NEW YORK ( TheStreet) -- Before you jump on me for the headline, please hear me out. When I say Apple (AAPL - Get Report) is a bad investment, I mean at this point in time, it is not an investment stock.Investors live in a fundamental universe of cause and effect. They believe that if a company has rising revenue, earnings and cash flow, it is a foregone conclusion that over time, the price of the stock will rise also. Technical traders live in a different universe. They believe that there are forces seen and unseen, known knowns and known unknowns, and things that go bump in the night. They think there are so many factors that complicate investing that price movement and patterns are all that matters.
Apple Is a Bad Investment
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