Some Troubling Data For Apple and SanDisk Shareholders [View article]
From the linked article....>>>... a technician and trader, I have little insight about iPod, iPhone or Mac sales going forward. But I can read the charts and see how they're shaping up after the recent plunge. Is now the right time to reload positions for a trip back to the highs? Or should current investors jump ship while they've still have the opportunity to salvage a few profits?"<<<
I believe it is all summed up in his self admission...
"...As a technician and trader, I have little insight about...."
So, we have a chart watcher seeing a chart that has gone down, cause OTHER clueless chartwatchers and anal-ists have WORRIED about this or that, and SPECUALTED on that or this or the other things...
Now what FACTS do we have, to deal with, oh yeah, forgot....
Last quarter sales UP 58% over a year ago, RECORD profits....stores filled with consumers....backliste... wait lists for the better products....
But hey, FORGETTABOUTALLTHAT, you see, it is now all about the FEAR AND FUD.....the what iff'ers, the doom and gloom crowd.
You know, I always suspected that if they would just eliminate the crystal ball prognosticators, and go back to reading bird entrails they would actually INCREASE the credibility of what passes for informed speculation in the financial press.
Some Troubling Data For Apple and SanDisk Shareholders [View article]
I believe it is all summed up in his self admission...
"...As a technician and trader, I have little insight about...."
So, we have a chart watcher seeing a chart that has gone down, cause OTHER clueless chartwatchers and anal-ists have WORRIED about this or that, and SPECUALTED on that or this or the other things...
Now what FACTS do we have, to deal with, oh yeah, forgot....
Last quarter sales UP 58% over a year ago, RECORD profits....stores filled with consumers....backliste... wait lists for the better products....
But hey, FORGETTABOUTALLTHAT, you see, it is now all about the FEAR AND FUD.....the what iff'ers, the doom and gloom crowd.
You know, I always suspected that if they would just eliminate the crystal ball prognosticators, and go back to reading bird entrails they would actually INCREASE the credibility of what passes for informed speculation in the financial press.