Winners and Losers in Today's Market [View article]
Seems like this article is turning into an apple rant. The commentaries above remind me of 1999. Back then, the consensus was the the NASDAQ could only go up and internet companies were the new economy with every improving earnings. A year later the NASDAQ crashed. I have been looking back at some of the pictures of last year when HUGE crowds were pushing in front of apple stores to get inside and buy. To me, it was the first obvious sign of a bubble. Needless to say, a year later and apple stock tanked.
Yes, I do like apple products but not their stock.
Winners and Losers in Today's Market [View article]
The commentaries above remind me of 1999. Back then, the consensus was the the NASDAQ could only go up and internet companies were the new economy with every improving earnings. A year later the NASDAQ crashed.
I have been looking back at some of the pictures of last year when HUGE crowds were pushing in front of apple stores to get inside and buy. To me, it was the first obvious sign of a bubble. Needless to say, a year later and apple stock tanked.
Yes, I do like apple products but not their stock.