As Apple Implodes, One Generation Lasts Less Than Three Weeks
It has been 20 days since the last March 2009-like $522/share 'Generational Low' buying opportunity arrived for AAPL. Well, it would appear that one whole generation suddenly cried out in terror and was suddenly silenced, as AAPL dipped to $518 moments after opening. As the clip below suggests, we can only imagine the crowd of "traders" waiting to scoop up all these generational low prints (and today's volume is epic so far) being sold to them by over 200 hedge funds running for cover... WWJTD? A second bite at the Apple? And is that unlimited cost basis facilitated with "Other people's" or simply monopoly money?
(h/t Andy Y)