You are talking about GDP, or how much US produces in a year. According to wiki, it already reached 14.6 Trillion in 2006. Lets assume that in 2007 GDP grew at 4% and in 2008 GDP will grow at 2%, the expected US GDP for 2008 will be close to $15.5 Trillion.
I am not talking about the GDP. I am talking about the total size of the financial markets in the US.
According to reuters on Jan 15 2008, I was a little off, US financial markets totaled $56 Trillion. But given the recent hair cuts, my 40 trillion estimate is about right. This number includes the derivatives market such as Options, Futures, ETFs, Commodities, etc, and therefore is much larger than the GDP which is one year's worth of a country's output. 161 Billion dollars as a percentage of that is a drop in a bucket.(As I have said, a thank you note)
Unless an unlocked 3G iphone comes out in 2 months, I see AAPL trading at $110 strike price by March.
Fasten your seatbelts, or prepare to double down at that price I guess. The proper way if you are LONG AAPL is to write in the money calls(5 dollars below) or at the money calls every month for the next 2-3 months to get some cash out of your long position.
As long as you can hold on in the short term, I really don't think it's a major problem.
I wouldn't be that blase about it. AAPL will eventually bounce back to $200, but no one knows exactly how long it'll take... could well be a very long time.
Seeking Alpha has an article about this (citing AppleInsider for the breaking the story). Looks like they are trying to get the full text of the message and will post it on this page:
He mentions Google yet uses the Yahoo finance charts. So balanced. Is Yahoo still the best for free finance info?...
I regularly use Yahoo for Finance stuff, especially UK, Asia stocks and especially, currency. In perspective, Google Finance has not been impressive, as much as I like it for almost everything else.
It's not just the color, the texture is different too. I don't know if that makes much difference, but I do like that texture.
Quote:
Originally Posted by TBaggins
I don't pay that kind of additional money for texture. ...
TBaggins, you've obviously never really owned a Black MacBook? In the sub-15" laptop range, I'd say it is the pinnacle of portable computing design of the past 10 years.
The texture plays a *huge* role in the awesomeness of the Black MacBook.
In the 15" range, of course, the Titanium PowerBook G4. Tres sex.
Comments
http://en.wikipedia.org/wiki/List_of...y_GDP_(nominal)
You are talking about GDP, or how much US produces in a year. According to wiki, it already reached 14.6 Trillion in 2006. Lets assume that in 2007 GDP grew at 4% and in 2008 GDP will grow at 2%, the expected US GDP for 2008 will be close to $15.5 Trillion.
I am not talking about the GDP. I am talking about the total size of the financial markets in the US.
http://uk.reuters.com/article/market...54979120080115
According to reuters on Jan 15 2008, I was a little off, US financial markets totaled $56 Trillion. But given the recent hair cuts, my 40 trillion estimate is about right. This number includes the derivatives market such as Options, Futures, ETFs, Commodities, etc, and therefore is much larger than the GDP which is one year's worth of a country's output. 161 Billion dollars as a percentage of that is a drop in a bucket.(As I have said, a thank you note)
Unless an unlocked 3G iphone comes out in 2 months, I see AAPL trading at $110 strike price by March.
Fasten your seatbelts, or prepare to double down at that price I guess. The proper way if you are LONG AAPL is to write in the money calls(5 dollars below) or at the money calls every month for the next 2-3 months to get some cash out of your long position.
Last post of the day, before I go off to bed.
Unless an unlocked 3G iphone comes out in 2 months, I see AAPL trading at $110 strike price by March.
Unfortunately, I don't see a 3G iPhone coming out 'til late calendar Q2 (June) at the earliest.
So yeah, those of us holding Apple stock (like moi) may be screwed in the short term.
.
Unfortunately, I don't see a 3G iPhone coming out 'til late calendar Q2 (June) at the earliest.
I think that's pretty realistic. Apple usually doesn't do major feature updates on its portable devices more than once a year.
So yeah, those of us holding Apple stock (like moi) may be screwed in the short term.
As long as you can hold on in the short term, I really don't think it's a major problem.
I guess this short California rule is going to play well for another quarter or so.
As long as you can hold on in the short term, I really don't think it's a major problem.
I wouldn't be that blase about it. AAPL will eventually bounce back to $200, but no one knows exactly how long it'll take... could well be a very long time.
.
http://seekingalpha.com/article/6209...-hang-in-there
Think they'll get it?
He mentions Google yet uses the Yahoo finance charts. So balanced. Is Yahoo still the best for free finance info?...
I regularly use Yahoo for Finance stuff, especially UK, Asia stocks and especially, currency. In perspective, Google Finance has not been impressive, as much as I like it for almost everything else.
It's not just the color, the texture is different too. I don't know if that makes much difference, but I do like that texture.
I don't pay that kind of additional money for texture.
TBaggins, you've obviously never really owned a Black MacBook? In the sub-15" laptop range, I'd say it is the pinnacle of portable computing design of the past 10 years.
The texture plays a *huge* role in the awesomeness of the Black MacBook.
In the 15" range, of course, the Titanium PowerBook G4. Tres sex.