who sold their aapl when it was in the 90's
street_muzik
3,919 Posts
121.19 batches!!!!Hope you held out. I'd be kicking my own ass right now. 
It's gonna keep going up, I know it.
It's gonna keep going up, I know it.
Comments
Are you saying old apple computers are worth money?
Please tell me I missunderstood that!
Wish I had some of my own monopoly money to play with...
Of course, she left when we moved down to L.A. for my job.
Why must I cry?
Wow, so the wifey who does not even want a ring... quit her job... with APPLE... so you could... move to LONG BEACH??? And teach???
That's some real dedication man!
And the husband wanted to drink the Kool-Aid when it hit the 90s, but the wife advised him to hold his damn horses.
Wasn't the "push back" a hoax?
I'm chilling with Bershire Hathaway Stock.
My grandpa was college buddy's with Warren Buffet.
I would think an owner of Berkshire Hathaway would at least know how to spell it.
fnsr
psshhh on your class B stock. You only got that 1/200th of a voting right.
from wiki:
Because all the folks watching aapl, wishing they had bought when it was low, or kicking themselves for selling at $90 will buy hella shares once it splits and share prices drop significantly from c.$140 to a much more affordable price. A buying frenzy will ensue and that's good for investors.
So when it splits get yours.
aapl has been a consistently reliable stock (read: low risk) for awhile now and investors know it.
I would just like to publicly acknowledge this post.
Is that cool?
hey, i mean you can't go wrong booking some money, but i'll be honest ... all of us are pretty awestruck by what stocks have been up to. it's some completely parabolic shit, although they're starting to show some weakness due to higher interest rates - some of the enthusiasm was predicated on low rates and expected rate cuts, which is going away with a quickness. treasuries were in the vicinity of 4.50 and are making a b-line to 5% (close today around 4.95) .. i know that doesn't sound like shit to a lot of people but that's a seismic shift. it means that the liquidity spigot might get tightened up a little bit. bigger picture, everything is chugging along, especially with europe looking so strong and the emerging markets killing it in spite of the recent developments in china. objectively there isn't much reason to "pick the top" and blaze out of your stocks right now because the charts are still intact and you're not seeing big reactions to the downside yet - ordinarily stocks would have been going great guns on a day like today if not for the bond market, but the change on the day was pretty negligible and nothing to worry about if you're bullish ... it could have been better, sure, but when take a step back the economic data is bearing out the enthusiasm to a degree. it's a matter of balancing out the capital flows such that the markets catch up to each other, so to speak. i'm not sure if i'd be aggressively ramping up the portfolio size just yet or hitting bids to get out ... but i'd keep a close eye on non-domestic markets to give the first wink of when it might be time to take cover. put it this way - if your cost basis is shaky (ie. initiated positions within the last 2-4 months) and some exogenous shit starts to drag the US down i wouldn't try to be a cowboy. looking long-term, though, you've got to think that with growth going the way it is and inflation staying steady the bigger picture isn't going to change without some serious shit going down. right now it's a buy and hold kind of environment.