I am convinced that that the bull market of the last few decades is over, so AAPL chart has traced out the wave structure which is in line with my beliefs.
What's going to happen soon is not a brief correction, as seen in 2000-2000 or 2008. We are going to experience a long-term bear market, which may last multiple years or even decades.
Note to TSLA fans: after 20 years of advance, in 2000 the AAPL stock collapsed five-fold, from above 5.00 to below 1.00. Luckily, the correction was brief and just three years later the rally resumed, and only 5 years after the collapse the prior highs were reached.
TSLA today is exactly where AAPL was in March 2000, right before the dot-com bubble. Only this time the correction is going to be a much much longer affair and the sell-off may be deeper.
Trade accordingly.
What's going to happen soon is not a brief correction, as seen in 2000-2000 or 2008. We are going to experience a long-term bear market, which may last multiple years or even decades.
Note to TSLA fans: after 20 years of advance, in 2000 the AAPL stock collapsed five-fold, from above 5.00 to below 1.00. Luckily, the correction was brief and just three years later the rally resumed, and only 5 years after the collapse the prior highs were reached.
TSLA today is exactly where AAPL was in March 2000, right before the dot-com bubble. Only this time the correction is going to be a much much longer affair and the sell-off may be deeper.
Trade accordingly.
