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Re: Why is AAPL green now while most of the indices are red? (eom)>>People have confidence in it...last one they will sell...<< I agree! I learned from shock-and-awe experience — which I recalled here in my post 189299 — that Apple/AAPL is a SAFE HAVEN. In June 2002, our dear Steven Paul Jobs pre-announced (after hours, I think) that Apple’s earnings would disappoint. In a flash, AAPL holders divested. Via a little app I had then, I watched agape the trades execute. They were like salmon rushing DOWNstream!!! My volume numbers for AAPL’s historic dive are: WED ..... 2002-06-19 ..... 12,030,579,200 THU ...... 2002-06-20 ....... 1,107,084,500 That dive augured the Dotcom (Dot-Com) crash of 2002. And which company is still going strong a score and one years later? |
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