Week Ending 09/06/13: $498.22 (+11.00)

[qualitywte]

Damn, no weekend thread yet?.... and with a new dual iPhone launch next week. This board is weak!

[marcellus]

Yep.

And when someone gets around to it, here's a dumb "analyst" who needs to be held accountable, having his head up his ass. He predicted this would be the first iPhone launch without lines. Meanwhile, the queue is starting NOW for Sept. 20 availability.

news.investors.com/technology-click/072513-665112-apple-customers-might-wait-for-iphone-6-to-upgrade.htm

[Mav]

LOL. Paging Chris Caso.

Though I'd have to think a lot of the forming lines are marketing stunt/rather-sad-attention-seeking deals. In this era of all-day, every-day, pick-a-source Apple info, it takes people hiding under seriously large rocks to NOT know standard operating procedure for iPhone launches. Order within the first couple hours if you can. Or within 15-30 minutes every day or so for nearby Apple Stores if supplies are limited whenever stock refreshes until you succeed. Done. And heck, maybe even walk into the store on launch day for iPhones ending in "S".

[rickag]

Shamelessly stolen from a post at Arstechnica, by inpher.

Post by inpher

The Digital Hub

I don't think we are there yet, And I don't think Apple thinks we are there yet. Could the new Mac Pro portend the future of a central iHub? It's smaller than a sheet of paper and its design is elegant. Regardless, a very interesting thread, meanwhile I'm still waiting on my xMac.

[qualitywte]

Sept 6, 2013 20:17:46 GMT -5 Mav said:

LOL. Paging Chris Caso.

Though I'd have to think a lot of the forming lines are marketing stunt/rather-sad-attention-seeking deals. In this era of all-day, every-day, pick-a-source Apple info, it takes people hiding under seriously large rocks to NOT know standard operating procedure for iPhone launches. Order within the first couple hours if you can. Or within 15-30 minutes every day or so for nearby Apple Stores if supplies are limited whenever stock refreshes until you succeed. Done. And heck, maybe even walk into the store on launch day for iPhones ending in "S".

It's all because Apple knows they'll sell a buttload and will have them ready to put in the hands of happy consumers. Add CM and DoCoMo and the world will be full of happy iPhone owners!

[Red Shirted Ensign]

I don't want to be accused of hyperbole, but the next three weeks could signal the biggest sea change in Apple's fortunes since 2007.

Using Katy Huberty's numbers and adding a modest sweetener for the accelerated trade in program, 30 days from now we could be ..(gasp).

Then we get new iPads...

[lovemyipad]

Thank you for opening the bar! I was out all evening -- Toronto Film Festival! ;D

[Mav]

Sept 6, 2013 21:30:33 GMT -5 Red Shirted Ensign said:

I don't want to be accused of hyperbole, but the next three weeks could signal the biggest sea change in Apple's fortunes since 2007.

Using Katy Huberty's numbers and adding a modest sweetener for the accelerated trade in program, 30 days from now we could be ..(gasp).

Then we get new iPads...

I'm not sure about _Apple_, but _AAPL_? Just maybe. I have enough riding on the first trade to be happy if it meets even 1/3 of my expectations. Other potentially hilarious trigger trades might be added on a channel breakout or, even more hilariously, if I _think_ there might be a breakout. Ah, front-running. ;D

[sponge]

All in. Dodging margin calls.

If we hit 550 in one month I will make up all of my option losses in the last 12 months.

A year from now we will be very happy and two years amazed where the stock will be.

LEAPS are your ticket.

[Mav]

Uh oh.

[Red Shirted Ensign]

Sept 6, 2013 22:30:08 GMT -5 Mav said:

Uh oh.

Deja vu...

[JDSoCal]

Now he tells me.

Turn those machines back on!

[marcellus]

Sept 6, 2013 21:30:33 GMT -5 Red Shirted Ensign said:

I don't want to be accused of hyperbole, but the next three weeks could signal the biggest sea change in Apple's fortunes since 2007.

Using Katy Huberty's numbers and adding a modest sweetener for the accelerated trade in program, 30 days from now we could be ..(gasp).

Then we get new iPads...

Then again, you might have a drinking problem... ;D

[marcellus]

Sept 6, 2013 22:28:44 GMT -5 sponge said:

All in. Dodging margin calls.

If we hit 550 in one month I will make up all of my option losses in the last 12 months.

A year from now we will be very happy and two years amazed where the stock will be.

LEAPS are your ticket.

Thanks a lot Sponge, you just accomplished what 1,000 car threads could not have...

[Mav]

"If we hit 550 in one month I will make up all of my option losses in the last 12 months" has an...opposite statement as well.

I hope you accounted for IV or used an IV-neutral strategy there sponge. I expect some serious deflation after Tuesday.

[sponge]

Yes Mav

I don't have to sell until Jan 14

Made half the losses today

[Mav]

That implies you lost, say $10K in 12 months and bet 3-5 times as much on Jan 14s (which, as you know, haven't been LEAPs since around Dec 12).

Hopefully you _have_ been scaling into options during the downtrend. That would be very helpful.

[chinacat]

JD,

(too tired to quote from the Intraday thread)

Sorry to be a Gloomy Gus. Guess I'm just worn out as I approach the one year anniversary of my brilliant "buy the f'n dip" purchase at $655. It's been a long hard trek since then. I'm still totally bullish on Apple, just feeling a bit cynical about AAPL. I mean let's face it...the biggest catalyst since then has been a frickin' tweet.

Maybe I was just a year early in my optimism. All signs are good, let's just hope that the market finally wakes up and gives the best company on earth its due.

[Red Shirted Ensign]

Sept 6, 2013 23:24:49 GMT -5 marcellus said:

Sept 6, 2013 21:30:33 GMT -5 Red Shirted Ensign said:

I don't want to be accused of hyperbole, but the next three weeks could signal the biggest sea change in Apple's fortunes since 2007.

Using Katy Huberty's numbers and adding a modest sweetener for the accelerated trade in program, 30 days from now we could be ..(gasp).

Then we get new iPads...

Then again, you might have a drinking problem... ;D

That, too, is a possibility.

But I prefer the other alternative (burp)

[Mav]

chinacat, technicals (yeah yeah Mercel) helped objectively determine that AAPL turned the corner around 440. Breaking price trendlines isn't something too open to interpretation, which means a way to combat uncertainty and emotion - can't prevent it, but as least there's a principled approach available to see how AAPL's been doing.