I've decided to sell my 6.5% position in AAPL. Its in my ROTH so no taxes and I'm up 68% right now from a little over a year I think or maybe 1.5 years.
Anyways how much upside is really left in AAPL short term? Maybe $200 if we're REALLY lucky. And then it won't stay there all year!
So I've decided to sell all my shares and buy them back after we correct another 25 to 50% after fed hits the brakes on balance sheet.
Someone said once FED starts reducing balance sheet we're gonna fall maybe 25 to 50%. Some people are saying the sp500 will go down maybe 90% ….. Dan Niles I think said it.
Today Dan said that we should be 100% cash. I'm 30% cash and hopefully can get to maybe 50% or a little more for the Fed correction.
Anyways I like AAPL long term but if its gonna go to $100 or lower …. Someone online said AAPL may hit $50 a share this summer…. Then id rather cash out tax free now and buy back in for more shares at $100 or even $50 if I'm really lucky!
How's my plan? Monday hopefully I can start selling AAPL.
Thanks all and may the force be with you.
Leave a Reply