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13 Feb 17 16:50
Date Joined: 02 Jun 03
| Topic/replies: 4,862 | Blogger: Gin's blog explain to us why AAPL is going to go down in price and when! Laugh

Apple Inc.'s stock surged 1.1% into record territory in morning trade Monday, after an upbeat note from Goldman Sachs pushed the stock toward a 22-month high. The stock was changing hands at $133.55 in recent trade, which is above the Feb. 23, 2015 record close of $133.00. The all-time intraday high of $134.54 was reached on April 28, 2015. The stock's rally comes after Goldman Sachs raised its stock price target to $150 from $133, citing optimism over major features to be introduced in the new iPhones. The stock's point gain of $1.44 was adding about 10 points to the Dow Jones Industrial Average DJIA, +0.64% which was up 100 points. The stock has now run up 10% since reporting fiscal first-quarter results after the Jan. 31 close. It has soared 23% over the past three months, while the Dow has gained 8.1%.
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Report unitedbiscuits February 20, 2017 7:37 PM GMT
Yes Gin, Menelaus did have a blind spot over AAPL.
For all he was infuriating, he stood by his word and paid a substantial amount to the charity SANE four years ago after a spat about AAPL between him and me.
As I have been saying since June 23rd, Get all your money out of the UK.
Still not too late.
Report bobby2424 March 21, 2017 5:46 PM GMT
Get all your money out of the UK? and put it where? in what currency?...
Report unitedbiscuits March 22, 2017 12:10 PM GMT
My preference is US Nasdaq stocks, the household names -
Report Gin March 22, 2017 3:01 PM GMT
Each to their own UB (and I certainly don’t profess to be any great financial forecaster)  but if I wanted to get my money out of the UK (and for the record – I don’t), then I wouldn’t swap it for an already historically high value US Dollar and then invest it in an already historically high market like the Nasdaq.

Just my opinion............Happy
Report Gin March 22, 2017 3:02 PM GMT
Assuming you are talking about at least a medium term horizon.
Report unitedbiscuits March 22, 2017 8:06 PM GMT
Yes. No one knows for sure. Although, I think Menalaus had a similarly cautious view five years ago.
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