Morning all .
While many fund managers have been Apple crazy buying the stock at any price, the few that are smart enough actually sold out of the stock.
Most of the time you tend to see the public buying at the top but it looks like this time it was stupid fund managers who think the stock will be $1000 by June and when there is a hick up there on the media talking the stock up so they don't look like fools.
I've been warning for a while now that Apple isn't all its cranked up to be..
Sure great product but look beyond the fluff and its just another company.
Which has taken short cuts to get its product to market and now will face serious public backlash.
I have been caught twice shorting the stock and have taken my medicine but the 3rd time I have nailed it and happy to have done so.
Lets look at the market.
At the present time the market seems to be stuck between potential good earning and trouble in Europe.
Which one is more powerful at the present time I would have to say the trouble in Europe so much so that they are going to the US to beg for dollars.
If anyone is smart enough they should let them go back to Europe empty handed and sort there own issues out.
So the market could fall this week Mon-Wednesday, then expect to see some sort of bounce before another fall comes along.
For the Students of Financial astrology we have the Sun moving into Taurus... watch the metals and oil over the next 14days from Thursday
Cheers
While many fund managers have been Apple crazy buying the stock at any price, the few that are smart enough actually sold out of the stock.
Most of the time you tend to see the public buying at the top but it looks like this time it was stupid fund managers who think the stock will be $1000 by June and when there is a hick up there on the media talking the stock up so they don't look like fools.
I've been warning for a while now that Apple isn't all its cranked up to be..
Sure great product but look beyond the fluff and its just another company.
Which has taken short cuts to get its product to market and now will face serious public backlash.
I have been caught twice shorting the stock and have taken my medicine but the 3rd time I have nailed it and happy to have done so.
Lets look at the market.
At the present time the market seems to be stuck between potential good earning and trouble in Europe.
Which one is more powerful at the present time I would have to say the trouble in Europe so much so that they are going to the US to beg for dollars.
If anyone is smart enough they should let them go back to Europe empty handed and sort there own issues out.
So the market could fall this week Mon-Wednesday, then expect to see some sort of bounce before another fall comes along.
For the Students of Financial astrology we have the Sun moving into Taurus... watch the metals and oil over the next 14days from Thursday
Cheers
