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Post by Red Shirted Ensign on Dec 19, 2014 20:18:14 GMT -5
You all know the drill. I've got a starship to run..,
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Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,766
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Post by Mav on Dec 19, 2014 20:21:42 GMT -5
Happy holidays to all a bit early, and congrats to any savvy/brave/lucky dip buyers. Maybe AAPL gets more interesting after the new year.
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jz
Member
"Study the natural order of things and work with it rather than against it." -- Lao Tsu
Posts: 159
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Post by jz on Dec 19, 2014 20:47:46 GMT -5
I'm happy to share that your AFB postings this week helped guide some seemingly prescient trades. I have not traded much this year ... Still in time out/recovering from the spanking I took on some options the last time AAPL broached 700. So, it sure feels good to capitalize on the volatility. The bar is open, happy hour begins. Cheers to AAPL Lovers.  |
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Post by jmolloy on Dec 19, 2014 21:38:56 GMT -5
Ta, Mav... I got a sherbet lemon, but perhaps that means nothing in the US... I'll have to check. |
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Post by phoebear611 on Dec 20, 2014 8:25:35 GMT -5
Light volume this week...I've got a feeling we gravitate higher.
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Post by nathanstevens on Dec 20, 2014 11:48:24 GMT -5
I'm cautiously optimistic that the price will push through and stay above the 20 day MA. However, I'm still not ruling out a trip down to the 100 day area (104.5).
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Post by phoebear611 on Dec 20, 2014 14:35:20 GMT -5
Nathan - you and every other technician is saying that. There needs to be some confirmation at a certain level - a new AH I believe. The pull back we had down to 109 only met the minimum level. Doesn't mean it does not suffice but it makes the count more unpredictable so pulling back to the low $100's can't be completely ruled out yet . Most important word : YET!
It's the season to believe!
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Post by nagrani on Dec 20, 2014 15:05:53 GMT -5
I think the low gas prices have given everyone in the us a nice bump in discretionary spending which bodes well for a consumer products company like apple. Also - given many corp have tons of cash on their balance sheet - I think it's a good time for the IBM / apple deal to flourish. When apple was trading at 109 earlier this week - I scooped in and bought a decent position in the jan 2016 100 calls. Plan is to ride it out to all apple gets to 119 and 120. Will reassess then. Market wants to go up
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Post by roni on Dec 20, 2014 15:38:41 GMT -5
I think we are cleared for takeoff, but we might have to go back to the gate are and de-ice one more time before heading to new altitudes.
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Ted
Member
Posts: 681 
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Post by Ted on Dec 20, 2014 19:15:31 GMT -5
I think we are cleared for takeoff, but we might have to go back to the gate are and de-ice one more time before heading to new altitudes. I agree, though I'd categorize it more as a little turbulence on the way to the jet stream...  And with that in mind I nibbled last week, buying back some short calls on a 2016 BCS, adding a bit to BABA leaps and bought a nice piece of Chevron, which is already up 9% (with a 4+% divvie!). Who says you can't time the market?  |
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Post by nathanstevens on Dec 20, 2014 20:07:48 GMT -5
Nathan - you and every other technician is saying that. There needs to be some confirmation at a certain level - a new AH I believe. The pull back we had down to 109 only met the minimum level. Doesn't mean it does not suffice but it makes the count more unpredictable so pulling back to the low $100's can't be completely ruled out yet . Most important word : YET! It's the season to believe! Totally agree. A push above the 20 day would go a long way towards ruling out a retrace lower. |
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Post by nathanstevens on Dec 20, 2014 20:10:02 GMT -5
I think we are cleared for takeoff, but we might have to go back to the gate are and de-ice one more time before heading to new altitudes. I agree, though I'd categorize it more as a little turbulence on the way to the jet stream... And with that in mind I nibbled last week, buying back some short calls on a 2016 BCS, adding a bit to BABA leaps and bought a nice piece of Chevron, which is already up 9% (with a 4+% divvie!). Who says you can't time the market? This sure was a good week. Legged into some aapl spreads and played the oil bounce with KMI warrants. |
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Post by phoebear611 on Dec 20, 2014 21:14:19 GMT -5
Are there any football fans on this Board? If so, I clearly missed the memo but why is there an NFL game on tonight - Saturday night? I'm confused. Anyone know?
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Post by Red Shirted Ensign on Dec 20, 2014 21:29:23 GMT -5
Are there any football fans on this Board? If so, I clearly missed the memo but why is there an NFL game on tonight - Saturday night? I'm confused. Anyone know? There have been two Saturday games during the last two weeks of the season for some time. It all comes down to television contracts..today is Thursday night football technically. For decades there was a deal... Friday nights belonged to high school football, Saturday's were for college and Sunday was the pro's day. The NFL won't schedule on Saturday until the regular college season is over. TV really controls it all |
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Post by phoebear611 on Dec 20, 2014 21:45:44 GMT -5
Are there any football fans on this Board? If so, I clearly missed the memo but why is there an NFL game on tonight - Saturday night? I'm confused. Anyone know? There have been two Saturday games during the last two weeks of the season for some time. It all comes down to television contracts..today is Thursday night football technically. For decades there was a deal... Friday nights belonged to high school football, Saturday's were for college and Sunday was the pro's day. The NFL won't schedule on Saturday until the regular college season is over. TV really controls it all Thanks Red ... guess your deep knowledge goes well beyond AAPL ! Appreciate the explanation! |
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Post by phoebear611 on Dec 21, 2014 6:25:53 GMT -5
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Ted
Member
Posts: 681
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Post by Ted on Dec 21, 2014 10:32:55 GMT -5
I stole this from the Braeburners' site, from member CraigH, posted last night... Bodes well for us all.
"I am in Hong Kong for the first time and visited the Apple Store at Hysan Place tonight. No 6 or 6 plus phones in stock—online orders only (I didn’t get the wait times). There was a line out the door of people coming in to pick up their phones. There must be a limit of two phones per order, because I did not see anybody with more than two and most people had two. Then what looked like at least half of the new phone owners would exit the store and sell their phones to men with huge wads of cash standing just outside the store’s front door. Then there were about 12 people spread out across the front entrance selling the phones to people on the street (I did not get prices).
What does this kind of activity say about supply and demand? Demand must be incredible.
On a related note, I have never seen as many luxury watch stores as I have seen in Hong Kong. They are everywhere! I can’t help but think about the Apple watch. How disruptive to the luxury watch industry will it be? And considering the retail space devoted to selling luxury watches, if Apple takes just a small percentage of the market, the current Apple Store retail footprint won’t be big enough. Stores are bursting at the seems just selling the current product lineup. "
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Ted
Member
Posts: 681
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Post by Ted on Dec 21, 2014 10:39:39 GMT -5
Red, spelling error clean up on aisle 12. I think you can handle this!  |
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Post by redinaustin on Dec 21, 2014 12:38:03 GMT -5
Brcause there are no regular season Saturday nite games! Season's over
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Post by gtrplyr on Dec 21, 2014 13:29:09 GMT -5
Just started watching some football .. Atlanta and New Orleans. I've already seen 2 commercials for Pay, one from Bank of America and the other from Wells Fargo.
This could be a real game changer in 2015 ....
Cheers to the longs and Go Cowboys !
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And with that in mind I nibbled last week, buying back some short calls on a 2016 BCS, adding a bit to BABA leaps and bought a nice piece of Chevron, which is already up 9% (with a 4+% divvie!). Who says you can't time the market? 
