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Post by BillH on Oct 9, 2012 17:33:17 GMT -8
Eric, darling, the post was eff-ing MOVED to another thread... And FYI, this forum is a benevolent dictatorship. ;D Like the other forum then. Move to object! This one seems to have a higher degree of benevolence. (I must note for the record that we haven't launched into Auto's/Furniture/Babes Today since we've been here so data may be lacking...,but still...
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Post by nkmho on Oct 9, 2012 17:39:48 GMT -8
Am I the only one who noticed that our dictator has been playing in her sandbox again? I like the trading range for those nights I don't care to look at the charts. Yup, I sent her some updated code to add in those ranges and volume info. Just wait until trading hours hit, and the box will update every 2 seconds or so.
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Mav
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Post by Mav on Oct 9, 2012 17:49:53 GMT -8
Whoa, real-time updates on the forum? Sweet!
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Post by nate010203 on Oct 9, 2012 17:58:04 GMT -8
Every single time apple has fallen it has regained its strength to make new highs weeks or months later.
Apple outperformed the nasdaq today by a large margin.
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Post by lovemyipad on Oct 9, 2012 18:01:04 GMT -8
Am I the only one who noticed that our dictator has been playing in her sandbox again? I like the trading range for those nights I don't care to look at the charts. LOL, yes! Thanks to nkmho, who wrote the code for us! EDIT: Maybe I should finish reading ALL new posts before I post!!!
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Mav
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Post by Mav on Oct 9, 2012 18:21:22 GMT -8
The info is only available on the home page. Guess I'll have to keep an extra browser window open.
Also, might be more useful near the top? Gotta scroll down to see the price data.
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Post by jeffi on Oct 9, 2012 18:41:55 GMT -8
Keep it simple people, if money is involved, there is manipulation. We have a winner! Of course the big money tries to manipulate with size. On the other hand, because of size Apple is the least manipulated. I'm not talking about FUD manipulation. People try that all the time. It has the most impact on small cap stocks and the least impact on large caps (AAPL). The computerized trading that the street complains about may in fact impact short term price movements (for short periods of time). Interestingly, small investors can actually game them as long as they have the luxury of time. Most manipulation is imagined just like conspiracy theories. Emotional people (as compared to rational ones) love conspiracy theories.
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Mav
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Post by Mav on Oct 9, 2012 18:42:32 GMT -8
iPad isn't rational?
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Post by kloot on Oct 9, 2012 18:42:33 GMT -8
Am I the only one who noticed that our dictator has been playing in her sandbox again? I like the trading range for those nights I don't care to look at the charts. Yup, I sent her some updated code to add in those ranges and volume info. Just wait until trading hours hit, and the box will update every 2 seconds or so. curious, what are you using for "real-time" quotes? scraping google finance or API call to a provider?
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Post by lovemyipad on Oct 9, 2012 18:44:24 GMT -8
Me, me, me!!!!!!!!!!!!!!! I love conspiracy theories!!!!!!!!!!!!!!! Well, I love stories in general.
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Mav
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Post by Mav on Oct 9, 2012 18:45:00 GMT -8
iPad is irrational!
Oh crap did I just post that out loud
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Post by lovemyipad on Oct 9, 2012 18:50:50 GMT -8
Must be. By definition. ;D
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Post by nkmho on Oct 9, 2012 18:54:46 GMT -8
Yup, I sent her some updated code to add in those ranges and volume info. Just wait until trading hours hit, and the box will update every 2 seconds or so. curious, what are you using for "real-time" quotes? scraping google finance or API call to a provider? I get the data from Google Finance through their undocumented API that returns a JSON object. I think it uses the same calls that Google Finance make to fetch data for charts.
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Post by jeffi on Oct 9, 2012 19:02:24 GMT -8
Must be. By definition. ;D Yes... I'm exaggerating to make a point. Every time the Apple's stock drops more than 5% the comments about manipulation expand exponentially. As an FYI... Manipulation works to send prices up as well. Oddly, few complain about that. Rational... ?
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Mav
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Post by Mav on Oct 9, 2012 19:04:22 GMT -8
Perfectly (understandable)! Most retail market participants are "optimists" (longs), so they don't care when their stocks shoot up. I don't begrudge 'em one bit.
But learning to hedge and even short, if only tactically, make for good tools to have at least for those who trade. As is keeping emotion out of the equation whenever possible.
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Post by ccs on Oct 9, 2012 19:06:11 GMT -8
Being an emotional guy myself and after reading several posts about others gut feelings/pits in the stomach etc and applying all the many, MANY technical indicators that offer support at this level begs the question, "How many of you feel a sense of relief after today?" Weird?
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4aapl
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Post by 4aapl on Oct 9, 2012 19:06:21 GMT -8
Yes, if any or all of the tax rate changes that are set to change happen, it will affect things to some extent. I'm not happy about it, and will likely sell most to all of my long term gains if all of the changes are going through, and likely even if there's just the 3.8% bump on gains over $250k. Likewise, if the rates change for normal income, I'm likely to become a little less risky. It changes the risk/net reward ratio, afterall. But it looks like spreads, even when held long term, don't count as long term gains. If anyone has info to the contrary I'd love to hear about it as it affects me a great deal. And unfortunately due to a messup when Jan '12 spreads expired, it looks like all of my common shares of AAPL are now currently in the short term range. Long story short, the potential tax rate changes won't affect everyone, but will definitely affect some. Unlike back in 2010 where I sold a couple thousand long term shares in July, and buying them back, I'll be waiting until late December to make any major decisions based on possible (and at least partially probable) changes to taxes for future years.
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Mav
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Post by Mav on Oct 9, 2012 19:09:14 GMT -8
I saw today as "within expectations", actually. The last part of the day is of some concern, because the narrative isn't as "perfect" as I'd like it to be. AAPL didn't touch the SMA-100; AAPL had huge volume, but its bounce off the SMA-100 wasn't as explosive as the bounce off the SMA-50. Still a strong recovery, but not a super-strong one.
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Post by Tetrachloride on Oct 9, 2012 19:17:29 GMT -8
Me, me, me!!!!!!!!!!!!!!! I love conspiracy theories!!!!!!!!!!!!!!! "How long do you think iPad has been planning this forum ?" "Since before I was born." www.imdb.com/title/tt0465580/
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Post by mbeauch on Oct 9, 2012 19:19:39 GMT -8
There are two sides of the trade, the long and the short open and the long and short close. There is no spread price for tax purposes. We have accountants here who can elaborate. I bought my first spread in Feb so I have not gone through a tax season yet. To be honest, my taxable account is all-in and there was no way I was going to sell at anytime just because of the tax implications. The thought of selling now and locking in a higher tax obligation was not an option. Been down that road before. Locked in gains in 2007 and had a tax bill in 2008 when the market/AAPL had gone into the toilet. This account is spread from Jan 13, April and Jan 14. I will manage my tax implications later in the year.
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Deleted
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Post by Deleted on Oct 9, 2012 19:29:13 GMT -8
I'm not impressed with the scottrade mobile app. Are there other brokerages that offer better mobile experiences? I was thinking of transferring my accounts to TD ameritrade so that I could trade BCS's. What brokerages do you guys use? I'd like to have all my common positions with my option accounts and be able to access both on my iPhone. I use OptionsXpress, have the mobile app, but don't use it. With the iPhone 5 and Safari mobile I can access OX faster than I can on my MacBook Pro.
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Post by kloot on Oct 9, 2012 19:46:27 GMT -8
curious, what are you using for "real-time" quotes? scraping google finance or API call to a provider? I get the data from Google Finance through their undocumented API that returns a JSON object. I think it uses the same calls that Google Finance make to fetch data for charts. thanks, was thinking of using the same for a personal app.
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Post by nkmho on Oct 9, 2012 19:54:57 GMT -8
I get the data from Google Finance through their undocumented API that returns a JSON object. I think it uses the same calls that Google Finance make to fetch data for charts. thanks, was thinking of using the same for an personal app. This should help: stackoverflow.com/a/5671598
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4aapl
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Post by 4aapl on Oct 9, 2012 19:56:00 GMT -8
There are two sides of the trade, the long and the short open and the long and short close. There is no spread price for tax purposes. We have accountants here who can elaborate. Yes and no. According to "Capital Gains, Minimum taxes", along with the IRS pubs and any of the very few online sources I could find about potential long term rates on options spreads, all said they were considered straddles. The IRS definition of a straddle is much different than the common option term, having to do with any to most offsetting positions. And the basics are that unless you held a position to long term status before or after having an offsetting position, it's considered short term. BTW, this includes covered calls, if you didn't hold the stock for over a year before writing a call against it. I'd love to hear differently, as it makes a very large difference in my tax bill over the next few years. But now that this is all being reported to the IRS, there's not the wiggle room that there might have been before. I still need to talk to an options expert I know of in town, who owns options.com or something big like that. This is a much different set of rules than I had understood in the past, but all of my searching so far has confirmed it. For someone with a 4 or 5 figure gain from it, it might slide by the IRS to interpret it differently. But when you start getting much larger than that, I feel it's likely a person or a computer is going to take a look at those gains and compare them to the numbers reported from your broker, and likely do the math on it to make sure you are reporting the figures in the proper way. But again, I'd love to hear of a different interpretation, especially if it has legal precedence with respect to options spreads.
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Post by chasmac on Oct 9, 2012 19:56:14 GMT -8
Yeah, except EOs are REAL!!!!!!!!!!! ;D My personification of market forces as "Evil Overlords" is analogous to Graham's Mr. Market. And I have always maintained that EOs are equal opportunity hunters manipulating the markets up AND down. So, what part do orders entered and cancelled by HFTs play a part in movement? I know someone that's doing some interesting research in this area.
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Post by Apple II+ on Oct 9, 2012 19:58:40 GMT -8
Wow, a straight up answer post got moderated? Is this forum going to be as effed-up as the last forum? Yes, in the sense that the same people post the same nonsense. Just take a look in the dungeon. But hey, some of them post valuable stuff sometimes, too. Also, you make it sound like the post got deleted. But it was just moved to the dungeon where it belongs.
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Post by kloot on Oct 9, 2012 20:50:35 GMT -8
thanks, looks like google is turning off the API on oct 20. it appears yahoo has one we can use though.
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Post by rosie on Oct 9, 2012 21:38:53 GMT -8
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Post by adamthompson32 on Oct 9, 2012 21:52:28 GMT -8
Wow. Hope Nate reads this before it's too late!! Great stuff!
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Mav
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Post by Mav on Oct 9, 2012 22:44:00 GMT -8
I think I heard Andy pounding the table a bit there. I'm in Tier 1 at the moment. Can AAPL return to leading the market as early as tomorrow is the short-term question.
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