Every time the prices of the good stocks are down, it never surprises me to see them pump right back up again, and most times even higher than where they started. We're starting to see this with AAPL and its 3-month trend culminating in a nice little break out now.
One thing's for sure, there is no bear market around Apple. The bears were actually worms, and they slithered out of the scene 3 months ago, and ever since then Apple's strong upward bull market has never looked back.
The hope for a negative turnaround is very high on the bear's side since they all missed the buying opportunity from being so bearish. Most of them sold long calls to Apple and are getting squeezed into apple cider and apple sauce, unfortunately for them, their sludge is turning from brown to black as their reputation for calling the rotten apple spots is surpassed by the reality that this company should never be sold and always be bought especially when it gets bruised. However, since this is the bull market that's trending now, we know it's to our advantage to always buy Apple from those worms on the dips and continue holding strong as it keeps going higher and higher.
I basically wrote this post to be the mirror opposite of @emeka4's latest post. I am just trying to show how the glass can really be half full when looking at the same thing, and how his whole bear market concept could be nothing but a figment of one's own imagination. The market is whatever you want it to be. If you constantly think it's a bear market, say it's a bear market, then your mind is going to figure out a way to folly you to prove you are right, & then that's precisely what you're going to get. lol jk
It is really nice to know about the progress of apple and thanks for sharing.
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