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Re: Apple Computer, Inc. (AAPL)
Wanting to pick up more shares. Had bailed when the indicators said sale. The big difference with the previous dot com bubble is these company's are actually making money and have real reasonable multiples. Back in the late 90's the fed dropped interest rates to unreal market levels because of the Mexico Paso problems, Failed LA pension fund and I think a collapse hedge. Supply and demand. Low interest rates pushed money into stocks at unreal levels and the biggies could not get enough of the Dot Coms for the demand they had. A similar thing happened a few years before the 1921 stock market crash.
I own GOOG also and am afraid to check the indicators today but think it would say to sale but their valuation is so so low. Most all the analyst have 600 + price targets on GOOG. Going to hang in there unless I can't take the pain.
GRock
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