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Post by mbeauch on Sept 20, 2012 20:53:55 GMT -8
I gave up legging, too stressful. You can leg into numerous spreads, and end up with numerous "can't lose" credits. But it only takes one dip that keeps on dipping to really whack you. So it's kind of fool's gold in terms of lowering risk, IMO. When I do go off the leg wagon, I buy the long and immediately open an order window to dump it at a certain price to cut my losses. If the stock goes up, then I'll worry about legging in. But those unhedged (aka, unhinged) calls really raise my blood pressure dramatically. April sucked. JD, that is why I do them in 10-20 contract increments. I have to admit that it does get stressful sometimes, but once I get my short legs sold and stash the cash, I can sleep again. I have some Jan 2014 750's and 800's that need a mate soon. JD, I hear you. April I played pretty well, July can kiss my a$$.
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Post by greedynoob on Sept 20, 2012 21:03:39 GMT -8
Just a comment on the assault on the French.....A few years ago, I had some time to kill between contracts and had a ticket to France that had to be used or lost, so i flew to Paris and spent a week in the Louve. I don't speak a word of French, wear jeans and a CAT hat and made no attempt to be anything other than what I am While I was there, I made a simple discovery. I even intentionally tested it and verified it. If I walked up to someone and said "Do you speak English?" I got the stereotypical French response. If I said "May I speak English?", they smiled, said yes, and were wonderfully helpful. I don't mean just giving directions helpful, I mean "Please be our guest tomorrow and let us take you to Versailles" helpful. This is an old and very sophisticated culture. Courtesy goes a long way. I imagine this would work other places as well. Indeed. I'm up to a few months total time spent there now, and have in total met two people who were rude. The rest were very gracious. (Disclaimer: I speak passable French...)
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Post by greedynoob on Sept 20, 2012 21:14:52 GMT -8
I swear, sometimes options pricing blows my mind. I went in on the dip this morning, and when I look at my accounts they're up more than I would expect given today's price action. But here's the thing, just in case of a correction if Monday's release weekend figures are disappointing for whatever reason, there's a straddle and a strangle in today's purchases. Every single contract is up. Huh? How did I manage that?
Disclosure, the short side is much smaller than long, so I couldn't execute as a single trade, so I suppose it's timing. I bought them all as fast as I could in one go, and got a better price on the puts (though not even the price I wanted, since I was buying during the dip).
Oh well, it's a lot better than some days I've had since April ;-)
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Post by mbeauch on Sept 20, 2012 21:16:00 GMT -8
Lovey, yes I do see you experimenting with the Apple's across the top. LOLIt looks good the way it is now. Just need to get the market quotes up top.
Many of you may not realize that Lovey is constantly tweeking this page to get a better UI. I applaud her efforts. Lovey's Place is really nice.
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Post by lovemyipad on Sept 20, 2012 21:22:09 GMT -8
Lovey, yes I do see you experimenting with the Apple's across the top. LOLIt looks good the way it is now. Just need to get the market quotes up top. Many of you may not realize that Lovey is constantly tweeking this page to get a better UI. I applaud her efforts. Lovey's Place is really nice. Heehee. I put the quote box up top, and it looked funny; so I stuck it on the bottom until I can figure out how to make it not look funny.
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icam
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Post by icam on Sept 20, 2012 21:33:47 GMT -8
It looks great on the iPad - right dead center on the locked header bar.
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Post by onemoreanimal on Sept 20, 2012 21:35:08 GMT -8
To see the automatic flyover feature, bookmark a location that's in a supported city (LA, Rome, Sydney, etc) and then go to Bookmarks and select the location. It should zoom to it and begin rotating. Also make sure 3D is selected first. Los Angeles Library Tower is a good example.
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Post by stkstalker on Sept 20, 2012 21:36:58 GMT -8
Just a comment on the assault on the French.....A few years ago, I had some time to kill between contracts and had a ticket to France that had to be used or lost, so i flew to Paris and spent a week in the Louve. I don't speak a word of French, wear jeans and a CAT hat and made no attempt to be anything other than what I am While I was there, I made a simple discovery. I even intentionally tested it and verified it. If I walked up to someone and said "Do you speak English?" I got the stereotypical French response. If I said "May I speak English?", they smiled, said yes, and were wonderfully helpful. I don't mean just giving directions helpful, I mean "Please be our guest tomorrow and let us take you to Versailles" helpful. This is an old and very sophisticated culture. Courtesy goes a long way. I imagine this would work other places as well. +1000 I too went to Paris on an independants vacation back in 2005. I 'prepped' by listening to a 2 cd Introduction to French languag set. I cannot call it a course because it was so short. But it made all the difference when I spoke to them. We usually quickly switched to Englsh, but they appreciated that I made them attempt. My first night I stumbled into a neighborhood bar where three patrons were pummeling the bartender with long stem carnations, while singing 'Happy Birthday to You, Brenard!' Turned out one patron was in the French Special Forces, one worked for a newspaper and one was a chief with his own restaurant. Made the experience incredible! I will confess that the Nationalist Gaulist attitude can be off putting, but think of it like a great cheese with an uncomfortable aroma.
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Deleted
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Post by Deleted on Sept 20, 2012 21:45:07 GMT -8
Picked up a few Jan 2015 830 calls @ $86.50. Picked 100 Sept Wk 4 $700/$705 Bull Call Spreads at $2.37.
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Mav
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Post by Mav on Sept 20, 2012 21:49:14 GMT -8
To see the automatic flyover feature, bookmark a location that's in a supported city (LA, Rome, Sydney, etc) and then go to Bookmarks and select the location. It should zoom to it and begin rotating. Also make sure 3D is selected first. Los Angeles Library Tower is a good example. Will give it a try. Thanks!
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Post by nate010203 on Sept 20, 2012 21:49:59 GMT -8
Is it just me or does apple pretty much go straight up now? Not much risk in being a long.
I have never seen a stock where everyday it goes up *most days anyways* well we had our red day now 6 more green days
Would be nice to have a few red days so i can buy more, kicking myself for not being all in full margin
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Mav
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Post by Mav on Sept 20, 2012 21:50:04 GMT -8
Picked up a few Jan 2015 830 calls @ $86.50. Picked 100 Sept Wk 4 $700/$705 Bull Call Spreads at $2.37. Good luck on those trades, guys! Probably an end-of-day kinda call for me to see if I add.
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Deleted
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Post by Deleted on Sept 20, 2012 21:52:20 GMT -8
Paris Apple staff to strike for iPhone 5 launch A strike is set to ahead at three Apple stores in Paris to coincide with the Friday launch of the new iPhone 5. One Apple employee speaking to FRANCE 24 compared his job to “working in a coal mine.” Apple Store workers in Paris are set to go on strike Friday in a dispute over pay and working conditions. The industrial action in the French capital’s three Apple stores is set to coincide with the launch of company's latest offering, the iPhone 5. Workers there complain about the high-pressure working environment and low salaries. “It’s like working in a coal mine,” one part-time worker, who asked not to be named, told FRANCE 24. "Arriving on time is frowned upon" Staff, he said, were monitored by CCTV “all the way to the toilet door”, were searched when leaving work and endured a work culture where “even arriving on time is frowned upon”. “We are expected to arrive well before we are due to start. I put in at least 30 hours in a 25-hour week job contract,” he said, adding that workers were only allowed one break in the middle of their nine-hour shifts - which is almost unheard-of in France. “Meanwhile, we are chronically understaffed and most of us are part-timers, which is astonishing considering the company’s staggering profits," he said. "Apple, frankly, could be doing much more to alleviate the pressure.” Key demands by workers include a “13th month”, in which employees are given a double salary cheque, normally at the end of December, which is common practise in France. Workers are also demanding subsidised meal vouchers - another norm in France - as part of their pay packet. According to the French version of the Huffington Post, “last chance” negotiations between workers and managers at the end of Wednesday came to little. Incredible.
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Post by nate010203 on Sept 20, 2012 22:03:49 GMT -8
today might be the last day ever aapl sees 600s
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Mav
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Post by Mav on Sept 20, 2012 22:05:17 GMT -8
It's premature to predict that, I think.
We could be on a catalyst cycle we've NEVER seen before, but we can't take anything for granted, not ever. Stay sharp!
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Mav
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Post by Mav on Sept 20, 2012 22:11:06 GMT -8
Favor please! While we're trying this "daily" thread for Intraday, would whoever shows up first in the morning, please start that day's thread? Many thanks!! xoxo Lovey Are advance threads allowed, iPad? Say, 11PM PST or so?
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JDSoCal
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Aspiring oligarch
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Post by JDSoCal on Sept 20, 2012 22:38:49 GMT -8
today might be the last day ever aapl sees 600s Nate, stop jinxin' us. Of course Apple will correct at some point. If the bus doesn't stop, new riders can't get on. But AAPL hasn't been lower at the end of 6 months than at the beginning of 6 months since 2008. Maybe you should just go long term long and chill and go watch the Kubrick movie, Dr. Apple, or How I Learned to Stop Worrying and Love the LEAPs.
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Post by lovemyipad on Sept 20, 2012 22:40:50 GMT -8
Favor please! While we're trying this "daily" thread for Intraday, would whoever shows up first in the morning, please start that day's thread? Many thanks!! xoxo Lovey Are advance threads allowed, iPad? Say, 11PM PST or so? Yes. (I should be asleep, but I have a cold/stuffed head and can't breathe lying down, blah.)
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Post by flyonthewall on Sept 20, 2012 23:32:09 GMT -8
I was surprised and wondering how other people use Maps... I live near a river with wonderful walking/biking trails. Google maps includes these trails when I request walking routes. Apple's tool does not. I far prefer the new map for actual driving, but since I walk more than than I drive, this is a regression. For mass transit I expect that 3rd party providers will actually provide better information over time. However, I also fear that in some markets it will be unclear which tools are superior in particular areas. [edited to add:] This matters because discovery of local apps to provide transit info and choosing which one to download or purchase is an intrusive and effortful activity which detract from the experience. I understand the reasons for this design decision, and feel that Apple made prudent choices for how to handle the problem of balkanized transit data. However, what was seamless and invisible is now very visible and requires effort from the user. It significantly detracts from the experience. Also, I wonder how map data will improve over time. The map shows my apartment about 200 yards away from me (at the other end of my street). It is unclear how and to whom to provide correct information. This will take time to play out. I believe that you need to click on the pin over the incorrect location and a new window pops up offering you choices, one of which is to make a correction. Once you move the pin to the correct location, you can send the updated info to apple. I did the same thing with my home in Denmark, and today it is corrected. Fast!
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Post by Big Al on Sept 21, 2012 0:51:57 GMT -8
Speaking generally - you can appreciate someone's work and still be critical of it when it seems out of line...y'know, calling a spade a spade and all that. As for that straight-line extrapolation...oh yeah, that really does seem a bridge too far. There's also a little curve-ball called the 14th week from fiscal Q4 2011. But something like _65M_ iPhones? Might not be out of the question, and I doubt many if any WS analysts are thinking that high. That would mean manufacturing, selling, and shipping 714K phones a day through the quarter. Even if Apple can maintain that high a rate of sales through the quarter, can they manufacture that many? We're already seriously out of supply/demand balance, with 3-4 week wait times. But if you add the extra 10 days from this quarter, then 65M phones looks like a more realistic target based on what Apple has been able to ship in the past. But then again, Apple often exceeds the realistic. Extrapolating 100% is a little overly simplistic and optimistic. While the 4S launched two weeks into the quarter, we should not forget that the Q1 2012 quarter had an extra week. Also, we have to deduct the iPhone 5 sales in Q4, which will be significant since it includes the preorders and the first big demand wave (just look at the lines). So projecting 74 million units sold is plain crazy. I think that we will be somewhere between 45 and 55 million.
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Post by flyonthewall on Sept 21, 2012 1:38:24 GMT -8
Just wanted to say hello again after joining this much improved Forum, Lovely's Place, a few days ago.
First an acknowledgement to the author/artist of my avatar: Milburn Taylor of <http://www.humorgraphics.com/>. He kindly gave me permission to use this graphic here and his guidance and support are very appreciated.
I have been a lurker or "flyonthewall" for years, and it is heartening to see the support of this forum's members to its new home. Good to see so many that have disappeared over the last few years have come back home.
I have been an Apple fanboy since the Apple II days, and was the university rep for Apple for many years. I got in early, but not subtantially, and now have over 400 shares. Now that I am retired from teaching university physics (a passion I sorely miss,) my spare time is spent on enjoying life, learning Danish, and settling into a new country, oh, and following Apple.
Kudos to LoveMyiPad for all her strong, but gentle guidance to the AFB on TMO, and now here.
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Post by dreamRaj on Sept 21, 2012 5:50:37 GMT -8
Hey fly - Are you in any way connected to theflyonthewall.com financial website?
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Post by mbeauch on Sept 21, 2012 6:00:05 GMT -8
Is it just me or does apple pretty much go straight up now? Not much risk in being a long. I have never seen a stock where everyday it goes up *most days anyways* well we had our red day now 6 more green days Would be nice to have a few red days so i can buy more, kicking myself for not being all in full margin HUH, are you sponge with a different name?
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