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  • Thursday, August 16, 2007

     

    An Apple for Everyone, part 4

    Well, this morning I sold all of my Apple stock. Don't worry... everything will be alright. It will most likely come back after this incredible sell off. But I kept having visions from 2000 when my Microsoft and Intel stocks just kept going down every day and I slowly watched all of my money go down the drain. I didn't do anything. Just like the frog in the boiling pot of water. I could not stand to see the same thing happen again. I made about 100% on Apple in less than two years. For you people that got less than 500 on your math SATs, that means my money doubled. Not too bad. I didn't want to get too greedy. I simply wanted to take my profit and run. What will I do with the money? I don't know. I'm waiting on the sideline now just trying to figure out how low everything will go. Why is this huge selloff taking place? I can't figure it out. Doesn't everyone know if we all keep buying, the market continues to go up? Crazy. But I can't control what all the other whackos are doing so I decided to take my 100% profit and never look back. We had a great run! Talk to you soon!

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