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Nebuchadnezzar

05/08/18 8:08 PM

#42282 RE: susan5 #42277

bc when the market does fall, AAPL might fall less ply my avg cost is $115. I talked a lot of **** about AAPL and remember when it fell to $90's?? that's where I added. how old are you Susan5? do you understand anything about interest rates, a 9 year bull market, rising inflation, rising DOLLAR index,rising oil, rising costs,rising wages,lower margins tariffs, trade issues, rising debt and even or some rising cash positions among retail investors and some big money managing funds? all I have been saying is that big changes are coming to equities over the next 6-12 months

do u remember when interests rates were as high as 15-17%?
do you remember when interest rates were stuck around 4-5% for most of the 90's?

yes, this is 2018 and the world is different and there are more and more people each day, but there are big big issues facing many countries. I live in CA, the 5th largest economy in the world and this state is in serious trouble, if CA rolls over, the ripple effects will be felt around the country and that is just another factor. I personally am seriously thinking about leaving CA because its becoming a fucking joke and the state could go bankrupt someday but anyways, FB is a trade at best for now as I do think the stock is currently overvalued based on the costs that will be coming down the pipe. if I am wrong, I still win because I have many positions in many different names that I have owned since 2009, 2010 and 2011. I am talking about putting new money to work now and its not going to end well.