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Just out of curiosity, as an IT Pro working with technology do you invest in tech companies? Do you have a conflict of interest that prevents it? Or, perhaps, you consider tech investing to be too much like gambling?
Normal prudence says to invest (also) in other industries than the one that pays your bread. Then an industry-wide slump won't get you fired AND diminish your savings. Spread out on different countries, too.
Apple Shares are way up after they announced their Annual Profits. Even a trend for a week means next to nothing on the Stock Markets it's very much a case of Monkey Sees and all the other Monkeys do.
Personally I refuse to have anything to do with the Markets as the people who play there know next to nothing and always take their leads from what others do regardless of what is actually happening.
Col
Personally I refuse to have anything to do with the Markets as the people who play there know next to nothing and always take their leads from what others do regardless of what is actually happening.
Col
It is gambling if you listen to the news media outlets. That's the way the institutions set you up for failure. If you want to trade (not invest) then learn how to be a chartist and be good at it. That's all you need. Never ever listen to the Street, news outlets and ranting and raving lunatics for your investment/trading advice and it won't be gambling.
Is this really why people read Tech Republic? What a headline: Meaningless. And the so-called "takeaway"? Really? Stocks go up and may go down? I take-away that I should read ARS Technica instead. The timing of your article makes you seem really out of touch. Betting against apple, eh?
Ever since the first computers were introduced during WWII, the customer is still getting the short end of the stick re quality and service. Even the bloody auto industry is trying to clean up its act but the computer industry ... just add more bells and whistles and maybe those annoying customers will go away!
I'm rather disappointed at the authors obvious bias toward MS by pointing out Apples failure in the span of a week to make gains. Although their stock is hovering around the $450.00 mark this seems to be a horrible thing for them to do.
She picks out the first week that MS broke out of consolidation since April of last year and now all of a sudden MS is making a strong comeback and Apple's failing.
Nice try but read the recent earnings report from Apple before believing the obvious down play in this article and notice the word "record" throughout the report. It's human nature to talk down about someone else whilst lifting up our favored party (ourselves or those we love).
She picks out the first week that MS broke out of consolidation since April of last year and now all of a sudden MS is making a strong comeback and Apple's failing.
Nice try but read the recent earnings report from Apple before believing the obvious down play in this article and notice the word "record" throughout the report. It's human nature to talk down about someone else whilst lifting up our favored party (ourselves or those we love).
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