Carlos000412

5 Comments

    • ON: Fri Apr 18th 13:57 PM
      Commented on:
      Apple to Experience Market Share Madness
      I don’t what they teach in College – I didn’t even finish high school.

      I was broke and working for minimum wage in my early 20’s. But by the time I was 34, I had over a million in Cash in my bank account.

      If I could attribute my success to any one thing, it has been having an Open Mind.

      It is Human Nature to attack that which you can’t understand, or don’t want to understand, rather than to have a dialogue of substance on the merits.

      There was a great classic “ A Wonderful Life” because it has such an important message of how you can affect the lives of others, even if you don’t realize it. Just imagine when you try.

      For you critics here today, I’ve already affected your life and you don’t even know it.

      Time will turn the light on; when and where is no matter.

      Unlike others with money, instead of living lavishly, I‘ve used my money to buy the valuable commodity of all: Time.

      So I do confess – I am a little bored – and I haven’t taken my Meds – since I have all day of every day to take them as I please - or waste my time on a “silly blog”.

      My advice to you Mr. Dick M., ( and Long since 1996 ) – take your Gain while you can – and be thankful, not greedy.

      And if in doubt, go back and study RCA and Polaroid – and not just the price movement, but what was said and written about those companies at their tops in their respective eras.

      Finally, for you “Barbarian” – you seem like an Open Minded one as well – my advice to you – take your profit and sit it out now – at least 50% of your profit.

      I think it’s time for Meds now.
      View article »
    • ON: Fri Apr 18th 13:13 PM
      Commented on:
      Apple to Experience Market Share Madness
      For you APPL believers, here’s a “market history” homework assignment.

      Study RCA in the late 1920’s and Polaroid in the early 1960’s. Those are but a few of many others – they just happen to be the “in” technology company at their respective times.

      Erase their name and insert APPL.

      Polaroid was in the 220’s in January 1962 – on the same “fundamentals” ( everything said here was said there as well ) and in June 1962 had dropped to the 80’s. Ditto RCA’s moves.

      It’s the same story, exactly. From single digit to triple digits – and back down again.

      All the while, “believers” bought all the way down, and like those of you in APPL, eventually succumbed to “panic selling”. The “believers” always do.

      As the great Jesse said, “Nowhere does history repeat itself more than in the Stock Market.”

      So simple a statement and so very true.

      And yes, I am Short – why should I be Long with the Risk – when I can sell the Gain incrementally with no Risk at all ? Why should I care what direction it goes in ?

      $ 300 ? Unlikely, but perhaps. $ 3000 – impossible. The big gain is already in APPL.

      Now it is a matter of Monetizing it through Distribution.

      I don’t need to speculate on what is going to happen – nor do I care – I’m only interested in sure money – and that what APPL is.

      One of the most important things a Man can know is what he doesn’t know.

      And none of us know exactly what is going happen – the key is to understand the outer parameters of what can happen.

      This and the other comments are for those interested in opening their minds – so they too can benefit from the gift of enlightenment. It is to be shared.

      These are Seeds for the Mind. Planted today for fruition in the future, when events bear them out.
      View article »
    • ON: Fri Apr 18th 11:57 AM
      Commented on:
      Apple to Experience Market Share Madness
      I already reached that point years ago.

      When I started I had $ 2000. to my name. To date I have grossed over $ 18 million – haven’t had to get up to go to work – or anywhere else for 17 years running now. And I’m in my early 40’s.

      I am in the 1% percent.

      I was like you when I first started, I was believer too. I truly believed all those things really mattered and meant something. Belief dies hard – and it obviously will with you.

      Do you remember when your Mom or Dad told you a bedtime story ?

      It is no more than that. The “story” ( what you call “fundamentals” or “facts” ) is nothing more than a means by which the stock is marked up and marked down.

      And I emphasize I am not a “Trader”. There’s an old saying “Day Traders die broke” – and there is a reason for that. Nobody can catch all the fluctuations. Trying to is like jumping back and forth across active train tracks.

      “Investing” and the belief therein is the means by which wealth is voluntarily transferred from the hands of the many to the hands of the few.

      Belief dies hard – and it obviously will with you. Keep watching what happens in APPL.

      In time you and the others here today will appreciate the wisdom so freely passed here.

      I’ll give you a free lottery ticket – WAAMT. Take some of your APPL profit and open an initial position, and if APPL continues up, double down at 50% - and enjoy gains of 100% plus.

      You see everything you and others say about APPL is right – except that it doesn’t matter.

      Time will demonstrate that most clearly. I wish you good luck – because as long as you believe, you’ll need it.
      View article »
    • ON: Fri Apr 18th 11:10 AM
      Commented on:
      Apple to Experience Market Share Madness
      Your first mistake – Emotion. You want to believe in something, Believe in America, Believe in God, Believe in your Family. Believing in a Stock ? That’s the fools game.

      Markets are a game governed by one simple result: The transfer of the wealth from the hands of the many to the hands of the few.

      In that game, a stock gets marked up to a point where it can’t go up any more. Fundamentals, great story, etc., etc., doesn’t mean a damn thing. A top is reached.

      Once the markup is obviously over, the smart money ( about 1%) begin to sell. Who do they sell to ? People like you, the people who “believe”. After a significant fall, they stop selling for awhile.

      Who buys ? People like you, and the guy long since 2000 – of course, it’s such a great story, the stock was a buy at $ 202, it was a steal at $ 117 !!!

      After a while though, it becomes obvious that it will not take out the previous high. Then after you and the other “believers” have loaded up, it starts heading down again. Now the previous low gets taken out.

      But Steve Jobs and the story is so great, now it’s really a steal at $ 100 !!! People like you start buying again. The 1% stop selling for a while. The rally is on. But now it doesn’t take out the previous level it reached and makes yet another lower high.

      This will go for some time. Then the point will be reached that suddenly you wake up ( like the guy long since 2000 ) and realize buying on the way down has eliminated all your profit. Now you are in the red.

      Now people like you, the true “believers” start panic selling. The stock really falls now.

      Finally, when you are no longer a believer, then the stock will have been marked down as far as it will go – because there is nobody left to sell. The 1% will start accumulating the stock again.

      Personally, I think Steve Jobs is a visionary and great business leader. But that doesn’t mean a damn thing.

      The point is, the Market is a game – nothing more – nothing less – and most certainly for those who “believe” like children playing on the freeway.
      View article »
    • ON: Fri Apr 18th 09:33 AM
      Commented on:
      Apple to Experience Market Share Madness
      As the great Jesse said, the big money is made selling the stock all the way down.

      $ 300 + Billion Market Cap ? OK. Keep believing and keep buying - the stock has to be distributed to someone !!!
      View article »
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