Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Dec 24, 2018 3:21:56 GMT -8
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Post by archibaldtuttle on Dec 24, 2018 6:16:56 GMT -8
They should just take AAPL to zero and get it over with.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Dec 24, 2018 6:31:11 GMT -8
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Post by socal Film Composer on Dec 24, 2018 6:54:29 GMT -8
About time an analyst stepped up and published a bull case way to go webbush - Gene Munster also has a 3 year price target of $350 - so I''ll gladly take that in a few years - we will get there with buy backs and growing service revenue 3 years might be a bit optimistic but I still believe in that bull case long term, which has always been my reason and belief in the co - also we are being paid to wait - the div. is now around 2%
Of course for a true investor still believing in the co. this is the time to buy - but I for one didn't see the level of panic we are in coming - I have fun peeking at AMZN on days like we've had - it's falling even harder on a percentage basis, which gives me hope, even behind the panic and tax-loss selling we'll likely see through the end of the year there is some sliver of rationality left in the "trading"
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Post by dmiller on Dec 24, 2018 6:57:49 GMT -8
Oh, are the markets open today?
That’s unfortunate.
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Post by rickag on Dec 24, 2018 7:18:25 GMT -8
This is the most infuriating sell off in the markets in general.
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Post by gtrplyr on Dec 24, 2018 8:16:00 GMT -8
Once again we get mindless tweeting questioning Fed policy that does nothing except make investors more nervous. Highly ironic considering the Powell was appointed by the same individual who is now questioning his competence.
I’m trying real hard to avoid insults but facts are facts. This turmoil has been manufactured by bad leadership ... we were humming along just a few months ago and now it looks like disaster ahead?
Frustrated beyond belief ... those who were smart enough to have dry powder are going to do well .... unfortunately I’m not one of them .... just trying to avoid doing anything rash ... no one makes money by panicking.
Cheers to the longs
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Post by sponge on Dec 24, 2018 8:46:50 GMT -8
This is the most infuriating sell off in the markets in general. Be patient you will feel this way again when we actually crash. This is has been an orderly sell off but we have yet to really crash. Normally I would be very frustrated, (I am a little for jumping in with stock at 196 and then with options at 184), but I am very excited about this amazing opportunity. I have been thru this type of a correction for the 5th time. Back in 2005 when we transition to Intel chips, then in 2006 with the back dating options scandal, then in 2008 with the financial crisis, then in 2013 with the margins issues, then in 2016 with the peak iPhone BS. Apple is stronger then ever and making more money then anyone ever dreamed 5 years ago. We will be fine and when this is over it will be like 4 months ago when everyone was falling alllover each other raising their targets since they see nothing but good times ahead.
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stub
Member
The fix is in. Be patient. Don't panic.
Posts: 300
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Post by stub on Dec 24, 2018 8:59:25 GMT -8
Hey did anybody notice...
The (average 65 day AAPL) trading volume on Friday was over 200% (95.5M) and the AH volume was over double the most I've ever seen (6.7M).
I think Sponge is right. We will most likely hit $144ish, at least, before we start our slow climb out of this hole.
I've been a big investor with big AAPL since the beginning of 2007, and over that time we longs have been here before, and yes, even worse.
Probably the most optimistic thing I can say to AAPL investors is, use what's going on now as an opportunity to study market gyrations and context.
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Post by sponge on Dec 24, 2018 9:16:44 GMT -8
The flash crash I anticipated will take us under 135 and may even touch 128. It will be very fast.
In Feb RSI dropped to 19 when we went from from 157.80 to 150.24 in about 30 seconds.
RSI is still at 24 so we have room to fall. VIX is at 35 and we hit 80 then.
Nothing is for sure, but if we do get it I think Thursday would be the perfect day.
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Post by sponge on Dec 24, 2018 9:24:50 GMT -8
By the way. My target for Dec 2021 is 351
I think the G5 iPhone will be a big hit starting in 2020 and we will have some new product or service that will generate cash that few can see right now.
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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 Dec 24, 2018 12:02:07 GMT -8
Happy holidays to everyone. Hopefully this national nightmare will be over by 2020, if not sooner. In the meantime, cherish the time with your loved ones and remember the things that really matter.
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Post by Luckychoices on Dec 24, 2018 16:20:43 GMT -8
Happy holidays to everyone. Hopefully this national nightmare will be over by 2020, if not sooner. In the meantime, cherish the time with your loved ones and remember the things that really matter.Well said, crispin. A couple of hours ago, I got a text from my younger son telling me that the wife of one of his good friends passed away this morning, her birthday, from metastatic breast cancer. Today was her 40th birthday. Your comment is a timely reminder that what has been happening with the market and with AAPL, while disappointing, is *not* the most important of the things that really matter.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Dec 24, 2018 17:27:44 GMT -8
Season's Greetings to all of my AFB friends. It's been a wild ride this year, and the knowledge and support in this forum certainly helped to navigate the ups and downs without feeling totally nuts.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Dec 24, 2018 17:38:08 GMT -8
On a different note, does anyone have a coherent view on the Qualcomm situation? I have a hard time believing that with the chip expertise that Apple has developed in recent years, their longtime association with and and therefore knowledge of Qualcomm' s technology and very likely of the underlying patents, Tim would have greenlighted any move into the technology that would present a significant legal risk. I am sure that Qualcomm feels that the loss of revenue is certainly worth having their legal staff pursue the matter, but...
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Post by macster on Dec 24, 2018 22:07:46 GMT -8
Hearing these comments “mindless tweeting “ “national nightmare” should make one make one laugh. You do realize that the President’s tweets are overwhelmingly appropriate and approved? National Nightmare I don’t think so. Lol
The DOW got to the all time high under the leadership of Trump, helped aapl to a all time high and you never gave him credit. The economy with 3 to 4% growth because of the President’s policies... you never gave him credit. The Fed controlling it with rate hikes possibly way too fast...you blame Trump. A General who was fired by the previous president announced his resignation then proceeded to bad mouth Trump, was let go early and you blame Trump. China who continue to operate unfairly and even criminal...you blame Trump. Withdrawal of US military from wars started with no end in sight...you blame Trump. Trump who literally dismantled ISIS leadership and it’s operational ability...you don’t give Trump credit. Border walls that were built a decade or more ago by congress and kids that have been separated from law breaking illegal parents under the previous administrations... you blame Trump. NATO allies that didn’t pay their fair share for decades...you blame Trump. Instability in Europe you blame Trump. Sanctions on Russia aggression, military support for Poland, Ukraine and others you don’t give Trump credit. Pulling 2000 Troops from a lonely nothing to do outpost in Syria you blame Trump. I’m losing patience trying to make a point but I think you get the gist. Lol What you are seeing in the markets is a reset. The change is being taken hard by the players after years of quantitative easing and is being fed by massive resistance from the establishment and the press. Just turn off the fake news, lies and bs, it’s hard to discern now a days. Some people here that hate this president for whatever reasons are simply more comfortable with what you want to hear. MERRY CHRISTMAS.
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Post by chasmac on Dec 25, 2018 4:05:29 GMT -8
What kind of imbecile ruins Santa Claus for a 7 year old? He’s deranged. You can’t take credit for the stock market on the way up and not take ownership on the way down. Man up snowflake.
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Post by rickag on Dec 25, 2018 7:24:13 GMT -8
This is the most infuriating sell off in the markets in general. Be patient you will feel this way again when we actually crash. This is has been an orderly sell off but we have yet to really crash. Normally I would be very frustrated, (I am a little for jumping in with stock at 196 and then with options at 184), but I am very excited about this amazing opportunity. I have been thru this type of a correction for the 5th time. Back in 2005 when we transition to Intel chips, then in 2006 with the back dating options scandal, then in 2008 with the financial crisis, then in 2013 with the margins issues, then in 2016 with the peak iPhone BS. Apple is stronger then ever and making more money then anyone ever dreamed 5 years ago. We will be fine and when this is over it will be like 4 months ago when everyone was falling alllover each other raising their targets since they see nothing but good times ahead. I meant frustrating in the sense that the US is at historically low unemployment, corporate profits are up, wages are finally going up, corporate taxes are now competitive with the rest of the world, economy killing regulations are being eased up and investments by business seems on an upward trend.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Dec 25, 2018 8:47:38 GMT -8
I can see from the liberal bullshit in here that I haven't missed much here.
It's obvious the Fed has killed this rally and raised the deficit. And yes, Powell should be run out. The Fed is a ridiculous, unaccountable Wizard of Oz. But Powell will listen to Trump and stop raising rates because he wants to keep his job.
Trump gets no credit for the rallies but all the blame for a correction.
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Post by rickag on Dec 25, 2018 10:25:22 GMT -8
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Post by gtrplyr on Dec 25, 2018 10:43:58 GMT -8
I can see from the liberal bullshit in here that I haven't missed much here.
It's obvious the Fed has killed this rally and raised the deficit. And yes, Powell should be run out. The Fed is a ridiculous, unaccountable Wizard of Oz. But Powell will listen to Trump and stop raising rates because he wants to keep his job. Trump gets no credit for the rallies but all the blame for a correction. Yeah that Powell is obviously not qualified .... how'd he get the job anyway? Sheesh ......
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Post by david on Dec 26, 2018 17:34:47 GMT -8
I can see from the liberal bullshit in here that I haven't missed much here.
It's obvious the Fed has killed this rally and raised the deficit. And yes, Powell should be run out. The Fed is a ridiculous, unaccountable Wizard of Oz. But Powell will listen to Trump and stop raising rates because he wants to keep his job.
Trump gets no credit for the rallies but all the blame for a correction. Got kool-aid?
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