[Osx-nutters] Apple stock going down

[Ryan Waldon]

What people tend to forget is that when your stock price drops, even if it
goes below what you paid for it, you haven't locked into your loss until the
moment you sell (at that low price). If you just sit tight, be patient and
keep your powder dry, you can ride a lot of stuff out. Important is to not
use money you must have for survival on the stock market, not needing that
cash is what allows me to remain calm during transient market dips. On the
flip-side of that, I'm also very careful to never count my profits as
realmoney until it's cash deposited in a proper bank;  I'm worth a lot
more on
paper than I am in reality...

--ryan



On 8/16/07, Kevin Callahan <kcall at mac.com> wrote:
>
>
> On Aug 16, 2007, at 12:55 PM, Ryan Waldon wrote:
>
> > I pay very close attention on days like this! I caught the BBC
> > Business Report this morning and an analyst from one of The City's
> > major brokerage houses said that the US Markets would close +60
> > points down today...
> >
> > --ryan
> >
>
> you've done well today -- it's now at
>
> 116.83
>
>
> >
> >
> > On 8/16/07, Kevin Callahan <kcall at mac.com> wrote:
> >
> > On Aug 16, 2007, at 12:25 PM, Ryan Waldon wrote:
> >
> >> I just picked up some more shares at $111.62
> >
> > that's its LOW of the day ..
> >
> > amazing !
> >
> >>
> >>
> >> --ryan
> >>
> >>
> >>
> >> On 8/16/07, Patrick Coskren <pcoskren at mac.com > wrote: On Aug 16,
> >> 2007, at 4:12 AM, Fabien Roy wrote:
> >>
> >> > In a month it went down from $140s to $119.
> >> > Are the new iMac a flop? Or just a general trend on the market?
> >>
> >> I'd say a general trend in the market, combined with the fact that
> >> Apple's just a more volatile stock.  Most of their fall has been in
> >> sync with a fall in the overall market due to failing mortgage
> >> lenders.  Combine spooked investors with the fact that the Apple's
> >> had the sort of run that encourages people to cash in, and I think
> >> that pretty much explains it.  I don't think there's anything wrong
> >> with their fundamentals, and I haven't seen any negative press about
> >> the iMac.
> >>
> >> -Patrick
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