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  • Markets Are at a Crossroads [View article]
    I'm no trader, but I do know that the MACD is a trailing indicator and is not particularly useful in a volatile market. (Hint, this is kind of what most people would consider a volatile market, and APPL is kinda sorta volatile as well).

    I also know that, even at these prices, a long term investment in APPL is worth about twice what it cost 3 years ago, even at today's price. Sure, it had about quadrupled in two years, but if you are long you are still way ahead assuming (I know) you have held it for 2 or 3 years.

    While it might be tempting to try active trading at some point, I don't really think now is the time.
    Nov 10 10:29 am |Rating: 0 0
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