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Post by Red Shirted Ensign on Mar 18, 2013 7:58:43 GMT -8
The sheer audacity of going after depositor's assets is nothing less than theft. These bank depositors are not purchasing stocks or bonds, investing with an inherent risk of loss. They are simply parking their savings in Nationally chartered and insured institutions....at no risk (so they were told). This outright theft won't stand. But better to get the principle that depositors are not investors cleared up here in a small Country than have to face down the same issue in Spain or Italy. What a precedent for other coutnries to look at! Our congress for example......Ugh...  |
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Post by yellowhandman on Mar 18, 2013 8:00:16 GMT -8
450!
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Post by Red Shirted Ensign on Mar 18, 2013 8:00:32 GMT -8
Well Hello 450....long time no see ;D
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Post by terps530 on Mar 18, 2013 8:10:25 GMT -8
Among several other bullish indicators, AAPL is bucking a negative market two days in a row, and doing it strongly. My best guess is that the institutions aren't waiting until the end of the quarter (as they have in the past) to pile on. My Weekly $435/$440 BCS is looking better and better. I think the brouhaha in Cyprus is going to blow over as a non-event. As bad as its banking system is, it isn't as large (and therefore dangerous) as the original PIIGS. The fact that they have a plan, no matter how painful/distasteful, that doesn't require a massive (on the scale of the PIIGS) bailout is a definite plus. Hey Gregg, Just a question, or really anyone could answer...I have the same spread, but as a bullish put spread instead of a call spread. Do you generally get better prices with call spreads? The main reason I've been doing put spreads lately is just cause I love having them expire worthless, instead of having to exercise the calls or sell them for less than max value. Thanks The costs should be the same, generally. I'm with you about Bull put spreads in your reason why to prefer them, as well as they 'feel' easier to roll out when things go wrong, because you likely can just take another credit and push it out. However I'm steering clear now because of my own mistakes. With all that 'borrowed' cash in the account instead of a call spread that you had to pay for up front, I lost track of how much I actually would owe if things went horrible. So when things went horrible in october-->, my BuPS's got destroyed, and I had to pay back way more than I had in available cash. AKA had to liquidate most of my other stock positions aka commit account suicide. but to your question again, for example at a moment ago: APR 430/440 Call spread midpoint 6.65 APR 430/440 Bull Put Spread midpoint 3.35 it seems they even out usually. |
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Post by Red Shirted Ensign on Mar 18, 2013 8:11:35 GMT -8
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Post by The Big Toe on Mar 18, 2013 8:24:00 GMT -8
Does the "S" stand for "Settle"? |
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Post by leonb on Mar 18, 2013 8:25:26 GMT -8
The sheer audacity of going after depositor's assets is nothing less than theft. These bank depositors are not purchasing stocks or bonds, investing with an inherent risk of loss. They are simply parking their savings in Nationally chartered and insured institutions....at no risk (so they were told). This outright theft won't stand. But better to get the principle that depositors are not investors cleared up here in a small Country than have to face down the same issue in Spain or Italy. What a precedent for other coutnries to look at! Our congress for example......Ugh... Printing money to inflate your way out of debt is also a tax on savings, just subtler. Inflation is also destabilising. Cyprus cannot print euros, and they have the political advantage/opportunity of large foreign (Russian) depositors, unlike, say, Italy, where deposits are overwhelmingly Italian. Brutal, yes; but perhaps necessary, and not so different from other monetary tricks conventionally employed. But the market risk, that this becomes a precedent, and that fear of this leads to bank runs, worries me. |
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icam
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Post by icam on Mar 18, 2013 8:38:25 GMT -8
The sheer audacity of going after depositor's assets is nothing less than theft. These bank depositors are not purchasing stocks or bonds, investing with an inherent risk of loss. They are simply parking their savings in Nationally chartered and insured institutions....at no risk (so they were told). This outright theft won't stand. But better to get the principle that depositors are not investors cleared up here in a small Country than have to face down the same issue in Spain or Italy. What a precedent for other coutnries to look at! Our congress for example......Ugh... It's the stuff revolutions are made of. Ever hear of the American Revolution? Kind of a big precedent setter for kicking the governing bodies out power by the citizenry. |
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Post by sponge on Mar 18, 2013 9:00:17 GMT -8
Glad I was partially wrong. Welcome the strong move and bought a few shares.
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Post by lance on Mar 18, 2013 9:10:37 GMT -8
One area I still have concern with Apple Inc. and has been my biggest concern the past year is marketing/commercials. Apple can still run the feel good ads and discuss a specific random feature which no one really cares about such as an entire commercial for DND or panorama. But seriously step up celebrity endorsements and take a page from Redbull. Go big on marketing. IMHO Redbull has the best marketing in the world considering they have basically created multiple sports and movies all based off 1 product an energy drink. Apple needs to not be so hippy on its ads and Go Big. Apple is the most important tech company in the world and the best athlete commercial they have is Serena and Venus playing ping pong. Wake UP!! I love the stock at these prices but Phil Schiller needs to Step up and take some risks similar to the 1984 ad.
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Post by Apple II+ on Mar 18, 2013 9:12:09 GMT -8
The sheer audacity of going after depositor's assets is nothing less than theft. These bank depositors are not purchasing stocks or bonds, investing with an inherent risk of loss. They are simply parking their savings in Nationally chartered and insured institutions....at no risk (so they were told). This outright theft won't stand. But better to get the principle that depositors are not investors cleared up here in a small Country than have to face down the same issue in Spain or Italy. What a precedent for other coutnries to look at! Our congress for example......Ugh... Printing money to inflate your way out of debt is also a tax on savings, just subtler.... It's ironic, then, that Germany, which greatly fears printing money, is behind this. And it's totally crazy that rates are as high as 10%. 10%?!!! |
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Post by ammaroo1 on Mar 18, 2013 9:23:51 GMT -8
It's ironic, then, that Germany, which greatly fears printing money, is behind this. And it's totally crazy that rates are as high as 10%. 10%?!!! Why is it ironic? They are doing it so they DON'T have to print money. |
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Post by prazan on Mar 18, 2013 9:39:23 GMT -8
Another clusterfu*k courtesy of our friends in the EU. Taxing bank deposits has to rank among the top dumb ideas of the century. About 25% of total deposits in country belong to Russian expats, and 45% to foreigners in general. So perhaps they thought they could get away with this by sticking it to the non-Cypriots. But then, what were they thinking by refusing to exempt accounts with less than 100,000 Euro? Maybe the president of Cyprus wanted public outrage to kill this plan.
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Post by phoebear611 on Mar 18, 2013 9:45:17 GMT -8
I am still dumb-founded that this is what the Cypriots came up with as the plan. How could ANYONE think this was just fine? I feel like I had misunderstood the news this weekend when I first read it - but I've come to the conclusion that you can be at any level in your career (particularly in politics) and still be incredibly DUMB!
On the flip side - what were the Russians doing with all that cash in Cyprus banks -- fully KNOWING they were insolvent. Forget it...I already know the answer...don't bother.
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Post by phoebear611 on Mar 18, 2013 9:51:05 GMT -8
From Daily Tech - I almost threw up:
"BlackBerry CEO Thorsten Heins told The Australian Financial Review that Apple's iPhone has been left behind during a storm of new smartphone releases (such as Android and BlackBerry 10 smartphones)."
And then he went on to elaborate.
Some people are getting a little too big for their britches - and will need to be cut down to size!
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Deleted
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Post by Deleted on Mar 18, 2013 9:52:36 GMT -8
From Daily Tech - I almost threw up: "BlackBerry CEO Thorsten Heins told The Australian Financial Review that Apple's iPhone has been left behind during a storm of new smartphone releases (such as Android and BlackBerry 10 smartphones)."
And then he went on to elaborate. Some people are getting a little too big for their britches - and will need to be cut down to size! Agreed, but he was also asked about entering the Tablet market with a new entry and said not at this time, there was no profit to be had in it...Apple had taken over that market. |
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Post by phoebear611 on Mar 18, 2013 9:55:39 GMT -8
From Daily Tech - I almost threw up: "BlackBerry CEO Thorsten Heins told The Australian Financial Review that Apple's iPhone has been left behind during a storm of new smartphone releases (such as Android and BlackBerry 10 smartphones)."
And then he went on to elaborate. Some people are getting a little too big for their britches - and will need to be cut down to size! Agreed, but he was also asked about entering the Tablet market with a new entry and said not at this time, there was no profit to be had in it...Apple had taken over that market. Funny - the business media is focusing on his iPhone comments - I heard about it three times on 2 different stations. His comments were that it, the iPhone, is "old and dusty!" |
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Post by Apple II+ on Mar 18, 2013 10:19:35 GMT -8
It's ironic, then, that Germany, which greatly fears printing money, is behind this. And it's totally crazy that rates are as high as 10%. 10%?!!! Why is it ironic? They are doing it so they DON'T have to print money. I was responding to this statement: "Printing money to inflate your way out of debt is also a tax on savings", the implication being that at least some of the consequences of either approach are the same problems. It's ironic, because presumably the fear is ultimately of the consequent problems rather than of the act of printing itself. |
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Post by dreamRaj on Mar 18, 2013 10:20:05 GMT -8
455. Today is like those good ol' days when AAPL went higher even when the Dow went lower.
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Post by tuffett on Mar 18, 2013 10:23:14 GMT -8
Agreed, but he was also asked about entering the Tablet market with a new entry and said not at this time, there was no profit to be had in it...Apple had taken over that market. Funny - the business media is focusing on his iPhone comments - I heard about it three times on 2 different stations. His comments were that it, the iPhone, is "old and dusty!" I don't think even the dumbest of people would be influenced by opinions of the CEO of Blackberry. They are the epitome of old fashioned. |
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Post by Apple II+ on Mar 18, 2013 10:26:11 GMT -8
I am still dumb-founded that this is what the Cypriots came up with as the plan. How could ANYONE think this was just fine? I feel like I had misunderstood the news this weekend when I first read it - but I've come to the conclusion that you can be at any level in your career (particularly in politics) and still be incredibly DUMB! On the flip side - what were the Russians doing with all that cash in Cyprus banks -- fully KNOWING they were insolvent. Forget it...I already know the answer...don't bother. Yep. Totally dumb idea. Hard to believe it's a real plan. I heard that same sentiment from someone on the news saying he thought he must have misunderstood it because of jet lag. I thought it was being imposed by Germany/the EU, not by Cyprus. Maybe I misunderstood? Cyprus did agree, however, saying they had no choice. |
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Post by Apple II+ on Mar 18, 2013 10:35:59 GMT -8
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Post by lance on Mar 18, 2013 10:36:03 GMT -8
focus on AAPL not tiny Cyprus, it is one of the most important moves the stock has done in 6months
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Post by Red Shirted Ensign on Mar 18, 2013 10:39:28 GMT -8
focus on AAPL not tiny Cyprus, it is one of the most important moves the stock has done in 6months Powering ahead...456.50....I'm getting a nosebleed. Climb over those moving averages..step by step... |
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Post by macwire on Mar 18, 2013 10:42:13 GMT -8
Attaboy.
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Post by cbingle on Mar 18, 2013 10:42:49 GMT -8
As I stated in the weekend thread, Sentiment changed last Thursday night. This is real.
STMF
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icam
Member
Posts: 447
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Post by icam on Mar 18, 2013 10:46:01 GMT -8
iPad - What to look for to determine when the shorts are getting their brains squeezed out? And, will this be an indicator of a temporary top before more up? Thx.
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Post by sponge on Mar 18, 2013 10:49:08 GMT -8
Not complaining, but I hope this just keeps on going to 475.
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Post by Odd-Lot Richard on Mar 18, 2013 10:51:26 GMT -8
I think I can hear the EOs thinking: "hm, my GOOG/AMZN has been downtrending 5% over the last two weeks. Time to rotate back into AAPL!"
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Post by prazan on Mar 18, 2013 11:04:48 GMT -8
What are folks calculating as the trendline we're trying to break? My charts show $455, but they aren't definitive, showing different numbers based on the time period: weekly, daily, etc.
On the weekly chart, we look poised for a crossover on the MACD 12 26. We crossed over to the negative late in September of 2112.
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