What is Cheap enough?
Apple’s chart looks to want to continue downward.
Especially on the pull down effect of the market. The market seems like it wants to continue downward, but telling its direction at the moment (with any sense of confidence) is not happening. So I will not make the case for a direction in the market.
But I will say this… every tick downward, especially with AAPL and MA, I get the itch to pull the trigger. I keep thinking ‘at what price is cheap enough’, and for AAPL and MA I think it to be 140 and 178 respectively. (But for MA, that may be a fantasy price… 218 is more like it.)
