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Post by roni on Dec 4, 2012 8:01:41 GMT -8
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Post by roni on Dec 4, 2012 8:02:56 GMT -8
Another slide
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Deleted
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Post by Deleted on Dec 4, 2012 8:09:21 GMT -8
Read the site, they "specialize" in Norway. The author is experiencing excruciating butthurt and this article was a futile attempt to not think of pink elephant
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Post by mbeauch on Dec 4, 2012 8:10:40 GMT -8
Well that did not take log for the market to sell off. This just sucks. Don't take this the wrong way, but why do you watch the minute by minute movements of the market? I feel like you're just causing yourself a lot of stress here. Because I am always trying to learn. I do not do it all day, just a few hours here and there. I have been in the market for 25 years and still seek a greater understanding.
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Post by mbeauch on Dec 4, 2012 8:13:26 GMT -8
knocking on the door, I hope nobody is home and we can go the other direction.
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Post by jdrizzo89 on Dec 4, 2012 8:17:37 GMT -8
S1 S2 and S3 breached. To the 20 day we go??
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Post by bribery on Dec 4, 2012 8:22:33 GMT -8
AAPL's nominal β is way too low for its actual volatility
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Post by mbeauch on Dec 4, 2012 8:34:46 GMT -8
Come on baby!
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Post by madmaxroi on Dec 4, 2012 8:37:02 GMT -8
Are you wearing your lucky hat? ;D
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Post by mbeauch on Dec 4, 2012 8:41:14 GMT -8
Are you wearing your lucky hat? ;D if i thought it wold help i would wear the hat and run down the street commando.
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Post by bernard on Dec 4, 2012 8:45:50 GMT -8
Someone stepped up and bought 2M shares at 574
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4aapl
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Posts: 3,622
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Post by 4aapl on Dec 4, 2012 8:46:14 GMT -8
Apple slid 8 weeks and dropped $200. It recovered almost half that in a week. Today is not totally surprising to me. I think Apple starts to move for FQ1 '13 anticipation after expiration of December monthlies. Glad I slept in today. Much better than worrying too much about AAPL. But, it looks like those Dec 605-615's aren't very likely to work out. My much smaller position of Nov 30 565-575's worked out fine last week, so I might just roll all of that over into something, like next week's 565-570's or something. But this isn't worth the time to watch minute by minute. Time to get something done.
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Post by po1nt on Dec 4, 2012 8:46:34 GMT -8
Looks like we bounced off the 23.6% entrancement from 505 to 594 if I'm not mistaken....
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Post by appledoc on Dec 4, 2012 8:55:44 GMT -8
Redler was looking for 572-574 and he got it.
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Post by Zeke on Dec 4, 2012 9:03:36 GMT -8
I believe it's the NPD article that's driving things today. The problem with their research is that their 2 million consumer participants are self-selected. They're people who like taking surveys (don't mind sharing personal information) and are attracted by free gifts. Does that sound familiar?
Their 900 retail participants also don't mind sharing their sales data. Obviously, this does not include Apple stores, so their retail results pertaining to Apple are skewed by the fact that their data is from stores like Best Buy and others where the sales drones actually try to steer customers away from Apple products and toward items where they receive spiffs.
So my question is, how reliable has NPD been in reporting sales in the past? I'm sure we have people who have tracked their performance here.
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4aapl
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Posts: 3,622
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Post by 4aapl on Dec 4, 2012 9:05:23 GMT -8
On the good side, volume is up. It's about to pass 12M shares just over 2.5 hours into the day. That should put AAPL above 20M for the day, and even higher if there is a big move one way or the other.
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Post by Zeke on Dec 4, 2012 9:06:04 GMT -8
I also think the NPD article is having a huge effect on MS, as it should, which in turn is hurting Apple because of all those investors who treat "technology" as a category and don't (for some insane reason) differentiate between MS, Dell, and Apple.
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Post by mbeauch on Dec 4, 2012 9:17:50 GMT -8
On the good side, volume is up. It's about to pass 12M shares just over 2.5 hours into the day. That should put AAPL above 20M for the day, and even higher if there is a big move one way or the other. There have been a lot of shares passed. (mostly sold) The bears are trying to break the bulls and the bulls have retreated to the edge. If we break 572 it will get ugly IMO. Conversely, if we can somehow reclaim most of today's loses it would be a big win for us bulls. very important day. BTW, only good use for a bear is a rug. ;D
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4aapl
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Post by 4aapl on Dec 4, 2012 9:26:12 GMT -8
BTW, only good use for a bear is a rug. ;D They're a good workout too. I chased one off our doorstep last night, a nice little cub. Momma bear was down the stairs playing with a light, and both ran off into the darkness as I yelled at them and ran after them. I'm just glad they didn't break through the garage door trying to get to the sweet smell of the bottle of port that broke on the garage floor the night before.
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Deleted
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Post by Deleted on Dec 4, 2012 9:26:38 GMT -8
Monthly OPEX includes a call wall at $600. I doubt we climb that before they expire. It's the January calls that were likely repurchased by the writers, allowing AAPL to run into earnings.
Settle in, it may be tough sledding without catalysts on the near term horizon.
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Post by gtrplyr on Dec 4, 2012 9:28:45 GMT -8
Someone stepped up and bought 2M shares at 574 Just takin' one for the team Oh how I wish.....
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Post by mbeauch on Dec 4, 2012 9:39:24 GMT -8
Monthly OPEX includes a call wall at $600. I doubt we climb that before they expire. It's the January calls that were likely repurchased by the writers, allowing AAPL to run into earnings. Settle in, it may be tough sledding without catalysts on the near term horizon. So you are saying 3 weeks of crap. (I have looked at that monthly wall of calls). A huge hurdle. Heck, right now I would just like to get to it.
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Post by fas550 on Dec 4, 2012 9:41:12 GMT -8
IMHO Today isn't an Appleism drop, it's mostly macro (and mostly the FC rhetoric). If you overlay Goog on top of an apple chart for today they they are virtually identical. NAS little less so exact. Try it and you'll get the picture (ha made a funny, made an effin funny. Sorry but that's effin the mood I'm in today. )
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Post by mbeauch on Dec 4, 2012 9:46:27 GMT -8
IMHO Today isn't an Appleism drop, it's mostly macro (and mostly the FC rhetoric). If you overlay Goog on top of an apple chart for today they they are virtually identical. NAS little less so exact. Try it and you'll get the picture (ha made a funny. Yes you really will get the picture). What that tells me is that GOOG is outperforming AAPL substantially. I was expecting to see an overlay that was similar. Yes the pattern is almost exact, but the percentages are way off. (1%) GOOG down 6 while AAPL down 10 when GOOG is 100 higher in share price is not comparable.
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Post by fas550 on Dec 4, 2012 9:50:00 GMT -8
IMHO Today isn't an Appleism drop, it's mostly macro (and mostly the FC rhetoric). If you overlay Goog on top of an apple chart for today they they are virtually identical. NAS little less so exact. Try it and you'll get the picture (ha made a funny. Yes you really will get the picture). What that tells me is that GOOG is outperforming AAPL substantially. I was expecting to see an overlay that was similar. Yes the pattern is almost exact, but the percentages are way off. (1%) GOOG down 6 while AAPL down 10 when GOOG is 100 higher in share price is not comparable. yup you're right and mean to mention that (the percentage drop is different). Interesting that the chart shows almost exact patterns except ours are more exaggerated; up and down. What it tells me is they are suffering when sells are in (to a lesser extent but not imune). If everyone was just selling our crap then these BS anecdotal reports would have substance. Tells me they matter not.
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Post by mbeauch on Dec 4, 2012 9:54:57 GMT -8
Maybe if they all went on vacation the market would be happy. Almost forgot, it is so good to see AMZN back above 250. It is so undervalued with the 3300 p/e. I really don't see why it can't go up more to like a nice round 5000 p/e?
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Post by fas550 on Dec 4, 2012 10:06:49 GMT -8
Maybe if they all went on vacation the market would be happy. Almost forgot, it is so good to see AMZN back above 250. It is so undervalued with the 3300 p/e. I really don't see why it can't go up more to like a nice round 5000 p/e? Criminal, just criminal how that stock is punished. Seriously though. I shorted AMZN abut 2 years ago for 1 qtr and made out really well. Have not had the guts to do it again but based on the earnings projections and them selling so much shit with negative margin, they are looking really attractive for another go at it.
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Post by mbeauch on Dec 4, 2012 10:18:12 GMT -8
I can't do it. AMZN has been on a tear. It has been up all day today while the market has been down, that is strength. Nobody cares about valuation with that stock. One day maybe, just no time soon.
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Post by fas550 on Dec 4, 2012 10:18:40 GMT -8
Maybe if they all went on vacation the market would be happy. Almost forgot, it is so good to see AMZN back above 250. It is so undervalued with the 3300 p/e. I really don't see why it can't go up more to like a nice round 5000 p/e? Criminal, just criminal how that stock is punished. Seriously though. I shorted AMZN abut 2 years ago for 1 qtr and made out really well. Have not had the guts to do it again but based on the earnings projections and them selling so much shit with negative margin, they are looking really attractive for another go at it. As an FYI they had an EPS last qtr of -0.60 and the consensus for the next is +0.28 (0.35 for the qtr after that)/ They have never gone from a minus EPS to a plus in at least the last two years. I believe their downfall is going to be the Kindle fire that they sell at a loss. The 0.35 EPS est for the following qtr is even less likely IMHO unless somehow they blow this qtr out of the water.
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Post by mbeauch on Dec 4, 2012 10:19:49 GMT -8
Yech. Hell bent on taking out 572.
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