Apple Stock Predictions: Paul Schatz Talks About the Apple Slide

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“It’s simply based on historic research of every story stock in history. The bear markets are very unkind. They punish the people who came in late. So if you look at a chart of Apple, the last big move, the real acceleration, started at about 400 and accelerated almost vertically to 705. So to me, if history is any guide, you wipe out at minimum all the people that came on during the acceleration. The real high mo-mo phase.”

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DISCLOSURE: I have no positions in any stock mentioned.

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