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Originally Posted by BMW//M
Holy shit apple. Everything is down three percent this thing is up 3. It's $410. Still too high to buy or buy now?
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Much to high to buy ATM. It will drop, do not worry.
Cnbc reporting today that the enticing low p/e ratios of company stocks right now might vanish soon if earnings begin to diminish from the hit of the coming recession. Stocks look cheap now, but when that earnings sheet goes down soon, you're gonna jam yourself in an overpriced stock. Be patient grasshopper. Besides, every ten point spread on aapl has resistance, usually. It's already come down from $410. Be patient. Aapl has Hit $356 levels twice in the last month, and we aren't even in the thick of things ATM.