So your stock broker tells you Apple stock looks bleak? I suppose Apple is beleaguered too. <br><br>I'm hanging on to my shares. If you're desperate for money then sure, go ahead and sell. Otherwise, hang on for the ride.<br><br>
he didn't tell me apple stock looks bleak. i probably didn't write that sentence well -- he says he doesn't tell people to sell unless the outlook is bleak, but in my case he is going to suggest i sell because of the great run i've had, which he rarely gets to tell people (maybe i need another advisor if i am rare exception and he played no role ). he doesn't expect apple to drop in price; he merely says that it's gone up incredibly fast and that there might be some correction and that he wouldn't be surprised to see it underperform and stay in the $80s for the next year. you know, as expectations rise then even a successful quarter for apple could fail to meet expectations -- a nice run for apple could still result in a lower stock price. that's hardly bleak for apple, but it's certainly not what a stockholder would want and that was his point. plus, i was already thinking that it's time to stop loving apple stock and leave apple stock as a winner. i can still love apple. <br><br>gary, i was thinking i'd keep the original $4,000 in apple for the long haul and just shift the winnings. i have until 11:00 AM today to make any changes to my order, but i am not inclined. i am thinking of Vanguard Explorer or something along these lines so that i can sit back and forget about it. this is an IRA and you don't typically change allocations and buy/sell with an IRA, i don't think. but, i've never had one, so what do i know? on the other hand, i am spending the next hour looking for that next undervalued company/stock. heh heh.<br><br>--<br>"I am mindful that diversity is one of the strengths of the country" --president bush on 9/27/05
okay, now i am trying to find an adult entertainment stock or a gambling stock to sink the extra $$$ in. my wife just rolled her eyes when i told her . . . of course, this IRA is in her name. <br><br>--<br>"I am mindful that diversity is one of the strengths of the country" --president bush on 9/27/05
adult entertainment. that is so 20 minutes ago. now i am looking at india and china. i wanted to explore some internet related stocks in those countries, but the more i read, the more i realize that google is going to win in those foreign markets. and, google is way to expensive for my tastes. hmmm. okay, forget that. that's so 1 minute ago.<br><br>yahoo perhaps? then again, i noticed that rupert murdoch purchased myspace.com last year and is going to position it to compete with yahoo. i think i'll invest in News Corporation and then i won't hate fox news so much. <br><br>--<br>"I am mindful that diversity is one of the strengths of the country" --president bush on 9/27/05
Keeping an eye on any Chinese industrial development might be a very good thing. I haven't checked whether or not it's publicly owned, but the auto manufacturer, Geely, is poised to make a big "splash" in North America. IF their products catch on (apparently priced quite low while maintaining quality) and IF shares are/become available, it's certainly worth watching.<br><br>I also predict General Motors will see a robust return to dominance after its recent fall. The impending need for alternative fuel/fuel efficient vehicles in North America will be a boon to whichever of the "big three" latch on first and commit substantial funds to R&D. GM would be wise to "think different" and become a leader in "locally" produced, new era automobiles. I think this is the only way GM will get out of its rut.<br><br>- alec
<blockquote><font size=1>In reply to:</font><hr><p>i am thinking of Vanguard Explorer or something along these lines so that i can sit back and forget about it.<p><hr></blockquote><p><br>Not a bad choice for someone your age.<br><br>Old farts, the hidden caulk of civilization. Jim Atkinson
_________________________ Old farts, the hidden caulk of civilization. Jim Atkinson
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