Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
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Post by Mav on Mar 19, 2013 23:53:48 GMT -8
In all earnestness, I hope "Cypriot" doesn't take on new meaning in the days or weeks ahead. Yes, I am fully aware this ceased to be an original thought about 10 seconds after news of the potential bank levy hit the airwaves.
More structural reform, less manufactured crises please. Something I think most of us can agree on.
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Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
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Post by Mav on Mar 19, 2013 23:57:35 GMT -8
Apple PR? Cleanup in Aisle 3? Or at least an explanation of why Lynch is all cool with Apple now. Geez. Lucky for Gruber and Co., they were sitting on a gold mine there. www.youtube.com/watch?v=ZNtTfFDena4Er...... riiiiight...well, I e-mailed Tim about it. Apparently, his email is tcook@apple.com in case you wanted to e-mail him too. |
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Post by phoebear611 on Mar 20, 2013 2:53:16 GMT -8
Markets and AAPL up in pre-market. The Cypriot move being categorized as "sheer stupidity" by some pundits. The lack of any follow through or unsettled populace in places like Spain and Italy giving comfort to the markets that this is a one-off and that the very poor judgement used in this decision should never be replicated. Germany didn't want to lend the Cypriots an add'l 7 bln Euro .... so instead markets wiped out over 500 bln of value since this was decision happened.
I remember someone wise telling me to stop and think before you speak and act. The issue in Europe and quite frankly just about everywhere else is that most politicians have a comedic/acting background and zero economic background.
Cheers to the longs!
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Post by Big Al on Mar 20, 2013 3:46:46 GMT -8
Markets and AAPL up in pre-market. The Cypriot move being categorized as "sheer stupidity" by some pundits. The lack of any follow through or unsettled populace in places like Spain and Italy giving comfort to the markets that this is a one-off and that the very poor judgement used in this decision should never be replicated. Germany didn't want to lend the Cypriots an add'l 7 bln Euro .... so instead markets wiped out over 500 bln of value since this was decision happened. I remember someone wise telling me to stop and think before you speak and act. The issue in Europe and quite frankly just about everywhere else is that most politicians have a comedic/acting background and zero economic background. Cheers to the longs! The problem with most politicians is that they will do whatever it takes to stay in office, even if this goes against the public welfare. |
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Post by tourist on Mar 20, 2013 4:08:42 GMT -8
The issue in Europe and quite frankly just about everywhere else is that most politicians have a comedic/acting background and zero economic background.! Hey, all politicians may be clowns, but that doesn't mean they have a comedic/acting background! |
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Post by artman1033 on Mar 20, 2013 4:10:00 GMT -8
THIS website is SO nifty. This is how it was in 1969 for me.
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Post by lovemyipad on Mar 20, 2013 4:22:21 GMT -8
Fed Day. Watch out for whipsaws.
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Post by qualitywte on Mar 20, 2013 4:24:27 GMT -8
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Post by lovemyipad on Mar 20, 2013 4:34:52 GMT -8
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Post by lovemyipad on Mar 20, 2013 4:37:57 GMT -8
Germany didn't want to lend the Cypriots an add'l 7 bln Euro .... so instead markets wiped out over 500 bln of value since this was decision happened. Sooooo true!!! And kinda reminds me of the original AAPL dividend debate pre-705. |
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Post by ongba on Mar 20, 2013 5:26:23 GMT -8
Lovemyipad, Is that your site/blog? |
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Post by prazan on Mar 20, 2013 6:04:02 GMT -8
Lovemyipad, Is that your site/blog? Not to my knowledge. A former AFB member runs it. |
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Post by prazan on Mar 20, 2013 6:19:58 GMT -8
I'm assuming you took advantage of the intraday reversal he called. |
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Post by mace on Mar 20, 2013 7:03:58 GMT -8
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macorange
Member
My actual dog is cuter.
Posts: 60
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Post by macorange on Mar 20, 2013 7:10:51 GMT -8
Today's early action seems particularly fishy to me. AAPL sentiment has clearly been on the rise for the last few days. It was also clearly on the rise pre market. Then the market opens and BOOM, an immediate substantial sell off - against the flow of the overall market.
WHY??
There is no news to justify this action. If this is still part of a general trend of managers dumping shares, why did this not occur the last few days before?
Without any obvious explanation, I'm left with the very conspiracy theories I loathe to believe in: that there are short players who deliberately, and in a loosely coordinated fashion, seek to manipulate sentiment by driving the stock down at key opportunities.
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Post by sponge on Mar 20, 2013 7:25:33 GMT -8
Today's early action seems particularly fishy to me. AAPL sentiment has clearly been on the rise for the last few days. It was also clearly on the rise pre market. Then the market opens and BOOM, an immediate substantial sell off - against the flow of the overall market. WHY?? There is no news to justify this action. If this is still part of a general trend of managers dumping shares, why did this not occur the last few days before? Without any obvious explanation, I'm left with the very conspiracy theories I loathe to believe in: that there are short players who deliberately, and in a loosely coordinated fashion, seek to manipulate sentiment by driving the stock down at key opportunities. I agree, but usually there is some underlying news to justify it. SAN FRANCISCO (MarketWatch) -- Apple Inc. saw its price target cut to $600 from $650 at Canaccord Genuity, with the broker citing lower sales estimates for the iPhone. In a note to clients, analyst Mike Walkley said he believes Apple will launch its next iPhone model, the 5S, during the third calendar quarter of this year, compared to his previous belief of a June launch. He also cited that could cause Apple to lose market share in the first half of this year. "Longer term, we maintain our belief Apple has a strong product pipeline that should result in reaccelerating year-over-year earnings growth during the Sept. quarter," he wrote, leaving his buy rating on the stock. Apple shares were last trading down 0.8% to $450.81./b]
It is risky buy I bought back a few shares that I sold off yesterday. I think we are building a base above 450 and the lows are behind us. Still expect a nice steady move upward that will start in earnest late next week or first week of April. |
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Post by appledoc on Mar 20, 2013 7:25:41 GMT -8
Today's early action seems particularly fishy to me. AAPL sentiment has clearly been on the rise for the last few days. It was also clearly on the rise pre market. Then the market opens and BOOM, an immediate substantial sell off - against the flow of the overall market. WHY?? There is no news to justify this action. If this is still part of a general trend of managers dumping shares, why did this not occur the last few days before? Without any obvious explanation, I'm left with the very conspiracy theories I loathe to believe in: that there are short players who deliberately, and in a loosely coordinated fashion, seek to manipulate sentiment by driving the stock down at key opportunities. Uptrends embedded in downtrends get sold. The positive sentiment we've seen in the short term has peaked IMO. |
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Post by appledoc on Mar 20, 2013 7:28:10 GMT -8
It is risky buy I bought back a few shares that I sold off yesterday. I think we are building a base above 450 and the lows are behind us. Still expect a nice steady move upward that will start in earnest late next week or first week of April. What happened to buy and hold? Why bother trying to scalp a few points here if you see almost a double before the end of the year? |
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Post by mace on Mar 20, 2013 7:31:25 GMT -8
Without any obvious explanation, I'm left with the very conspiracy theories I loathe to believe in: that there are short players who deliberately, and in a loosely coordinated fashion, seek to manipulate sentiment by driving the stock down at key opportunities. Break above $460 to challenge $485 or back to downtrend to fill the gap, $432-$438. Shorts have to short hard, otherwise, the momentum upwards could be quite strong once AAPL broke above $460. Many swing/trend traders would jump in. |
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Post by sponge on Mar 20, 2013 7:32:45 GMT -8
It is risky buy I bought back a few shares that I sold off yesterday. I think we are building a base above 450 and the lows are behind us. Still expect a nice steady move upward that will start in earnest late next week or first week of April. What happened to buy and hold? Why bother trying to scalp a few points here if you see almost a double before the end of the year? You forget that I am maxed out on margin. When I sell I do so to protect to the down side. I have given myself some cushion and as the cushion gets bigger I start to buy more with margin power. Not doing it to make money, but if I do then I won't complain. The future is here and it is coming very quickly. www.macrumors.com/2013/03/20/walmart-expanding-scan-go-iphone-self-checkout-to-over-200-stores/ |
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Post by mace on Mar 20, 2013 7:38:27 GMT -8
It is risky buy I bought back a few shares that I sold off yesterday. I think we are building a base above 450 and the lows are behind us. Still expect a nice steady move upward that will start in earnest late next week or first week of April. What happened to buy and hold? Why bother trying to scalp a few points here if you see almost a double before the end of the year? He is not a true blue buy n hold. Buy n hold don't use margin or trade derivative. He is a hybrid, hold a core position and trade around it. |
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Post by sponge on Mar 20, 2013 7:47:40 GMT -8
Without any obvious explanation, I'm left with the very conspiracy theories I loathe to believe in: that there are short players who deliberately, and in a loosely coordinated fashion, seek to manipulate sentiment by driving the stock down at key opportunities. Break above $460 to challenge $485 or back to downtrend to fill the gap, $432-$438. Shorts have to short hard, otherwise, the momentum upwards could be quite strong once AAPL broke above $460. Many swing/trend traders would jump in. I think that if Apple were to announce a new redesigned iPad by May, we could see a very strong move following April earnings above 500. Then by June once we get rumors regarding a China Mobile deal with a new iPhone by July, then that would move us into 550 range. Without those it will be tough to break 500. |
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Post by mace on Mar 20, 2013 7:47:59 GMT -8
The positive sentiment we've seen in the short term has peaked IMO. Too early to say this. Could be doing Bullish Rising Three Methods. Unless $440 is broken below, the probability of a charge above $460 cannot be ruled out (on Friday most probably). Max pain is $440, highest OI (calls) is $450 and soon be $460. Bears are fighting for their life because above $460 means strong rally towards $485, and likely beyond for the next few weeks. |
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Post by appledoc on Mar 20, 2013 7:57:45 GMT -8
The positive sentiment we've seen in the short term has peaked IMO. Too early to say this. Could be doing Bullish Rising Three Methods. Unless $440 is broken below, the probability of a charge above $460 cannot be ruled out (on Friday most probably). Max pain is $440, highest OI (calls) is $450 and soon be $460. Bears are fighting for their life because above $460 means strong rally towards $485, and likely beyond for the next few weeks. That would all be fine by me. I've just seen this same pattern repeat over and over again. Bulls get to the 61.8% retrace and can't claim it. I'll change my tune when that stops happening. I still see new lows in the coming weeks. |
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Mar 20, 2013 8:04:29 GMT -8
Too early to say this. Could be doing Bullish Rising Three Methods. Unless $440 is broken below, the probability of a charge above $460 cannot be ruled out (on Friday most probably). Max pain is $440, highest OI (calls) is $450 and soon be $460. Bears are fighting for their life because above $460 means strong rally towards $485, and likely beyond for the next few weeks. That would all be fine by me. I've just seen this same pattern repeat over and over again. Bulls get to the 61.8% retrace and can't claim it. I'll change my tune when that stops happening. I still see new lows in the coming weeks. I was browsing Unique's blog and he says Apple is no longer in an intermediate bear trend...it's neutral now. Anything above $460 is bullish, anything below $440 and we'll start dropping levels again, key is to hold $448 support. It seems everyone using TA has a different opinion though...but I guess you could make that argument with fundamental analysis too. If only this were simple  |
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Post by seabiscuit on Mar 20, 2013 8:23:51 GMT -8
Today's early action seems particularly fishy to me. AAPL sentiment has clearly been on the rise for the last few days. It was also clearly on the rise pre market. Then the market opens and BOOM, an immediate substantial sell off - against the flow of the overall market. WHY?? There is no news to justify this action. If this is still part of a general trend of managers dumping shares, why did this not occur the last few days before? Without any obvious explanation, I'm left with the very conspiracy theories I loathe to believe in: that there are short players who deliberately, and in a loosely coordinated fashion, seek to manipulate sentiment by driving the stock down at key opportunities. I think part of the problem is that sentiment has not turned completly - lots of traders playing the interday moves and probably lots of retail who bought on the way down sell when they get back to even. Just a thought. |
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Post by appledoc on Mar 20, 2013 8:24:03 GMT -8
My guess would be that we weren't in an intermediate bear trend on our way to 484 or 555 or 594...
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Post by joel90069 on Mar 20, 2013 8:41:42 GMT -8
I think we've begun our pin to 450. There is a large amount of OI in the weeklies there. Unless there is some news between now and Friday, we're not going anywhere.
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Post by phoebear611 on Mar 20, 2013 9:10:28 GMT -8
At what point will this market punish companies for losing money? I just want to be around to see this one plummet. Seems CNET is reporting that AMZN may be coming out with a $99 Kindle Fire (which currently sells at $199). To be honest - I hope AAPL buys a million just for shits and giggles - and losses to AMZN. It would be snack money for AAPL to do that!  news.cnet.com/8301-1035_3-57575367-94/amazon-heating-up-$99-kindle-fire-claims-report/ |
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Post by rickag on Mar 20, 2013 9:21:19 GMT -8
I think we've begun our pin to 450. There is a large amount of OI in the weeklies there. Unless there is some news between now and Friday, we're not going anywhere. Agreed. The short term kicker is when or if Apple announces a buyback and/or increases dividend. |
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