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Post by lovemyipad on Nov 20, 2012 11:59:26 GMT -8
Lovey, I am showing 571.95 as HOD, what gives with the 574? Thank you!!! Argh. Is it too much to ask for flippin' accurate data from your data providers?! I have consulted six platforms and I have THREE different numbers for the high in the first 5 min of trading. I went back and looked at Time & Sales...there is no 574...so I can throw that one out. The other two are off a nickel...not a penny, which I could write off as a rounding error...sheesh... And Mav, I have the same darn problem with the SMAs. I think it's that whole dividend adjustment crap...only Stockcharts.com does it, of my various platforms...none of the others. But if it's messing with my levels, making them inconsistent with every other platform, then what WTF good is it?! Phooey!
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Mav
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Post by Mav on Nov 20, 2012 16:41:49 GMT -8
Is there ANOTHER IHS kinda forming? Interesting... Much less conviction on that pattern than the last one, which looked more classic.
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Post by lovemyipad on Nov 21, 2012 7:04:37 GMT -8
YES on potential IHS...let price confirm or invalidate. Bias is up until the lower trendline breaks... AAPL INTRADAY 5-MIN CHART:
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Post by lovemyipad on Nov 27, 2012 8:11:48 GMT -8
WAG: *if SMA-20 on the 5 min holds* AAPL INTRADAY 15-MIN:
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Post by lovemyipad on Nov 27, 2012 8:13:09 GMT -8
We have potential IHS all over the place now...
Watch SMA-50 on the 5... Break above that and resume upwave, IMHO.
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Post by lovemyipad on Nov 27, 2012 13:01:44 GMT -8
AAPL INTRADAY 15-MIN CHART: smooshie!
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Mav
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Post by Mav on Nov 27, 2012 13:23:11 GMT -8
For a cooling off day, it wasn't bad bigger picture (from two weeks ago )
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Post by rutgersguy92 on Nov 27, 2012 15:23:59 GMT -8
AAPL INTRADAY 15-MIN CHART: smooshie! Looks like a pennant forming, with break to the upside.
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Mav
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Post by Mav on Nov 27, 2012 19:49:31 GMT -8
Bullish pennant possibility = refreshing change of pace, for sure. But we'll see.
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Mav
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Post by Mav on Nov 28, 2012 13:34:48 GMT -8
AAPL appears to have broken below on that 15-min timeframe, but looking at things from the daily still looks like consolidation/holding higher levels. Am I missing something, iPad?
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Post by lovemyipad on Nov 28, 2012 13:50:12 GMT -8
AAPL appears to have broken below on that 15-min timeframe, but looking at things from the daily still looks like consolidation/holding higher levels. Am I missing something, iPad? Studying the charts now...
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Post by wheeles on Nov 28, 2012 14:50:10 GMT -8
Just got back from the pub and my (slightly inebriated) view is that the high of the day tomorrow could come in the PM and the opening print in regular hours is likely to be below today's close with the day ending down.
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Post by rutgersguy92 on Nov 28, 2012 15:58:19 GMT -8
Just got back from the pub and my (slightly inebriated) view is that the high of the day tomorrow could come in the PM and the opening print in regular hours is likely to be below today's close with the day ending down. So you're looking for kind of a repeat of today? Lower open, rally to high of day in the afternoon, and closing down overall for the day?
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Post by wheeles on Nov 28, 2012 16:42:16 GMT -8
Just got back from the pub and my (slightly inebriated) view is that the high of the day tomorrow could come in the PM and the opening print in regular hours is likely to be below today's close with the day ending down. So you're looking for kind of a repeat of today? Lower open, rally to high of day in the afternoon, and closing down overall for the day? No, I'm thinking an early high and then a move down from there.
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Post by lovemyipad on Nov 28, 2012 18:12:35 GMT -8
Divergence Cheat SheetSomeone check my work please... Using the above cheat sheet, this is an example of "hidden bullish divergence," right? AAPL 1H CHART:
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Post by lovemyipad on Nov 28, 2012 19:00:54 GMT -8
Mace used to say though we never know what happens next, we just can't help guessing. Okay, so I am GUESSING here. File this under WAG-WAG-and-more-WAG. Nothing more than conjecture. Market is dynamic, not static...everything can change tomorrow. Trade price, not opinions. Etc. Etc. Etc. --------------------- First there's this chart, with regular bearish divergence. Price makes a higher high, but MACD-h doesn't = waning momentum and, if nothing changes, potential pullback on the horizon. AAPL 1H: Regular Bearish Divergence Okay, so that follows through with today's pullback, which brings us to this one, which potentially suggests there's enough gas in the tank for another push up. AAPL 1H: Hidden Bullish Divergence So...my WAG aligns with Birdie's sloshed WAG... IF we get another push up tomorrow, and IF that corresponding MACD-h makes an even LOWER mountain that the previous ones...then, it might not be a bad idea to make a gameplan for a potential pullback between 23.6% and 61.8% of the move from 505.75 to tomorrow's HOD.
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Post by wheeles on Nov 29, 2012 4:00:37 GMT -8
Am hoping (not predicting) we see 594 before any sell-off.
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Post by rickag on Nov 29, 2012 4:50:06 GMT -8
Divergence Cheat SheetSomeone check my work please... Using the above cheat sheet, this is an example of "hidden bullish divergence," right? AAPL 1H CHART: I don't know if it makes a difference the the hidden bearish/bullish lesson you linked to was using stochastics not MADC or RSI. I am just too ignorant of TA to know if this makes a difference.
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Post by wheeles on Nov 29, 2012 5:00:14 GMT -8
Divergence Cheat SheetSomeone check my work please... Using the above cheat sheet, this is an example of "hidden bullish divergence," right? AAPL 1H CHART: I don't know if it makes a difference the the hidden bearish/bullish lesson you linked to was using stochastics not MADC or RSI. I am just too ignorant of TA to know if this makes a difference. The way I see it, 4H MACD is bearish, while 1H MACD is bullish. Therefore, while the short term move is up, there is a longer term downward pressure that will reassert itself once the short term up move is exhausted. The only way that will not happen is if the up moves lasts long enough for the 4H chart to start getting bullish again.
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Post by phoebear611 on Nov 29, 2012 5:03:10 GMT -8
How do macro events play out here? If Washington - heaven forbid - makes a deal - does that trump technicals, or no?
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Post by wheeles on Nov 29, 2012 5:06:19 GMT -8
How do macro events play out here? If Washington - heaven forbid - makes a deal - does that trump technicals, or no? It would probably trump short term technicals, but not the much longer term ones. So, we might get a ramp for 3-5 days, but looking at it from a monthly perspective, it would have zero impact.
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Post by phoebear611 on Nov 29, 2012 5:17:11 GMT -8
How do macro events play out here? If Washington - heaven forbid - makes a deal - does that trump technicals, or no? It would probably trump short term technicals, but not the much longer term ones. So, we might get a ramp for 3-5 days, but looking at it from a monthly perspective, it would have zero impact. So if we look at Lovey's Fib levels and somehow we get to 605 (to make the numbers round since the low was 505ish) we could see a 24%-62% ish pullback of that move (100 pt move so 22 to 62 pt down draft). Am I understanding this correctly?
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Post by rickag on Nov 29, 2012 5:53:58 GMT -8
I don't know if it makes a difference the the hidden bearish/bullish lesson you linked to was using stochastics not MADC or RSI. I am just too ignorant of TA to know if this makes a difference. The way I see it, 4H MACD is bearish, while 1H MACD is bullish. Therefore, while the short term move is up, there is a longer term downward pressure that will reassert itself once the short term up move is exhausted. The only way that will not happen is if the up moves lasts long enough for the 4H chart to start getting bullish again. Thank you for the information.
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Post by lovemyipad on Nov 29, 2012 6:31:58 GMT -8
How do macro events play out here? If Washington - heaven forbid - makes a deal - does that trump technicals, or no? The technicals are always changing to reflect the latest market changes. So if DC does something to affect the market, we'll see it in the technicals.
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Post by lovemyipad on Nov 29, 2012 7:51:26 GMT -8
So if we look at Lovey's Fib levels and somehow we get to 605 (to make the numbers round since the low was 505ish) we could see a 24%-62% ish pullback of that move (100 pt move so 22 to 62 pt down draft). Am I understanding this correctly? Yes.
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Post by mbeauch on Nov 29, 2012 7:54:21 GMT -8
So if we look at Lovey's Fib levels and somehow we get to 605 (to make the numbers round since the low was 505ish) we could see a 24%-62% ish pullback of that move (100 pt move so 22 to 62 pt down draft). Am I understanding this correctly? Yes. 62 points down, man, you girls want to make a grown man cry. (Again)
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Post by wheeles on Nov 29, 2012 8:24:06 GMT -8
62 points down, man, you girls want to make a grown man cry. (Again) Can't you buy some puts or something?
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Post by mbeauch on Nov 29, 2012 14:45:54 GMT -8
Can't you buy some puts or something? BB, I have never been good at the dark side. Especially now when I think up stands just as good a chance as down. Lovey begged me to buy some way OTM bear spreads over a month ago, I just wish I would have listened. I have major regrets over not buying a few hundred bear spreads. I was in a state of shock and was not thinking clearly. I will just have to work harder.
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Post by wheeles on Nov 30, 2012 2:40:10 GMT -8
Can't you buy some puts or something? BB, I have never been good at the dark side. Especially now when I think up stands just as good a chance as down. Lovey begged me to buy some way OTM bear spreads over a month ago, I just wish I would have listened. I have major regrets over not buying a few hundred bear spreads. I was in a state of shock and was not thinking clearly. I will just have to work harder. I don't see buying puts as a bet against AAPL, just insurance to protect what you have. If the prospect of a drop is causing undue worry, then buying some puts will mitigate that. Don't ask me which ones as I don't do options.
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Post by lovemyipad on Dec 2, 2012 19:29:58 GMT -8
Hmmmm...remember this one? AAPL 1H INTRADAY CHART:
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