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Post by Odd-Lot Richard on Aug 13, 2019 17:39:12 GMT -8
Every trade is short term. The black duck struck again today. Anyone who sold today with a limit order lost money. Anyone who bought with a limit order on that fateful day a week or so ago, also lost money. Every time the black duck squawks, somebody loses money. It's probably against the law. For everyone with insider knowledge except a president. Specious nonsense.
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Post by david on Aug 13, 2019 17:44:13 GMT -8
Every trade is short term. The black duck struck again today. Anyone who sold today with a limit order lost money. Anyone who bought with a limit order on that fateful day a week or so ago, also lost money. Every time the black duck squawks, somebody loses money. It's probably against the law. For everyone with insider knowledge except a president. Specious nonsense. What is it you disagree with?
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Aug 13, 2019 18:49:24 GMT -8
Sounds like even on a green day, the lib haters want to make this board about politics. I can certainly oblige...
Funny how none of the China long-view crowd have mentioned that China is currently dealing with embarrassing civil unrest, some of which related to economics (soaring housing prices, weakening buying power in general).
Also funny how the long view crowd wants quick fixes, then gets one, and then still complain. 🤷🏻‍♂️
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Post by Odd-Lot Richard on Aug 13, 2019 19:28:44 GMT -8
What is it you disagree with? I don’t. The definition of nonsense is that one cannot make sense of it. If one cannot make sense of it, how can one disagree? If you don’t admit that there is anything beyond short-term trading, how can I argue with you? It’s like Lincoln’s specious argument about saving the piglets: he doesn’t admit such a thing as altruism exists, so there’s no point to argument. But his argument was and continues to be nonsense, and so is yours.
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4aapl
Moderator
Posts: 3,622
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Post by 4aapl on Aug 13, 2019 20:26:15 GMT -8
Not the change the topic off off-topic politics, but I'm curious how TA predicted this move.
My opinionated opinion is that TA can't predict an unpredictable event, whether it's the tariff tribulations, or a CEO being hit by a bus. OTOH, it's analysis of the current investor sentiment (in this case not a synonym for P/E, but rather overbought/oversold, or how sturdy the price is) could tell us how big of a move something might make.
So the question is, did any TA suggest a biggish move if an unexpected announcement was announced. RSI was 48.06 yesterday, so basically neutral. Or maybe going into this, an RSI of 35 would have given an even bigger move, and an RSI of 65 a lesser. What about other things. Money Flow?
While I mostly think it doesn't matter much in this case, I would be curious to hear otherwise.
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Post by pauls on Aug 13, 2019 21:12:03 GMT -8
"Funny how none of the China long-view crowd have mentioned that China is currently dealing with embarrassing civil unrest"
I mentioned it earlier. It will only get more embarrassing. Our great leader of course is walking the 'plenty of fine people on both sides' line.
Today wasn't the problem. Last week was the f@cked-up tweet. Today it was an official announcement by the US Trade office before trading, not a bs tweet. HUGE IMPROVEMENT!!!! (Credit where due- yet the reason for the retreat was the idiocy in the first place. And the reason for the retreat (Xmas Holidays!) just makes it look like he hadn't truly considered the really dumb tweet. Trump is clearly winging a very complicated situation of his own making, and you expect celebrations by the investment class? LOL. It also makes Apple look like some kind of favored son (imo), which I'm not super happy about, but whatever. I wish he would not tweet, and present policy decisions through official channels more often.
I think it's funny that you don't sound more sorry your sacrifice was so short lived. I guess we are wealthy again.
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benoir
fire starter
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Posts: 1,318
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Post by benoir on Aug 13, 2019 22:26:24 GMT -8
Sounds like even on a green day, the lib haters want to make this board about politics. I can certainly oblige... Funny how none of the China long-view crowd have mentioned that China is currently dealing with embarrassing civil unrest, some of which related to economics (soaring housing prices, weakening buying power in general). Also funny how the long view crowd wants quick fixes, then gets one, and then still complain. 🤷🏻‍♂️ China is problematic. It needs a considered strategy. I just don’t think Donald and his Nerf baseball bat is the right way to deal with this. I don’t want a quick fix. I want a long term solution that’s a win win for China and the US.. And that means a long term win for Apple.
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Post by macster on Aug 14, 2019 4:23:44 GMT -8
Are you all preparing when China rears it’s ugly head over Hong Kong. Its beginning. Next Black Swan event. China has to get it under control or freedom will spread elsewhere throughout their dominion. Taiwan is still a volatile  shareholder flash point not just trade. Is it safe to manufacture anywhere on the continent? India? I wonder if the Apple Inc Board are having problems sleeping at night. Yeah it’s Trumps fault the  Finance Board, as many here say.
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Post by hledgard on Aug 14, 2019 4:59:17 GMT -8
So what do companies end up choosing to do to minimize the unknown but chaotic effects of possible tariffs, the wall of worry? This morning an article spoke of some companies like HP moving their US-bound laptop production to Taiwan. Anther place was moving it's laptop production. And the company Apple uses for one of it's lines said that while Apple hasn't asked such, they could move US-bound production to a different country. I believe in all cases the production wasn't coming to the US, and it mentioned that parts and production were worldwide, even if some/most/all engineering was in the US. Much like t-shirt production, is it likely to ever come back to the US, or just move? And is there any reason to push to have it come to the US? I'd like to see production via automation come to the US, which also requires a lot of backend support just as in a semiconductor Fab, but I don't really see a human based production coming back. I think this is spot on ! !
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benoir
fire starter
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Posts: 1,318
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Post by benoir on Aug 14, 2019 5:22:35 GMT -8
Are you all preparing when China rears it’s ugly head over Hong Kong. Its beginning. Next Black Swan event. China has to get it under control or freedom will spread elsewhere throughout their dominion. Taiwan is still a volatile  shareholder flash point not just trade. Is it safe to manufacture anywhere on the continent? India? I wonder if the Apple Inc Board are having problems sleeping at night. Yeah it’s Trumps fault the  Finance Board, as many here say. I agree with you Macster. Hong Kong is a real concern and so on. Yeah, I hope it does have the board’s attention. Trump didn’t start trade problems but I’m not convinced he has wherewithal to resolve it and his approach may backfire, which would be very bad for the US.
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Post by silkstone on Aug 14, 2019 6:25:37 GMT -8
So what do companies end up choosing to do to minimize the unknown but chaotic effects of possible tariffs, the wall of worry? This morning an article spoke of some companies like HP moving their US-bound laptop production to Taiwan. Anther place was moving it's laptop production. And the company Apple uses for one of it's lines said that while Apple hasn't asked such, they could move US-bound production to a different country. I believe in all cases the production wasn't coming to the US, and it mentioned that parts and production were worldwide, even if some/most/all engineering was in the US. Much like t-shirt production, is it likely to ever come back to the US, or just move? And is there any reason to push to have it come to the US? I'd like to see production via automation come to the US, which also requires a lot of backend support just as in a semiconductor Fab, but I don't really see a human based production coming back. I think this is spot on ! ! Right, those jobs are not coming back and never were coming back. And it’s disingenuous to make uneducated or uninformed people believe it was even a possibility. Production & labor costs are low overseas for most products so that’s where big money can be saved. Public companies (including Apple) have an obligation to maximize profits for their shareholders and for this reason, they must cut costs wherever they can. So, does “patriotism” trump profits for corporations, no. Can we go back to the good ole 50’s & 60’s, 70’s, no. It was a huge mistake to think we could run this country like a real estate company. When it comes to leadership, integrity and character matter and as a leader, you won’t have real success without them. I’m glad we did the “experiment” but we are stuck and can’t take the next step forward until it’s over. Tim Cook is a great leader for Apple, trying to do the right thing on a daily basis and for the most part he is succeeding.
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Post by Luckychoices on Aug 14, 2019 7:27:59 GMT -8
Are you all preparing when China rears it’s ugly head over Hong Kong. Its beginning. Next Black Swan event. China has to get it under control or freedom will spread elsewhere throughout their dominion. Taiwan is still a volatile  shareholder flash point not just trade. Is it safe to manufacture anywhere on the continent? India? I wonder if the Apple Inc Board are having problems sleeping at night. Yeah it’s Trumps fault the  Finance Board, as many here say. I agree with you Macster. Hong Kong is a real concern and so on. Yeah, I hope it does have the board’s attention. Trump didn’t start trade problems but I’m not convinced he has wherewithal to resolve it and his approach may backfire, which would be very bad for the US. This is an interesting take on the Hong Kong protest, benoir: Donald Trump's Response to Hong Kong Protests Leaves Much To Be Desired Don't know if you've read this particular article but the author makes several good points. I would, however, recommend that a couple of folks on AFB *refrain* from reading it because they'd find it too upsetting.
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Post by macster on Aug 14, 2019 8:28:23 GMT -8
I agree with you Macster. Hong Kong is a real concern and so on. Yeah, I hope it does have the board’s attention. Trump didn’t start trade problems but I’m not convinced he has wherewithal to resolve it and his approach may backfire, which would be very bad for the US. This is an interesting take on the Hong Kong protest, benoir: Donald Trump's Response to Hong Kong Protests Leaves Much To Be Desired Don't know if you've read this particular article but the author makes several good points. I would, however, recommend that a couple of folks on AFB *refrain* from reading it because they'd find it too upsetting. Just another take on a impossible situation that China has caused. China canceled 2 US navy port visits for this month. The inevitable is going to happen unless the antifa type protest get under control. Now we all are for freedom but by 2047 China will have complete control of Hong Kong anyways. The US Government can chew gum and proceed on other issues but do you want to inflame China on issues of trade by a serving China an ultimatum on the freedom of HK when it’s written it belong to China? See... whatever a president does you bitch about decisions you agree on and are against. Fairly hypocritical. Blame China, Blame  for the tremendous exposure to the communist government not a US President for this precarious situation, it is not Trumps fault
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platon
Member
"All we can know is that we know nothing. And that's the height of human wisdom.? Tolstoy
Posts: 3,944
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Post by platon on Aug 14, 2019 8:36:22 GMT -8
I agree with you Macster. Hong Kong is a real concern and so on. Yeah, I hope it does have the board’s attention. Trump didn’t start trade problems but I’m not convinced he has wherewithal to resolve it and his approach may backfire, which would be very bad for the US. This is an interesting take on the Hong Kong protest, benoir: Donald Trump's Response to Hong Kong Protests Leaves Much To Be Desired Don't know if you've read this particular article but the author makes several good points. I would, however, recommend that a couple of folks on AFB *refrain* from reading it because they'd find it too upsetting. Typical Libertarian utopian site. What is upsetting about it. A touch of TDS, out of touch with reality and no answers only whining. Pretty equal in its trashing both Repubs and Demos. Should I post some of the criticism of the left on the site? Come to the dungeon and I will post some of the history on why we are in the position we are with China on trade and Hong Kong. Maybe the fault goes back to Truman when he refused MacArthur on putting China back to the stone age during the Korean war in the 50s, or maybe not. This from your article. "There are, of course, limits to what can be done. America couldn't stop the Soviet Union from rolling tanks into Prague in 1967 and couldn't prevent the Tiananmen Square massacre in 1989. If China wants to crush the dissidents in Hong Kong, it will do so." Doesn't matter what Trump does he will be wrong, unless of course he makes everyone here richer than they are by caving to the communists and giving them carte blanc to steamroll us just like the previous administrations have done. I would point out to the author words have never freed a soul from the grips of communism, guns, bullets, bombs and death are the oenly way to deal with left-wing despots, and I don't think anyone is ready for that. What do you think Trump's should say that would fix this?
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