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Post by Red Shirted Ensign on Nov 2, 2012 10:43:10 GMT -8
Sold some SNDK...bought more Apple...at 580 I'm done. I have nothing more to give to the cause....
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Post by tradermac on Nov 2, 2012 10:43:16 GMT -8
I think everyone is in "deer in headlights" mode right now. I know I am. I'm already ALL IN. Can't buy and can't panic out now. If this isn't capitulation, I don't know what is.
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Post by stevereel on Nov 2, 2012 10:43:19 GMT -8
I bought some Feb13 600s with the little cash I have left. Very hard to do without looking at my account balance. As several others have said today, I'm strangely calm about my account right now.
Nothing fundamental has changed at Apple. Just have to ride the roller coaster. Keep your hands and feet inside at all times.
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Post by aapl4kiki on Nov 2, 2012 10:48:29 GMT -8
I know. The only thing I have are Jan 14 700 Calls. My account looks terrible. I would be embarrassed to show it to somebody. Still, I am weirdly calm about it. The price action has been ridiculous the past two weeks, but i've kind of been unphased. I just don't see how the fundamentals could be ignored much longer. Hopefully that's not stupid. Well....I can completely relate...I quit checking my account last week...looked like a 10 yr old opened up on my monitor with a red paintball handgun.....it's set...it is what it is...earliest expirations are April '13....so now we sit back and wait for sanity to return... Exactly. I used to check it daily back in the good 'ol days (September 2012). I haven't checked it in two weeks.
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Post by joel90069 on Nov 2, 2012 10:49:05 GMT -8
It felt much worse for me back in 2008-2009 when it dropped from $200 to 80 in a pretty short time. I think we could potentially drop alot further this time. To me it's not justified and (probably) manipulation by MM's and HFT (high frequency trading). This is NOT your therapist's office. Sniping at each other is not productive. Seriously, how does this FUD help? Go tell it to your cat. Isn't it amazing how the tone of posts change with the price AAPL? What's "unproductive" is crankiness.
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Post by fas550 on Nov 2, 2012 10:49:16 GMT -8
Well all the planets are aligned. One of my favorite lines I heard before was, "great positioning before the rally". Response, "I'd rather not be better positioned than I am now". Anyway good volume in the last drops. If we don't turn we'll end up with a PE below 30 and <580, lowest MACD, money flow index and virtually any other buy sign indicator you care pick for many of the past months. Truthfully I am bloody fed up and without wishing any realized negativity on anyone's account I wish we would just plummet and get this crap over with.
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Post by talphan on Nov 2, 2012 10:53:31 GMT -8
Bought some April 650s (again) for 23. Hopefully this will be the last nibble down...
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Post by wheeles on Nov 2, 2012 10:54:18 GMT -8
Buy, buy, buy. First stop 612.
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Post by darrenhd on Nov 2, 2012 10:56:22 GMT -8
It felt much worse for me back in 2008-2009 when it dropped from $200 to 80 in a pretty short time. I think we could potentially drop alot further this time. To me it's not justified and (probably) manipulation by MM's and HFT (high frequency trading). This is NOT your therapist's office. Seriously, how does this FUD help? Go tell it to your cat. Unfortunately I have no cat FUD is bad, not good. But it's also fake, I think in Apple's case.
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Post by fas550 on Nov 2, 2012 10:57:57 GMT -8
This is NOT your therapist's office. Seriously, how does this FUD help? Go tell it to your cat. Unfortunately I have no cat FUD is bad, not good. But it's also fake, I think in Apple's case. iMeow
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Post by aapl4kiki on Nov 2, 2012 11:04:45 GMT -8
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Post by Xphilos on Nov 2, 2012 11:05:56 GMT -8
We are in extremely rare territory here. Six consecutive red weeks - only two precedents in the last five years. Beneath the 200 day MA - only seven days since the market crash of 2008. Thats seven days out of 1000+ trading days. Based on this alone, the probability of success of a new bearish position would be less than 1 percent. Additionally, RSI, MACD, etc all rock bottom.
We are all looking for probabilities, to take advantage of, make some money. The probabilities of a successful bear position at this point are astronomically bad. Put another way, the most probable successful positions to get into now, or hold onto, are bullish.
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Post by lovemyipad on Nov 2, 2012 11:07:40 GMT -8
Buy, buy, buy. First stop 612. +1 +1 + 1 +1 (myself and my multiple personalities) !!!
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Post by po1nt on Nov 2, 2012 11:08:20 GMT -8
pissed my pant and forgot who I was for a half hour. Then bought at 580.50.
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Post by Red Shirted Ensign on Nov 2, 2012 11:08:32 GMT -8
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Post by lovemyipad on Nov 2, 2012 11:08:53 GMT -8
pissed my pant and forgot who I was for a half hour. Then bought at 580.50. ROFL!!! And big CONGRATS!!!
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Mav
Member
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Posts: 10,784
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Post by Mav on Nov 2, 2012 11:12:48 GMT -8
iPad mini is basically a smaller-screened but IMPROVED iPad 2, for less money. It's an "intriguingly" different situation from iPod mini, which traded solely on smaller size, really. And Apple crafted its iPad mini narrative very well as always. This thing is gonna take off in Asia and all other countries where PCs aren't as dominant in households. Everywhere else, just give it a little time... ...heck, even I'm thinking about going from iPad regular to iPad mini at some point...
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Post by stevereel on Nov 2, 2012 11:14:52 GMT -8
pissed my pant and forgot who I was for a half hour. Then bought at 580.50. ;D
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Post by Red Shirted Ensign on Nov 2, 2012 11:15:27 GMT -8
iPad mini is basically a smaller-screened but IMPROVED iPad 2, for less money. It's an "intriguingly" different situation from iPod mini, which traded solely on smaller size, really. And Apple crafted its iPad mini narrative very well as always. This thing is gonna take off in Asia and all other countries where PCs aren't as dominant in households. Everywhere else, just give it a little time... ...heck, even I'm thinking about going from iPad regular to iPad mini at some point... It's kind of hard to not like that. Mav, I've heard everything about you is mini.... Oh, Lord...there goes my "classy" tag...gone for good... watch my Karma count go into free fall.
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Mav
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Post by Mav on Nov 2, 2012 11:20:55 GMT -8
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Post by Apple II+ on Nov 2, 2012 11:23:23 GMT -8
bought the dip. again^n
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Post by madmaxroi on Nov 2, 2012 11:25:59 GMT -8
Another LOD.
The hits just keep on coming.
Brother can you spare a dime.
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Post by madmaxroi on Nov 2, 2012 11:26:14 GMT -8
Sister can you spare a dime.
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Post by darrenhd on Nov 2, 2012 11:26:56 GMT -8
Sister can you spare a dime. Or two...under 580 now...
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Mav
Member
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Post by Mav on Nov 2, 2012 11:27:42 GMT -8
Resolution on the way soon. Volume's accelerating after what looked like a slow Friday. I'm expecting some kind of bounce between Monday and Wednesday.
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icam
Member
Posts: 447
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Post by icam on Nov 2, 2012 11:27:45 GMT -8
All the articles fail to mention the shift to online preorders. Plus, the comparisons to iPhone lines need to stop. The iPad mini is NOT the craze driven iPhone and never will be. Yes, Jon Fortt has been a real jackass today (I was following him on Twitter, not anymore). Anyone reporting on line length as a metric with Apple's shift to online pre-orders deserves to be punched in his nether region. I quit following him last week. After following him for a while to get a proper opinion of his abilities, he's earned his status with me as officially an unqualified hack, which is soooo typical of CNBC's reporters.
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Mav
Member
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Post by Mav on Nov 2, 2012 11:30:41 GMT -8
Last-stage buy plans: 570s near market open Monday, or start trading what I hope will be an uptrend when AAPL starts waking up.
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Post by highway2heel on Nov 2, 2012 11:31:06 GMT -8
$574 brings the P/E below 13...
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Post by madmaxroi on Nov 2, 2012 11:31:08 GMT -8
Resolution on the way soon. Volume's accelerating after what looked like a slow Friday. I'm expecting some kind of bounce between Monday and Wednesday. Would that be Monday and Wednesday of next week or early next January?
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jz
Member
"Study the natural order of things and work with it rather than against it." -- Lao Tsu
Posts: 162
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Post by jz on Nov 2, 2012 11:31:49 GMT -8
Buy, buy, buy. First stop 612. Alright, officially over margined now... Very last bullet fired in a retirement account (that I thought did not allow margin) and filled at the symmetrical value of $580.580. Cheers to the Longs (if not today, then someday soon).
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