I lost a LOT of money but I am pretty positive…
On September 9, 2008, Cheddarmuff posted the following:
Looking at the charts, my account (eek!) and the news in the blogosphere, I am surprisingly not too worried about Apple. Sure my October options that are 50% underwater are hurting…sure my Jan 09/10 options are in the pooper and my long shares are off their highs (still green though…phew), but I think the best is yet to come.
How much more bad news could they pile on…heck, they have already killed Jobs in a fake obit, our products are crap and boring according to some…what else could they say?
When earnings come out next month I think the shoe will be on the other foot and things will be rolling (hopefully before then). The stock is so beat down if we can hold the $148-150 area I think we may be ready for a nice pop back to $180 or even $200 later this year. Whatever happens, I am holding tight and not going to bail too early.
Good luck to all and apologies if this struck a sore cord with some…I think I am numb to all this crap by now…
techstock2000 @ September 10, 2008