Deleted
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Post by Deleted on Nov 26, 2012 13:03:22 GMT -8
And for the anon coward constantly smiting my Karma of late, consider being a man and actually replying, or PM-ing. Anyway, weeeeee! Took the words right out of my mouth. Yeah, someone's hitting mine too. I guess I've lost the Miss Congeniality crown for good...
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Post by terps530 on Nov 26, 2012 13:04:01 GMT -8
tapping 590 at the close, yum yum yum.
Slowly my drowned underwater spreads are starting to grow again yippie
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Post by Red Shirted Ensign on Nov 26, 2012 13:07:05 GMT -8
And for the anon coward constantly smiting my Karma of late, consider being a man and actually replying, or PM-ing. Anyway, weeeeee! Took the words right out of my mouth. Yeah, someone's hitting mine too. I guess I've lost the Miss Congeniality crown for good... Not so fast. I'll post your bathing suit photos tonight. You can still recover the crown... As for Apple action today, tremendous.
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Post by mbeauch on Nov 26, 2012 13:09:27 GMT -8
And for the anon coward constantly smiting my Karma of late, consider being a man and actually replying, or PM-ing. Anyway, weeeeee! Took the words right out of my mouth. Yeah, someone's hitting mine too. I guess I've lost the Miss Congeniality crown for good... JD, I would never have thought you would care. Mercel, I can't believe yours. Hell, I can't believe mine. I have been climbing after having endured a brutal smite attack. I wish we could see who was doing the dirty work. Mercel, if you want the MISS congeniality award, it is yours. Now that I have Sandra Bullock in my head, what should I do? ;D
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Post by mbeauch on Nov 26, 2012 13:11:06 GMT -8
Not so fast. I'll post your bathing suit photos tonight. You can still recover the crown... If you post pics of Mercel in a bathing suit I gaurantee you will have 0 karma.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Nov 26, 2012 13:23:23 GMT -8
Took the words right out of my mouth. Yeah, someone's hitting mine too. I guess I've lost the Miss Congeniality crown for good... JD, I would never have thought you would care. Mercel, I can't believe yours. Hell, I can't believe mine. I have been climbing after having endured a brutal smite attack. I wish we could see who was doing the dirty work. Mercel, if you want the MISS congeniality award, it is yours. Now that I have Sandra Bullock in my head, what should I do? ;D I don't care about Karma points - I've always thought them silly on forums, where the whole purpose is to actually type out sentences to make one's points, instead of clicking yes/no. But I disdain anon cowards who, even behind pseudonyms, just can't man up and debate their points, due to some grudge. It's pretty obvious when it is getting personal. In fairness, if I could -19 Red for putting the image of Mercel in a bathing suit in my head, I'd have to consider it. Reminds me of this comic.
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Post by Apple II+ on Nov 26, 2012 13:23:41 GMT -8
New rule: No posting pics of forum members in bathing suits or doing whatever it is mbeauch does with Sandra Bullock in his head.
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Post by lovemyipad on Nov 26, 2012 13:24:03 GMT -8
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Post by rutgersguy92 on Nov 26, 2012 13:25:02 GMT -8
15:28 EST - New mini options, option contracts tied to 10 shares of stock rather than the standard 100 shares, will begin trading March 18, the International Securities Exchange announced Monday. At the launch, mini options will be available on five high-priced stocks, including Apple (AAPL), Amazon ( AMZN), Google (GOOG), the SPDR Gold Trust (GLD) and SPDR S&P 500 ETF (SPY). " This exciting new product will make trading options on popular, high-priced names like Google and Apple more affordable and more flexible for the retail segment of the market," said ISE President and CEO Gary Katz. The minis will be available for all expiration dates, including weekly options. Will this decrease or increase volitility? Have to think this through....but if it makes shares (or their equivilent) more affordable for investors, that is a good thing.... Not so sure. Now Joe Six Pack can lay out a few hundred bucks for the same action we have been getting for a few grand. I guess they thought they needed more retail back into the stock market, only thing is these folks can afford to lose their $$ even less.
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Post by Xphilos on Nov 26, 2012 13:26:04 GMT -8
What is the sound of one stock gapping (up)? WHEEEEEEEEEEEEEEEEEEEEEEEEEE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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Post by mbeauch on Nov 26, 2012 13:28:22 GMT -8
WHEEEEEEEEEEEEEEEEEEEEEEEEEE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Lovey having another Wheeegasim. ;D (Multiple, )
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Post by Apple II+ on Nov 26, 2012 13:34:26 GMT -8
You don't lose an argument gracefully, do you? If an investor bought on October 15th, 2010 at $315 and sold on October 7th, 2011 at $369, he would have realized a mere 17% annual profit. Had he sold in June, he would have made only 3%. If you cherry-pick dates with a volatile stock, you can cherry-pick the conclusion, too. Cue Wolverine. Surely he will now "exit gracefully by simply agreeing with" you.
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Post by prazan on Nov 26, 2012 13:43:56 GMT -8
If an investor bought on October 15th, 2010 at $315 and sold on October 7th, 2011 at $369, he would have realized a mere 17% annual profit. Had he sold in June, he would have made only 3%. If you cherry-pick dates with a volatile stock, you can cherry-pick the conclusion, too. Cue Wolverine. Surely he will now "exit gracefully by simply agreeing with" you. I learned early that Apple is forgiving of poor entry points, but that a poor entry point cuts into the annual return. Conversely, I also learned, through a fluke of timing, that good entry points maximize returns. If you buy at the high in one year and then sell at the low in the next year, you won't make a lot of money. Buying at $700 this year and selling at the low one year later, at our hypothetical $800, would indeed be disappointing. I agree with Wolverine in this. But the point of putting all this time and energy into following Apple closely is to avoid buying at the highs and selling at the lows, and AFB2 helps me in making these calls.
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Deleted
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Post by Deleted on Nov 26, 2012 13:51:36 GMT -8
Took the words right out of my mouth. Yeah, someone's hitting mine too. I guess I've lost the Miss Congeniality crown for good... Not so fast. I'll post your bathing suit photos tonight. You can still recover the crown... As for Apple action today, tremendous. Ok, smite me if you will, I can take it.
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Post by greedynoob on Nov 26, 2012 14:09:44 GMT -8
Ok, smite me if you will, I can take it. Done!
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Post by mbeauch on Nov 26, 2012 14:21:26 GMT -8
Ok, smite me if you will, I can take it. Done! LOL, one more to go. ;D
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Deleted
Deleted Member
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Post by Deleted on Nov 26, 2012 14:22:35 GMT -8
Ok, smite me if you will, I can take it. Done! Thank you, can I have another? Groucho Marx said (I think) that he wouldn't want to be part of a group that would have him. He may have a point. However, my sense of humor or joie de vivre probably isn't so welcome here. I think I'll take my lumps and rejoin the lurkers. Bye! ;D
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Post by Red Shirted Ensign on Nov 26, 2012 14:33:03 GMT -8
Nonsense....Stay and absorb your punishment for that.....abomination.....you posted.
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Post by terps530 on Nov 26, 2012 14:36:40 GMT -8
Will this decrease or increase volitility? Have to think this through....but if it makes shares (or their equivilent) more affordable for investors, that is a good thing.... Not so sure. Now Joe Six Pack can lay out a few hundred bucks for the same action we have been getting for a few grand. I guess they thought they needed more retail back into the stock market, only thing is these folks can afford to lose their $$ even less. I agree, but I also agree with what was said before about the fear of, or moreso not understanding of options. Though maybe more people would be willing to dip their feet in with smaller premiums to learn. I'd have loved that at the time hah.
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Post by Tetrachloride on Nov 26, 2012 14:40:34 GMT -8
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Post by Tetrachloride on Nov 26, 2012 14:50:46 GMT -8
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Nov 26, 2012 15:02:22 GMT -8
Even if they slipped *two* decimals, AMZN would still have over double Apple's P/E.
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Post by Red Shirted Ensign on Nov 26, 2012 15:07:40 GMT -8
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Post by roni on Nov 26, 2012 15:07:56 GMT -8
Very nice few days in Apple-land
I am going to do something, but may not write about it until tomorrow
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Post by roni on Nov 26, 2012 15:08:41 GMT -8
Some one has been smiting me too. I hope it makes him feel better about folks disagreeing with him
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Post by phoebear611 on Nov 26, 2012 15:17:08 GMT -8
I assume you all saw that massive cross at the close? 1,485,104 shs. @ $589.27 That's just under $1 bln on each side. Any thoughts?
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Post by mbeauch on Nov 26, 2012 15:47:45 GMT -8
Nonsense....Stay and absorb your punishment for that.....abomination.....you posted. Yeah, like he is going to post that picture and be offended.
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Post by appledoc on Nov 26, 2012 16:02:42 GMT -8
I assume you all saw that massive cross at the close? 1,485,104 shs. @ $589.27 That's just under $1 bln on each side. Any thoughts? Impossible to know, but think about it this way... If those shares were bought at 530, that's an 11% or $87M profit in a little over a week. Hard not to take that.
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Post by rickag on Nov 26, 2012 16:11:11 GMT -8
I assume you all saw that massive cross at the close? 1,485,104 shs. @ $589.27 That's just under $1 bln on each side. Any thoughts? Pardon my ignorance, but could you explain the "massive cross"?
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Post by lovemyipad on Nov 26, 2012 16:12:14 GMT -8
Mercel, just skimmed the comments to Avi's SA article (I do wish he wouldn't write for SA...I'm not a fan) and wanted to reply to your comment: ...if $515 was the target buy opportunity, what is the sell target before the retrace back down. It's these "on one hand, but on the other hand" scenarios that produces skepticism.
Not trying to dispute EW so much as understand your points.
I don't understand why a double bottom engenders more confidence in AAPL returning to ATH. First, thanks for that middle section there about not disputing EW...I know very well the tone you could have taken and instead chose not to take, and I very much appreciate that. Next, I wanted to address our differing viewpoints re: "on one hand, but on the other hand." See, I view any forecast that does NOT contain IF/THEN with skepticism. Because no one -- and I mean NO ONE -- ever knows for a fact whether the next move will be up or down. The only thing you can even begin to predict is: IF this level breaks (or doesn't break), THEN target that level. There should always be: 1) criteria for confirmation of your thesis; and 2) criteria for invalidation of your thesis. To me, it's about identifying key levels to watch. Many people see the above as CYA, or flipping a coin, or covering all the bases, or whatever. They *expect* fortune-telling, and because NO ONE can do that, naturally, they're disappointed and/or dismissive. I don't expect fortune-telling -- I expect an accurate read of what IS happening, right now, in the moment, and the identification of key levels to watch in the future. The levels should gauge market commitment and follow-through in either direction...aka support and resistance. Now, on your question about why a double bottom engenders more confidence in AAPL returning to ATH...my answer is: It doesn't. What engenders confidence from an EW perspective is: 5 impulsive waves up from 505.75 (underway) followed by 3 corrective waves down that ideally do not exceed 61.8% of whatever ground has been reclaimed since 505.75. See me in Chart Talk for more specifics.
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