Week Ending 03/01/13: $430.47 Mar 3, 2013 22:22:12 GMT -5
Post by jeffi on Mar 3, 2013 22:22:12 GMT -5
I'd ceased arguing for the sake of the board, not as some capitulation. I again challenge anyone here to post your YoY trades in real-time and see if you can beat the Poor Man's Algo based on Travis Lewis's pain ranges. Put up or shut up.
OTOH, the notion that my daily/weekly pain range is meant as some precise trading advice is false. The idea that pain theory as I believe and portray it ignores sentiment, news, or other factors (like TA does) is also false, as I have said here a million times. I do, however, stand by my narrower pain range as a guide, albeit a moving one (luckily, none of those moving averages ever do that) of where AAPL will not close when there are substantial (net) option walls. I am also very eager to see that alternative theory that has 100% weekly accuracy.
With that said, I am checking out of AFB. This isn't some butthurt, take my ball and go home thing. I'd be happy to tell some of the people here what bozos they are in colorful language, in perpetuity, as my reputation has well-established. Alas, I have too much respect and affection for Lovemyipad to stay, knowing that sooner or later, regardless of my best intentions, human nature will prevail. I might have my flaws, but self-unawareness is not one of them. The truth is, Lovemyipad is too nice of a person to be a moderator, which is why she hates it. And seeing her ready to quit made me feel sick. So I shall self-moderate.
I'd also add that it's bad enough I have to fight Apple and AAPL FUD and nonsense out in the rest of the non-AFB world. But this place is no longer a refuge from that, Lovemyipad's laudable efforts notwithstanding. As if it were "groupthink" to have a board of a few people not parroting the same bearish FUD I can read everywhere else! (classic metaphor for Mac users).
The good news is, I'll be launching a financial/tech blog one of these days soon. This is a win-win, as those interested in my commentary can visit, and those who are not interested will never have to get the vapors reading my comments ever again. Plus, I'll have the benefit of nobody ever disagreeing with me, because there will be no comments section, and my dog will answer all e-mail.
Regardless of any disagreements I've had with others here, if you are long AAPL common - or even selling calls against it - I wish you all the best, and hope that someday the market comes to its senses and values the best company on earth accordingly, and gives us the returns rational, patient, fundie investors deserve. I've learned a lot from many of you, and consider many of you friends.
And with that, I bid you all adieu.
Good luck! Enjoyed your sharp wit. Didn't see eye 2 eye a lot. All is good.
As our favorite fruit stock continues to drop so does board participation. Capitulation? I don't know. Sometimes it's smart to capitulate. I wish I would have capitulated more but am thankful that I capitulated enough.