JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Nov 1, 2012 23:28:41 GMT -8
Stk Calls Puts 585 1,095 6,039 590 2,810 5,927 595 4,020 4,012 <-- tied 600 7,358 3,756 605 9,206 2,77
Looks like 590 bottom on puts, 595's are tied; lemmings will build calls, so we'll call it a 590-594.99 pain range.
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Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
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Post by Mav on Nov 1, 2012 23:48:10 GMT -8
Captain...you can turn off the fasten seat belt sign annnnnytime now...
*reaches for motion sickness bag*
Better days ahead I'm quite sure, but this extended selloff is really getting out of hand.
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Post by rutgersguy92 on Nov 2, 2012 3:27:29 GMT -8
Captain...you can turn off the fasten seat belt sign annnnnytime now... *reaches for motion sickness bag* Better days ahead I'm quite sure, but this extended selloff is really getting out of hand. Yeah, I'm hoping for better days real soon. And the feeling I have in my stomach is similar to ones I had when we had bottoms in June '11, Nov. '11 and May '12, so maybe we are very close to the bottom.
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Post by wheeles on Nov 2, 2012 3:36:52 GMT -8
lemmings will build calls... Shouldn't that be: iLemmings?
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Post by rutgersguy92 on Nov 2, 2012 4:12:20 GMT -8
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Post by rutgersguy92 on Nov 2, 2012 4:17:42 GMT -8
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Post by Rupert on Nov 2, 2012 4:51:18 GMT -8
Resistance/Support Friday 11/02/2012
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Post by appledoc on Nov 2, 2012 5:08:58 GMT -8
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Post by terps530 on Nov 2, 2012 5:24:56 GMT -8
this post from yesterday with the vid in Japan is great.
Seeing huge lines like that makes me happy. Can't wait till the blinders are taken off and everyone realizes again that Apple product demand is still mega.
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Post by lovemyipad on Nov 2, 2012 5:39:34 GMT -8
(...)I have a notation in one of my notebooks from one of iPad's groups run by Avi. The notation says in relation to AAPL: Top in September, bottom in beginning of November. Rally hard through 1st quarter of 2013. Back up the truck in early November for 5x." I made the note on September 11. So far, he's been spot on. Looking for that bottom in November. But...as always...who knows? (...) NICE!!! I want to sit next to MZ in class -- great notetaking!!! Avi is my EW teacher, and he is excellent. He'd win this year's pin-the-tail-on-the-donkey for his top/bottom targets for every major AAPL turning point.
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Post by mstefa on Nov 2, 2012 5:40:42 GMT -8
Let me tell you about competing product.. XPS 10 tablet by Dell and win 8 on it. Dell is internally offering it to employees for 299$ ( heavy discount from full price of almost 200$ they say) A week after initial limited offer was sent, reminder was sent that the offer will expire soon I guess limited offer wasn't exhausted that quickly.
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Post by appledoc on Nov 2, 2012 5:46:37 GMT -8
SMA200 is 590.41.
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Post by wheeles on Nov 2, 2012 5:51:52 GMT -8
I'm getting long here. Might just be a day trade. Might be a little longer.
EDIT: Not sure how much impact the weeklies will have given the shortened week, but think there might be the chance of an upside breakout to relieve some of this "oversold-ness".
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Post by Tetrachloride on Nov 2, 2012 6:02:14 GMT -8
This is no joke. Hang Seng breaks over 22,000.
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Post by appledoc on Nov 2, 2012 6:04:24 GMT -8
We're coming to the SMA200 quickly.
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Post by mbeauch on Nov 2, 2012 6:06:18 GMT -8
(...)I have a notation in one of my notebooks from one of iPad's groups run by Avi. The notation says in relation to AAPL: Top in September, bottom in beginning of November. Rally hard through 1st quarter of 2013. Back up the truck in early November for 5x." I made the note on September 11. So far, he's been spot on. Looking for that bottom in November. But...as always...who knows? (...) Avi is my EW teacher, and he is excellent. He'd win this year's pin-the-tail-on-the-donkey for his top/bottom targets for every major AAPL turning point. OK, I know I am getting a little pushy here, but dang it, Nov 2 qualifies as early November. I need some up to try and keep some sanity. As a whole, the momentum down has slowed. Big Bird has called for the big turnaround day to end this madness. I thought we had that already with the dip last Friday. I guess we see another retest today.
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Post by appledoc on Nov 2, 2012 6:10:51 GMT -8
We broke it and are back above, but looks like we're going to test again.
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Post by po1nt on Nov 2, 2012 6:16:30 GMT -8
We broke it and are back above, but looks like we're going to test again. I can see us breaking through it, capitulating 10-15 points lower. THEN that will mark the end of all this....
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Post by mbeauch on Nov 2, 2012 6:18:40 GMT -8
Boy, they have really done a number on the short term timeframe technicals. The 5 min is not even oversold. Crooks. DOW has turned very ugly quickly. AAPL will be really tested. Of course GOOG and AMZN are up nicely.
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Post by mbeauch on Nov 2, 2012 6:22:16 GMT -8
We broke it and are back above, but looks like we're going to test again. I can see up breaking through it, capitulating 10-15 points lower. THEN that will mark the end of all this.... This does not make sense.
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Post by appledoc on Nov 2, 2012 6:27:47 GMT -8
It depends on the rest of the day, but I think Monday could be a tell-all day. I feel like we're getting artificial support because of the puts at 590. Otherwise I feel like we would have broken through the 200 day much harder.
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Post by rezonate on Nov 2, 2012 6:33:09 GMT -8
The conversation today sounds just like late 2006. I swear we've gone back in time. All the talk about AAPL down while GOOG and AMZN being up, fundamentals, testing, etc. Just like old times!
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Post by po1nt on Nov 2, 2012 6:34:47 GMT -8
I can see up breaking through it, capitulating 10-15 points lower. THEN that will mark the end of all this.... This does not make sense. *us*
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Post by Red Shirted Ensign on Nov 2, 2012 6:34:55 GMT -8
The lines around the world for the iPad mini/ maxie4 are better than I feared. With the big, well- understood pre-order process in place, the huge number of resellers, and nine weeks until Christmas I thought we would get a meh line event. But some of those vids are impressive indeed!
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Post by appledoc on Nov 2, 2012 6:35:41 GMT -8
The conversation today sounds just like late 2006. I swear we've gone back in time. All the talk about AAPL down while GOOG and AMZN being up, fundamentals, testing, etc. Just like old times! Wish I weren't only 18 back then I'm getting ready to reposition my Jan 13 spreads. Some profit is better than all loss. I wish I hadn't been so negligent a few weeks ago.
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Post by mbeauch on Nov 2, 2012 6:38:58 GMT -8
This does not make sense. *us* Not that part, the capitulating 10-15 points lower. If we are already down, why would going 15 points lower be capitulating?
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4aapl
Moderator
Posts: 3,622
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Post by 4aapl on Nov 2, 2012 6:39:59 GMT -8
It depends on the rest of the day, but I think Monday could be a tell-all day. I feel like we're getting artificial support because of the puts at 590. Otherwise I feel like we would have broken through the 200 day much harder. If you are looking at the weeklies with an open interest of less than 6000 and a relative open interest of even less, why do you think that would prop up the stock so much when in just the first hour of trading the stock has traded 6 times the volume of the underlying shares? The max pain logic isn't always right, especially when the open interest is relatively low. There's a big difference between a low volume weekly and a large volume quarterly or leap. It might be helping, but the 200 DMA down at 588.70 (from stockcharts, so using dividend adjusted figures) is likely helping just as much if not more.
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Post by po1nt on Nov 2, 2012 6:41:02 GMT -8
Not that part, the capitulating 10-15 points lower. If we are already down, why would going 15 points lower be capitulating? just from breaking the 200-day. a quick high- volume move lower as a final shakedown
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Post by mbeauch on Nov 2, 2012 6:41:27 GMT -8
The conversation today sounds just like late 2006. I swear we've gone back in time. All the talk about AAPL down while GOOG and AMZN being up, fundamentals, testing, etc. Just like old times! Wish I weren't only 18 back then I'm getting ready to reposition my Jan 13 spreads. Some profit is better than all loss. I wish I hadn't been so negligent a few weeks ago. I started investing in AAPL in early 2007. I now have stomach issues.
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Post by Tetrachloride on Nov 2, 2012 6:42:45 GMT -8
Sooner or later this shakedown is going to wear out. Overlords flip a switch and go long. Look for big block trades.
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