timwest

AAPL mimicking the 1987 post crash bottom of Dec 1987

Long
BATS:AAPL   Apple Inc
In a previous forecast I had labeled the forecast in black and all I have done here is to shift the forecast down a bit in price and it matches the previous movements in AAPL shares.

Now that AAPL could be in its "all time low" position equivalent to the post crash 1987 bottom in December 1987, it is time to really examine your view of AAPL here with its huge balance sheet and no debt, it's negative news out of China and how there is still a large opportunity there going forward, their ultra-low valuation relative to cash flow, sales and earnings , and decide how much exposure you want to the stock. Maybe this is one of those times when a year from now you can say "I bought AAPL at the lows in 2013"

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