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Post by rob_london on Dec 11, 2012 6:22:46 GMT -8
Big Al, thanks for posting the tables on fund ownership. Interesting data.
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Post by terps530 on Dec 11, 2012 6:25:59 GMT -8
big moves. they talking about it on cnbc. JP morgan made AT&T overweight due to tons of iphone 4's and 5's sales. cramer said this is an 'unmitigated bullish piece' and no way to spin it otherwise
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Post by appledoc on Dec 11, 2012 6:35:02 GMT -8
This looks good. I am itching to go long!
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Post by Tetrachloride on Dec 11, 2012 6:43:29 GMT -8
cramer said this is an 'unmitigated bullish piece' and no way to spin it otherwise How's that ? AAPL being low ? (pronouns bother me)
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Post by terps530 on Dec 11, 2012 6:47:29 GMT -8
cramer said this is an 'unmitigated bullish piece' and no way to spin it otherwise How's that ? AAPL being low ? (pronouns bother me) I'm confused. What are you asking?
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Post by appledoc on Dec 11, 2012 6:53:31 GMT -8
Here's my own take:
Upside: 542.36 > 547.65 > 555.20 (can really get bullish after this) Downside: not sure yet, waiting for this upswing from 526.60 to correct so I can have a top
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Post by Tetrachloride on Dec 11, 2012 6:56:59 GMT -8
How's that ? AAPL being low ? (pronouns bother me) I'm confused. What are you asking? what do the words "this" and "it" refer to ?
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Post by bloodylongaapl on Dec 11, 2012 7:04:46 GMT -8
..... Even though it has a higher PE than AAPL (i.e., the market thinks that MSFT has higher growth prospects), considerably more Large Value Funds are invested in it. I think this is VERY exciting. We know where we are, it's not a happy place (not MY happy place anyway). But this data alongside the unquantifiable theories that: - Tax selling could be responsible for a LOT of AAPL money sidelined now, who knows how much - Special and up-front dividend payouts by other stocks have created a drawdown in AAPL, again unquantifiable. A lot of that money could come back, but also be joined by new money LEAVING said stocks as the value has been taken out by the divs ... presents a bullish case that we could see a very significant AAPL recovery as the world of equities adjusts to the new landscape. Much of this could play out next quarter. Ooooorrrrr it's all just wishful thinking
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Post by terps530 on Dec 11, 2012 7:04:49 GMT -8
I'm confused. What are you asking? what do the words "this" and "it" refer to ? Sorry was typing as it was being streamed so I rushed. JP Morgan announced on Tuesday that they have trimmed 2013 estimates for telecommunications company, AT&T Inc.(T). The firm reported that they have lowered their estimates for AT&T through 2013. Due to higher smartphone sale subsidies, the firm has decreased its price target to $36 with a rating of “Overweight.” This price target suggests a 5% increase from the stock’s current price of $33.95 He said that they referenced specifically more than expected iphone sales as the reason for this.
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Post by appledoc on Dec 11, 2012 7:05:57 GMT -8
547.65 is the next point we need to take out. From there it's 555.20.
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Post by Big Al on Dec 11, 2012 7:42:18 GMT -8
So far, so good
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Post by appledoc on Dec 11, 2012 7:44:09 GMT -8
We're going to get good resolution one way or the other this week. Of course it will happen on Thursday or Friday while I am away.
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Post by phoebear611 on Dec 11, 2012 7:56:59 GMT -8
Boehner to the House floor at noon to provide a "brief update on the status of the ‘fiscal cliff’ negotiations."
Sorry to be a Debbie Downer
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Post by rob_london on Dec 11, 2012 7:57:51 GMT -8
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Post by terps530 on Dec 11, 2012 8:09:26 GMT -8
Boehner to the House floor at noon to provide a "brief update on the status of the ‘fiscal cliff’ negotiations." Sorry to be a Debbie Downer really hoping he doesn't wreck this rally
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Post by rob_london on Dec 11, 2012 8:11:07 GMT -8
Wonder how well Nexus tablets will sell this Christmas? The Financial Times has just followed The Times in offering a free Nexus with new paid subscriptions.
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Post by ibuyer on Dec 11, 2012 8:15:40 GMT -8
Wonder how well Nexus tablets will sell this Christmas? The Financial Times has just followed The Times in offering a free Nexus with new paid subscriptions. fortunately, they do not have world wide reach and capacity that AAPL has. Same goes for the Kindle. Samsung is worring though that are getting a lot of mind share especially outside of North America.
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Post by appledoc on Dec 11, 2012 8:16:59 GMT -8
547.65 is the next point we need to take out. From there it's 555.20. Pay attention here all. This is becoming a major development. 555.20 is huge to take out now. Destroy it and we are ready to go. All IMO of course
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Post by ibuyer on Dec 11, 2012 8:18:15 GMT -8
Boehner to the House floor at noon to provide a "brief update on the status of the ‘fiscal cliff’ negotiations." Sorry to be a Debbie Downer Does the market know something about this?
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Post by terps530 on Dec 11, 2012 8:20:44 GMT -8
555 is going to be a massive wall I think and if we get close, it probably will get beat up a few times. I'd be more than happy settling here with a few pushes maybe, and then going for the break tomorrow.
I calculated that once this gets back to 565-570ish, i'll be able to trade again and get some *i promise* 6month-1year spreads, not on margin.
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Post by ibuyer on Dec 11, 2012 8:23:45 GMT -8
McCLellan Oscillator guy on CNBC NOW!
the guy that compared AAPL to RCA...
Called the top in AAPL due to sentiment change in investor base like that of the RCA. He made a point that company can be great but stock is not.
Also following the trend as MSFT during the tech bubble.
For broader market, will rise into 2013 and will crap out later in the year.
I WISH the interviewer asked what would change his view!?! As folks say here - what's the if/then.
IMO, there is 25% of the current market cap in cash that say that does not happen make sense.
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Post by phoebear611 on Dec 11, 2012 8:24:15 GMT -8
Cue the clowns and here comes McClennon on CNBC saying that AAPL is RCA
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Post by lulli on Dec 11, 2012 8:29:42 GMT -8
..... Even though it has a higher PE than AAPL (i.e., the market thinks that MSFT has higher growth prospects), considerably more Large Value Funds are invested in it. I think this is VERY exciting. We know where we are, it's not a happy place (not MY happy place anyway). But this data alongside the unquantifiable theories that: - Tax selling could be responsible for a LOT of AAPL money sidelined now, who knows how much - Special and up-front dividend payouts by other stocks have created a drawdown in AAPL, again unquantifiable. A lot of that money could come back, but also be joined by new money LEAVING said stocks as the value has been taken out by the divs ... presents a bullish case that we could see a very significant AAPL recovery as the world of equities adjusts to the new landscape. Much of this could play out next quarter. Ooooorrrrr it's all just wishful thinking To continue on that take, many of those who bought above 600 and sold during the last piece of the "big fall" at the beginning of November are now starting to get past the one month waiting period to avoid a wash sale, and so they can book the loss to decrease their taxes and buy back for the next leg up. They better hurry, though...
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Post by appledoc on Dec 11, 2012 8:43:00 GMT -8
If hold at 544.14, then retest HOD.
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Post by mstefa on Dec 11, 2012 8:49:37 GMT -8
I find it very hard to check daily 10$ fluctuations when my positions are close to a 100$ underwater. Nothing really matters till we break above 600/ 650 . At least for me.
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Post by appledoc on Dec 11, 2012 8:51:20 GMT -8
I find it very hard to check daily 10$ fluctuations when my positions are close to a 100$ underwater. Nothing really matters till we break above 600/ 650 . At least for me. 555.20 does matter, because it would signal the bottom has most likely come and gone. Even if you don't have cash to deploy, you should take it as a major positive.
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Post by ibuyer on Dec 11, 2012 9:05:23 GMT -8
I find it very hard to check daily 10$ fluctuations when my positions are close to a 100$ underwater. Nothing really matters till we break above 600/ 650 . At least for me. 555.20 does matter, because it would signal the bottom has most likely come and gone. Even if you don't have cash to deploy, you should take it as a major positive. +1
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Post by mbeauch on Dec 11, 2012 9:05:44 GMT -8
This is starting to look very ugly.
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Post by appledoc on Dec 11, 2012 9:09:45 GMT -8
This is starting to look very ugly. No it isn't. Ugly is if we break through 538.51, yesterday's HOD.
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Post by po1nt on Dec 11, 2012 9:13:45 GMT -8
This is starting to look very ugly. I show a nice bounce from the 23.6% retracement from yesterdays lows to today's highs.
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