Alexander50plus

Highs seas ahead, says the drunken sailor

Short
CAPITALCOM:AAPL   Apple Inc
Im sure if you're reading this, you and the guy next to you and his neighbor are all trying to pick a bottom in these markets. With the fed chairman raising rates like never before literally it hasn't been done before. Individuals who think the bottom is in already they are sorely mistaken. It's only a matter of time until the US citizen starts to run out of orange man money if you know what I mean. Since covid the market had been up over 200 percent in some cases that would mean essentially if you were invested in early 2000's your portfolio grew more in the last 2 years than the 10 years prior. That's un heard of, and it happened. But at what cost. You can see I have Apple to way south of a 100 dollars a share and trust me it'll be glad to give it back. Sometimes when making my speculations in the market I like to look at it from the outside looking in first, then the inside looking out. Moral of the story the bottom won't be in for years to come. But 80 dollars a share in apple wouldn't be a bad place to start. Cheers

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