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For long term buy and hold investors like myself, technical analysis means very little. You have to remember I purchased FB at $38. So whether FB double topped or not means the slightest bit of difference to me.

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I think the car market is quite fragmented. There isn’t a monopoly out there. Definitely can allow for multiple players so this is nothing to worry about.

Dangerous extrapolation. Just because the petrol car industry is fragmented doesn’t mean the future EV industry is going to be fragmented. Can you explain why the EV industry would remain fragmented? Please don’t do like some1, respond with a question :stuck_out_tongue_winking_eye: I am clueless, btw.

You are right. It might not! But I have confidence in Tesla. Sometimes you do need blind faith :slight_smile:

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I think we need to ask the question ā€œwhat about china?ā€ when we analyze any stock. Sometimes it’s irrelevant, like Facebook. Sometimes it’s critical, like Apple. It needs to be one of the vectors of investogations or else the analysis is woefully incomplete.

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China is big, but it’s not the whole universe. Many things can survive and thrive without it.

Apple does not need China to succeed. It was already a successful company before it started to sell anything in China.

Friend, iPhones are assembled in China.

So what? It can always relocate that to another country.

If it is that easy, would be relocated long ago. Is not just cost of manufacturing, massive volume, large number of semi-skilled workers, supply chain and fast mobilization of large number of engineers and production workers.

It relocated its manufacturing from US to China. How hard was that?

I can forgive you, biologist.

You forgot that this biologist used to work for Apple. And I didn’t spend my time looking under the microscope over there either.

Still wuqijun is right. iPhones are assembled in China when cost is less. If another supplier, from Korea or other country, able to provide for less cost, Apple is likely to shift the vendor.

If China consumes iphones or Tesla cars, then Apple or Tesla depends on China’s economy.

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China is 20% of Apple’s revenue. It’s the second biggest market behind the US. Where would the stock price be with 20% less revenue?

Personally, I want to eventually spend money I invest. So selling at the right point is just as important as buying at the right point. What’s the point of saving and investing if you’re never going to spend the money?

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That’s what I am getting at. Apple 10 years ago didn’t need the Chinese market. It was also not a 800B company. Now it does, desperately. If the X doesn’t sell well in China Apple stock price will crater.

Keep investing and never sell. If you need to use money, borrow on margin :wink:

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China might be 20% of Apple’s market, but America is an even bigger percentage of Apple’s market. The European Union is also bigger than china. Which begs the question: what makes china so special? Why are you not saying the same thing about America or the EU?

The EU and US aren’t growing their middle class the way China is. China will be a much bigger market in the future. If Apple is going to keep growing, then in 10 years from now China revenue needs to top US revenue.

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Then isn’t there always India? Even bigger population than China in the future and just beginning to grow a middle class. And let’s not forget about Africa… :rofl:

Didn’t someone call India a poor and dirty place? India median income is about half of China median income. They are probably 10-20 years behind China, but they are growing.