MarketWatch blog says Apple to $1000 in five years? http://blogs.marketwatch.com/cody/2010/09/06/apples-going-to-1000-by-2015-heres-why/
Apple is worth 10x what dell is an I think is the most valuable tech company. Pretty good for a company people thought were dead 13 years ago. However I think tech is just cyclical beast. What was hot last year is just junk a few years from now. We all know the story of the mac.
AAPL Close Last Trade: 283.23 Market Cap: 258.75B DELL Close Last Trade: 12.67 Market Cap: 24.64B Are you suggesting DELL - AAPL as a Long - Short trade since AAPL closed over 20X higher than DELL today? That is quite far from the <i>10X</i> relationship that you suggested. Are you thinking of Market Cap relationships with the <i>10X</i> part? Then the 258 billion (AAPL) versus 24 billion (DELL) is quite close to the <i>10X</i> relationship that you suggested.
Only due to the depreciation of the dollar I would think. They are facing more and more competition from other companies.
A bit early on this call, my apologies. Fall equinox tonight may be a better indicator of a turning point.(Check out what happened on Summer solstice) BTW everything is setup for me that caused the delay so I should have a thread up this week re: trading education and market analysis. One question for you guys that are interested, which are you more interested in between the education(talking about different indicators and setups) and market analysis. I was thinking of doing a thread purely on teaching trading techniques, rather than clutter it with analysis on current market technicals. Thoughts?
Doesn't analysis of technicals come before the technique part and don't they sorta go hand in hand (i.e. need to know both to succeed)? I'm so undereducated about technical trading that I can't even answer your question lol
we should form a meeting group for market analysis and stocks, where we meet once or twice a month at a centralize community college like HCC on 59/610.....PM me your contact info if you are interested.....who in here are the experts?
The market changes wildly from day to day. Not sure how a monthly meeting would be beneficial. A thread like this would be superb. People can post instantly.
I would prefer to see the current analysis of the markets while using the indicators. I'm not sure if I speak for myself but I've read up a lot on the indicators and having been making some of my own analysis and I'm right about 50% of the time and I'd like to hone my skill to be a bit more accurate. There's tons of info out there on the fundamentals of technical indicators, so I would prefer to hear expert advice on the application of those indicators, rather the indicators themselves which we could learn on our own. If need be, we can help each other out with the fundamentals, because that's the easy part. The application is the hard part. My 2 cents.
Yes they do go hand in hand but that isn't what I meant. I want to: 1. Lay out some general trading technique, and the application of some technical indicators. Also my general trading philosophy, for whoever is interested. 2. Analyze current market technicals, projections, and a plan to trade them. I don't want the two separate things to clutter up a thread, a new reader having to weed through the pages of current analysis to find educational posts. Mango has offered to attempt to archive the useful educational posts to isolate them. We will try that format out for now until things get too messy.
Okay, I'll try to do that. Like you have noticed, it really isn't about the indicators themselves. Indicators are a dime a dozen. It is about their application and the technique in using them. There are no indicators that tell the future. Besides the stars.
I bought shares of OPEN back in May for $43.00. I sold them today for $67.00.... I have been hearing alot lately that OPEN stock has been extremely over valued...just thought I should get out before it goes down... Anyone have thoughts about that?
well they have a 175 trailing p/e ratio and a 77 forward p/e. nice little business that is growing insanely fast, but stupidly overvalued.
i was really hoping we'd gap down today but we didn't. i really wanted to buy the gap down if that happened....but it didn't.
I hate myself for selling Netflix back when it was $98. I thought a run-up of 100% that quick couldn't sustain. Oh well, at least I still have VMW.
