Wednesday, July 25, 2012

My 5 Cents.....

Well, this is my first one...

 Looking what happening right now on the stock-market and try to understand what is going on is quite difficulty. It might be easier to use chicken bones or read in a coffee pot.

Apple is a good example to ask yourself who is responsible for the price of shares. Every quarter Apple delivers good figures. People expect every quarter better figures. Our famous analysts simply do not get enough. And now it happened: Apple did not achieve the figures they expected. Wowww, the sell figures for the iPhone were 10% short.They are increasing but the teenage boys, called Experts, expect more. I do not get it.

Years ago I read an article, who knows where, answering the question where should you invest your money. The answer was: have a look what your kids are buying. I asked myself the question in early 2009 and Apple was the answer. Far to late because I already bought Apple products. I always thought they are good. The development of the share price during the last years confirmed the statement: Have a look what your kids are buying.

Apple is for my understanding still the leading company in the business with great products. They and their technology have a major influence in other products outside of the computer industry. Well, I am not concern about the drop of the stock price. I think it is a good opportunity to buy again.You might have to wait another few days because the chart indicators are just at the beginning of a turn to the south but i think the gap in the last 2 days was too big. I certainly have this paper on my watch list.

But just my 5 cents....

http://www.youtube.com/watch?v=GO_KlM7ARYg

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