Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jun 29, 2017 2:39:31 GMT -8
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Post by appledoc on Jun 29, 2017 3:49:28 GMT -8
Targets for the day.
Support: SMA8 @ 145.56 and SMA100 @ 144.17 based on yesterday's close Resistance: EMA13 @ 146.37 based on yesterday's close and 148.28 (peak of retrace thus far)
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Post by gtrplyr on Jun 29, 2017 5:54:37 GMT -8
Tech is a big ATM for banks today .....
cheers to the longs ...
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Post by mrentropy on Jun 29, 2017 6:11:50 GMT -8
Question: why in the hell is SNAP up today. I've watched it the last times it touched 17, there are a tremendous number or orders defending the IPO price, I guess the underwriters are propping it up until lockup expiry. I don't understand why anyone is buying it today (or any day for that matter.)
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crispin
Member
KBJ for the win. AAPL long and strong since 2000
Posts: 311
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Post by crispin on Jun 29, 2017 8:05:19 GMT -8
Ugly day so far. I might add a few shares of AAPL down here. Also thinking if TSLA drops another 5-10% I could pick up a few shares for fun.
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Post by gtrplyr on Jun 29, 2017 9:58:51 GMT -8
Happy b-day iPhone !
Heck of a present Mr. Market is giving us .... sigh .....
Hang in there longs .....
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Post by appledoc on Jun 29, 2017 15:13:29 GMT -8
Could have been worse. Close below the SMA100 for the second time in the last three days. Ran into resistance at the SMA8. But did have a red dog reversal in the afternoon and held 142.20 (just barely). See if the bears get follow through tomorrow.
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Post by rickag on Jun 29, 2017 17:34:12 GMT -8
Brutal
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bud777
fire starter
Posts: 1,353
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Post by bud777 on Jun 29, 2017 21:09:28 GMT -8
I usually go to Google Finance to check my stocks. It is also an excellent source of FUD. Today I looked at an article by Mack Tyler called "Apple has revealed it all in it's chart" something about the way that the article was written didn't seem right, so I dug a little deeper. Clicking on mark's name brought me to a list of the over 8000 articles he as written. I found it interesting that hundreds of them has been written today. The entire site is computer generated down to the bios of the authors. It is really convincing until you check the dates on the articles and see that he wrote about 200 of them yesterday. Between the algos and the bots, I am beginning to wonder how many of us are real.
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Post by tuffett on Jun 30, 2017 6:37:05 GMT -8
I usually go to Google Finance to check my stocks. It is also an excellent source of FUD. Today I looked at an article by Mack Tyler called "Apple has revealed it all in it's chart" something about the way that the article was written didn't seem right, so I dug a little deeper. Clicking on mark's name brought me to a list of the over 8000 articles he as written. I found it interesting that hundreds of them has been written today. The entire site is computer generated down to the bios of the authors. It is really convincing until you check the dates on the articles and see that he wrote about 200 of them yesterday. Between the algos and the bots, I am beginning to wonder how many of us are real. I've noticed a lot of those too and it's quite unsettling. A counterpoint would be that for technical trading, a robotic approach is often best, as emotion and bias often lead to poor decisions. So for an article strictly examining a chart, or comparing numbers, it's not such a bad thing. I've certainly read worse from actual humans.
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Post by PikesPique on Jun 30, 2017 11:56:14 GMT -8
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