3 ms·
That's a big reason I've steered clear of "top ten" funds lately... I just don't want that much AAPL in my portfolio. Especially the 1Q AAPL curve: very bubble
by pnathan 15y ago
That's a big reason I've steered clear of "top ten" funds lately... I just don't want that much AAPL in my portfolio.
Especially the 1Q AAPL curve: very bubble-y. I'd be much more prone to buy if it was a steadier growth curve instead of an exponent.
- nirvana 15y agoTake a look at the Apple weekly chart going back to 2004. ITs really impressive. There's some pain in the 2008 era, and its clear the angle shifted in 2009 (when people accepted the iPhone was a success).... and then it went completely vertical this quarter. By that weekly chart, I think a good price for Apple would be $420. I'd be much happier if it had gone up to $450 on earnings (like it did, those were fantastic earnings) and then settled down somewhere in $400-$450.