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Post by lovemyipad on Mar 22, 2013 17:43:53 GMT -5
THIRD CONSECUTIVE GREEN WEEKLY CANDLE!!!  |
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Post by Red Shirted Ensign on Mar 22, 2013 18:17:54 GMT -5
For the first time in months I find myself breathing a little easier.
Samsung and Blackberry have both had their opportunities to pound on Apple, but neither has succeeded to any great degree. Google appears more vulnerable than ever with Samsung choosing not even to mention anything about it or its OS in the rollout of the (disappointing...at least now) S4, senior management shakeups, security problems and just Google being Google. If they can cancel products like Google Reader....hmmm?
As for Blackberry, a dozen new phones sold today at a midtown NYC At&T store....yikes. Well, let's wait for the one with the physical keyboard....that will do it.
Meanwhile Apple wins customer and industry quality surveys, keeps making money and one of these days will deal with that growing cash pile.
Better to be in the stock than out, in my opinion, right now...
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Mav
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Post by Mav on Mar 22, 2013 18:48:02 GMT -5
Copypasta from Intraday: The outlook looks much better but anything can happen. Same as it ever was.  Some technicals types should now agree that the bottom is in until it isn't. In this camp. Appledoc is apparently not. Damn, Mace and me agreeing again. That can't be good. ;D But note my fairly careful choice of words - the bottom is in until it isn't. AAPL is doing well now with the bull flag in play but it can't stay stuck in second gear (or go retrograde) now, when quite a few micro signs are bullish. Ah, the endless challenge of measuring composure. Fun stuff.  |
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Post by macwire on Mar 22, 2013 19:46:38 GMT -5
Nice bar on the weekly. Maybe a tilted looking inverted h and s. I thought it resolved earlier but it looks like it is now.
I'd say be weary of light volume but we've grinded higher in past few weeks on meandering volume. Meh.
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Mav
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Post by Mav on Mar 22, 2013 19:49:44 GMT -5
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marcellus
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Post by marcellus on Mar 22, 2013 20:09:03 GMT -5
Very bullish today. Impressive that we hurdled the $460 wall of calls, considering the volume could have allowed a sub-$460 finish. This is one of those rare weeks, absent a catalyst, that sellers refused to sell.
The question: Is there some news leaking about Apple's cash plans among the powers that be? Or, is it simply rationality returning to this stock?
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Mav
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Post by Mav on Mar 22, 2013 20:13:59 GMT -5
This latest booster shot to AAPL seems to actually be holding this time. Far as I can tell, cash stuff is more in the background (there's been multiple rumors in the past couple weeks or so).
So if I had to pick one, I'd say AAPL is trading more rationally at the moment. Not worrying about mid/late April...yet.
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Post by lovemyipad on Mar 22, 2013 20:34:20 GMT -5
In a market of bloated pigs, AAPL seems the obvious choice. But many here have thought as much for quite a while, so we'll just have to wait and see if what's obvious to us is obvious enough to everyone else yet.  Ditto the meh re: volume. We've melted up and down on lame volume. If it's time to melt up, then melt up we shall. |
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Mav
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Post by Mav on Mar 22, 2013 20:40:48 GMT -5
Volume on the SPY was 111M, for example. It's not an AAPL-specific "problem" today. And at 14M, volume is a bit low for AAPL, but not terribly so. See very late June 2011, for example.
For a melt up, it was pretty powerful. Because of the lower volume, the bears in theory had better odds to prevent AAPL from getting at 460, and steal possession from the bulls or throw them into disarray. But Da Bears were nowhere to be found, in a sense. And bears haven't been known to hibernate when they sense opportunity. If you ask me, the fight worth having is the Battle for 460+, not the Battle on the Way to 485.
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Post by lovemyipad on Mar 22, 2013 21:30:01 GMT -5
What effect do you suppose the new option minis might have? I was just perusing OI for JAN'15 and noticed the little guys have made quite a few sales.
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Post by lovemyipad on Mar 22, 2013 21:31:12 GMT -5
Volume on the SPY was 111M, for example. It's not an AAPL-specific "problem" today. And at 14M, volume is a bit low for AAPL, but not terribly so. See very late June 2011, for example. For a melt up, it was pretty powerful. Because of the lower volume, the bears in theory had better odds to prevent AAPL from getting at 460, and steal possession from the bulls or throw them into disarray. But Da Bears were nowhere to be found, in a sense. And bears haven't been known to hibernate when they sense opportunity. If you ask me, the fight worth having is the Battle for 460+, not the Battle on the Way to 485. Da Bears helped fuel the rally with their popped stops. |
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Mav
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Post by Mav on Mar 22, 2013 23:01:23 GMT -5
You could say that on any up day. |
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Post by qualitywte on Mar 23, 2013 8:39:12 GMT -5
Very bullish today. Impressive that we hurdled the $460 wall of calls, considering the volume could have allowed a sub-$460 finish. This is one of those rare weeks, absent a catalyst, that sellers refused to sell. The question: Is there some news leaking about Apple's cash plans among the powers that be? Or, is it simply rationality returning to this stock? Cash plan news could be a catalyst, but how will that reconcile with perceived weak earnings? Will it balance out or will one trump the other? |
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Post by lovemyipad on Mar 23, 2013 9:18:24 GMT -5
You could say that on any up day. YES! And may they continue trying and failing to call the TOP of this upwave -- fair's fair and all. ;D |
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Post by joel90069 on Mar 23, 2013 11:04:45 GMT -5
Anyone else having trouble loading AFB pages the last couple of days? Seems okay on my IOS devices but a problem on my Mac Book Air.
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chinacat
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Post by chinacat on Mar 23, 2013 11:22:29 GMT -5
Anyone else having trouble loading AFB pages the last couple of days? Seems okay on my IOS devices but a problem on my Mac Book Air. Same here  |
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Post by Lstream on Mar 23, 2013 11:43:53 GMT -5
Yes, very slow loading.
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Post by lovemyipad on Mar 23, 2013 11:59:25 GMT -5
Seems to be a broad Proboards thing -- I went to the support site and read that they're working on fixing "loading problems."
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Post by lovemyipad on Mar 23, 2013 12:01:57 GMT -5
RE: volume... I made a chart showing declining volume "coming out of key bottoms" and "going into key tops." (Click once to zoom, and again a second time to get full size.) AAPL WEEKLY CHART:  |
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Post by joel90069 on Mar 23, 2013 12:03:37 GMT -5
Seems to be a broad Proboards thing -- I went to the support site and read that they're working on fixing "loading problems." Thanks. Probably EO sabotage. |
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