Friday, May 25, 2012 11:07:03 AM
I don't trust the 'Professional Analysts' they don't look after us little guys, they look after each other. So why trust what they say about Apple? They make money no matter what happens. Faceplant is a great example of why you can't trust them...
They can say "Apple will hit $850 this year" but what they don't tell you is that they expect it to make a significant drop before then. Why? They make money both ways and in the end it's us little guys that may lose the money. What people forget who have their hard earned money in this is that you can't look at this as a 'safe haven' it will go through swings just like any other company.
What is most important when trading? The ROI or PERCENTAGE GAINS/LOSS. Gaps filling are not always certain, TRUE. But why is it hard for people to imagine a 25% drop? It's very possible and if it happens the gap will be filled. Stocks move that quick in a day in these markets.
I would encourage to learn a few things about technical analysis that would help give you a better idea of why indicators are looking bear here. You can learn a lot from stockcharts.com and just by googling 'technical analysis 101'
Hope this helps
Everything I post is IMO. Trade at your own risk and good luck moving forward!
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