PING
POMO schedule released yesterday. Anticipated levels are about half of what was allocated for Jan and Feb
http://www.newyorkfed.org/markets/tot_operation_schedule.html
Is today January 1st or March 1st?
As a long long time apple bear (since July 2012), I now pronounce aapl suitable to try to bottom pick.
If you back out apple’s cash, you get a market cap only slightly above samsung which means samsung is still the better buy, but it is very difficult to trade samsung in the US.
I also think bbry is a better buy than apple.
I’m not real bullish on apple. I only say that the bleeding has probably ended or is close to an end.
It is priced extremely low and I would think it could be a turnaround stock if the main street economy starts to recover.
Last quarter's earnings were positive.
Please add me to your ping list. Thanks.