Buy Apple now.

October 19, 2008

Here’s a chart.

This chart tells me it’s time to PREDICT!

That comment about the most entertaining president/vice-president pair being elected, that wasn’t a prediction. THIS is a prediction:

Buy Apple stock (NASDAQ:AAPL) at Friday’s closing ($97.40) and you will double your money within two years. 

Why? Look at the chart linked above. The three lines scraping along the bottom are the National Association of Securitites Dealers Automated Quotation System (NASDAQ), the Dow Jones Industrials (DJI), Standard and Poor’s 500 Index (S&P 500). The line just *below* Apple is Google (GOOG).

So, what, is a chartist? Is the past a reliable indicator of future performance? No, and, I think, yes. In the past, has recommened Apple stock to friends and relatives, giving dates and expected profits. They’ve worked out very well. This is one of those, but this time, it’s for everyone.

And I suppose that means YOU.