Wednesday, March 02, 2011

Who wants to be a millionaire?

The most predictable way to make money on the stock market? Buy Apple stock the days before the event…

It’s tradition.

1) The press wildly inflates speculation on the new Apple (insert your favorite device here) - eg, iPad with stereo speakers, card reader, dueling cameras, supre-hires screen…all kinds of stuff

b) Then the speculators and naysayers come out, and also odd bits of personal bad news - eg, standard ram, no card reader, Steve very sick, Jony Ive possibly leaving Apple. The stock take a significant dip. Larger stock groups buy in.

iii) The products come out, the bad news is debunked, and generally the reception to the (product) is good. The stock jumps back up in a few days. Big groups sell out.

Profit!
Cynical, repeatable profit.

Posted by admin on 03/02 at 08:00 PM
Posted in: Gadgetry   Idle Chatter   Malarkey  
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