that the market went down and took AAPL with it. I don't remember ANY of you saying the entire market was going down



    Did any of you short the stock? I'm thinking no. If you REALLY believed that the stock would go down so much you would all be rich right now. But.........you're not, are you?



    AAPL will be up again. That is the reality of the market, peaks and valleys. It doesn't take three Nostradamus wannabe's to know that



    ummm no. Duh. Obviously I predicted it because of the global economy i.e. election, market manipulation, OPEC cartel, and all other info I use. Who would be an idiot enough to buy or sell based on Apple news? Well apparently you were. Markets are not micro. EVERYTHING is connected. Basing profit on news is for suckers. Yeah you can get lucky one and a while but it's no different than going to a casino.



    And I didn't make a general prediction either. I said exactly $99.00. $100 is the resistance and $93 thereabouts would be a definite sign of a further dramatic drop and cause a massive sell off.
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  • Reply 137 of 146
    successsuccess Posts: 1,040member
    oh wow



    Look what we have here.



    $2.00 away from my prediction at the beginning of the summer of APPL sliding to $99.00.





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  • Reply 138 of 146
    SpamSandwichspamsandwich Posts: 33,407member
    Quote:
    Originally Posted by success View Post


    oh wow



    Look what we have here.



    $2.00 away from my prediction at the beginning of the summer of APPL sliding to $99.00.









    The psychological barrier may be broken today... if it goes under $100, expect it to fall even further. I'm thinking $85 - $90.
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  • Reply 139 of 146
    successsuccess Posts: 1,040member
    Quote:
    Originally Posted by SpamSandwich View Post


    The psychological barrier may be broken today... if it goes under $100, expect it to fall even further. I'm thinking $85 - $90.



    oh jeeze I wonder where you got that insight from.



    Btw, psychological resistance/support is usually broken on odd numbers below or above the line.



    While $100 is a basic support area a more likely support line for bears would be around $93. $97 doesn't cut it as it's too close to $100.



    If it falls through $93 witness instant time travel. It won't be easy to fall through $100. Just have to watch and see.



    EDIT/ADDITION: It's the weekend and it's around $97 after closing etc. As I said above $97 doesn't really mean much. If it manages to hit $93 on Monday Asia it will be interesting. Otherwise it will probably just edge back up. over $100 again. Oooh the anticipation is killing me.
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  • Reply 140 of 146
    It just waved at 93 on the way down. This is going to get ugly. (Uglier?)
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