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digitalprimate
Senior Member
 
Join Date: Jan 2006
Location: Antwerp, Belgium
 
2007-06-07, 23:16

I bought Apple shares mid January (at 86), just before the convention. But since then it only went up up up and from what I've learned from my teacher of Economics, is that buying when something has been on the up for awhile, is not always a smart move.

He gave the example of the price of Gold or L&H-shares. People heard the price of it was rising and then contemplated and finally bought some. After which it came at the end of it's rise and only increased marginally before it started to drop.
That's why I haven't bought extra shares. I also bought Sony shares, since I gathered that after their debacle-year of 2006 there was still considerable room for improvement.
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