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I think the key is volume... now we are having a stock market that crashes with unusual level of volumes... when the volume starts to ease off, it should be a sign that the whole thing is settling down.
for those of you that don't know, we actually have a huge dedicated stock market thread, might be a good time to all chime in with input for good buys in the coming days
apple stocks arent really going down at all.
take a look at the 5yr chart. it only dips when the whole economy is in recession.
dips at the end of 2008, and again just this month
gold will continue to climb. who knows how fast, but 2000/oz in the next 6 months would not surprise me. /shrugs
apple stocks arent really going down at all.
take a look at the 5yr chart. it only dips when the whole economy is in recession.
dips at the end of 2008, and again just this month
gold will continue to climb. who knows how fast, but 2000/oz in the next 6 months would not surprise me. /shrugs
And you buy at the dips. Apples 52 week high is $404.50. Right now it's $353.21. I don't think it's on a permanent slide. Exxon is also down $18 from it's 52 week high. Both solid companies.
__________________ Until the lions have their own historians, the history of the hunt will always glorify the hunter.
^^
I have to disagree. you can't wait for a recession every time you buy a stock.
You can't but following the crowd is never a good idea. Everyone is now buying gold and most have no idea of what they are doing and that's never good. Apple stock price is up $20 from yesterday.
__________________ Until the lions have their own historians, the history of the hunt will always glorify the hunter.
This discussion kind of reminds me of a conversation by goth kids.
"I'm a non-conformist."
"Yeah, well I'm more nonconformist than you!"
"I'm so nonconformist, I'm gonna conform."
The issue with stock investing is doing what everyone else does, but doing it before anyone else realizes it's a good idea. This often means acting without full or even sufficient information (unless you are a professional investor) and hoping that it works out. Don't buy stocks because they're cheap. Buy them because they will perform well in the future relative to what you are paying for them. And if you're planning on selling them in order to cash in, make sure that you're gonna have a wide window for sales.
All I here is people on TV saying buy gold!!! buy gold!!! buy gold!!!
In the 90's everyone was saying Tech!!! Tech!!! Tech!!!
Give me one good reason why Apple stocks are going down in price when they are making huge profits?
How high do you thing gold prices will go? Sooner or later it will have to stop going up because people will just not be able to afford it.
theres something called fundamentals. sometimes share prices are high for a reason, as long as it has good fundamentals and growth, the stock can continue to go up.
If you were to buy Google when it came out at $100/share, it climbed to $200. you doubled your money, you sold it to some other guy who bought it at $200, the stock kept going up to $700before it started to drop. . ., if he sold it then, he would have made much money money than you.
Theres also examples of a people buying a certain stock because they thought the price was "low" or the stock was "cheap". sometimes the stock prices are low for a reason. and these companies stock kept going lower and lower.
You don't buy low, sell high.
you buy stocks to sell at a higher price - or their dividends.
low and high is all relative and subjective. one can say you can buy high, sell higher. the person that sold google at $200 may think it was high, but the person who bought google at $200 might have said it was "cheap".
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