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Post by lovemyipad on Aug 15, 2013 15:54:28 GMT -8
Bud:
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Mav
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Post by Mav on Aug 15, 2013 16:07:36 GMT -8
I second that. We root for longs of all stripes and risk levels at the end of the day.
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Post by macwire on Aug 15, 2013 16:18:11 GMT -8
Looks like the LONG google/SHORT Apple trade is unwinding at ferocious speed. Looks like google has broken down through its recent support level? goog is interesting it tends to always test is prior break out point. on a daily i show that to be about 840ish which corresponds to about a 50 percent retrace of its may low to most recent high. if has bounced off that prior test pretty strong last few times. like this:
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Post by artman1033 on Aug 15, 2013 16:20:52 GMT -8
Hey, is Bud out there? I'm curious about how that little mortgage refinancing he did looks now, with Apple 70 points higher in a month.... Hi Red, Thanks for thinking of us. After the July 20 options expired worthless, we sat on our hands until after ex-dividend. Today we sold 9 Jan 15 contracts at 590 for about $30k. That funds our budget for visiting grand kids for the next year. When we get called away, we make about $130k on the whole deal after taxes. I was a little worried in June, but things look pretty good now. It has been a real lesson in the importance of setting a specific goal, developing a strategy and executing it. You just cannot get caught in the trap of "Oh I could have done even better". Thanks again to everyone on the board for the support and guidance WHOA! You must bring your Grandkids BIG gifts. I bring mine homemade cupcakes each week.
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Post by Deleted on Aug 15, 2013 16:36:26 GMT -8
Hey, is Bud out there? I'm curious about how that little mortgage refinancing he did looks now, with Apple 70 points higher in a month.... I'll bet his wife loves him more often since they did it. As I recall, that was a 2.5% interest loan, all due and payable in 7 years, with the dividends making the mortgage payments along the way. They could sell now and make $70 times X number shares after paying off the loan (which I believe was in the area of $400K). Hope this posts. I got a phone call that interrupted completion for over an hour. Don't know if the servers still recognize the account.
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Post by Deleted on Aug 15, 2013 16:42:40 GMT -8
It's not over, given the the case was dismissed on a technicality. A refiling will likely happen. The attorneys involved are ambulance chasers. Reform is needed to prevent frivolous lawsuits, and this one qualifies for that distinction. This suit doesn't have a snowball's chance in hell of getting past dismissal arguments. The judge made that abundantly clear in his dismissal remarks.
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Post by Deleted on Aug 15, 2013 16:48:20 GMT -8
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Mav
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Post by Mav on Aug 15, 2013 17:13:44 GMT -8
Nice. Thanks for the heads-up. I'd figure that at beta 6, things are looking "as good as they're gonna get" before being "tested" by the rest of us. ;D Sure would be nice to have iPhones ready to go more like a week earlier than same time last year, as opposed to a couple of days. Hey, as long as the cadence is one year or better, I guess I can deal. iOS 7 in November? Try again, FUDsters.
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Post by Deleted on Aug 15, 2013 17:17:52 GMT -8
Surprised Beta 6 dropped today...its been coming out every 2nd Monday other than the hack with the Developers site. Doesn't seem to be anything too major...must be getting close
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Post by Deleted on Aug 15, 2013 18:37:14 GMT -8
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Post by prazan on Aug 15, 2013 18:56:50 GMT -8
Gold? How Versace. According to the chart, Apple plans two colors for the 5s. If one is gold, do they drop white or black? Neither, I hope. Men like black. Women prefer white. The nouveau riche go for gold. More men and women than nouveau richies. But perhaps I'm misreading the rumored rumors.
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Mav
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Post by Mav on Aug 15, 2013 19:02:02 GMT -8
Kuo gets big kudos for A6 in the new low-end iPhone if he's right even if a bit inaccurate on other details (say if iPhone 5 is dropped from the lineup). He was early with that call.
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Post by Deleted on Aug 15, 2013 19:43:58 GMT -8
Gold? How Versace. According to the chart, Apple plans two colors for the 5s. If one is gold, do they drop white or black? Neither, I hope. Men like black. Women prefer white. The nouveau riche go for gold. More men and women than nouveau richies. But perhaps I'm misreading the rumored rumors. Three colors on the 5s is no less a rumor than just two colors at this point. Unless Apple improves the durability of the black anodized finish, I could see Apple dropping black, which I expect as an option on the 5c. It's a very safe bet there were more returns of blemished black 5s phones than white models. All in all, I think there will be 3 5s models. Gold for the bling set is fine for those who roll with that. Me? I don't want my iPhone looking like a used one after the first day, so I opt for white, not black.
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Post by prazan on Aug 15, 2013 19:49:50 GMT -8
Black is too iconic to drop, I think. Three colors are better than two. Fitzpatrick posted a video devoted to trading Apple this evening. It's thorough and smart. One of the best I've seen from him. Those looking for another entry might want to watch: www.stockmarketmentor.com/public/4600.cfm
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Post by Red Shirted Ensign on Aug 15, 2013 20:37:28 GMT -8
Gold? How Versace. According to the chart, Apple plans two colors for the 5s. If one is gold, do they drop white or black? Neither, I hope. Men like black. Women prefer white. The nouveau riche go for gold. More men and women than nouveau richies. But perhaps I'm misreading the rumored rumors. Three colors on the 5s is no less a rumor than just two colors at this point. Unless Apple improves the durability of the black anodized finish, I could see Apple dropping black, which I expect as an option on the 5c. It's a very safe bet there were more returns of blemished black 5s phones than white models. All in all, I think there will be 3 5s models. Gold for the bling set is fine for those who roll with that. Me? I don't want my iPhone looking like a used one after the first day, so I opt for white, not black. Hey, I'm a man's man and a lady's man.......but I can't hold a gold iPhone....
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Post by Deleted on Aug 15, 2013 21:06:57 GMT -8
I beg to differ. If Da Ali G can, you can.
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Mav
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Post by Mav on Aug 15, 2013 21:18:18 GMT -8
I doubt the iPhone 5S _won't_ have some variation of the classic black color scheme. And even if they don't at launch and Business Insider says "UH OH: IPHONE 5S DOOMED BECAUSE OF SINGLE COLOR CHOICE, HERE'S WHY", Apple can always use the one they had in reserve the whole time, just in case of customer backlash.
prazan, I'm sorry, I can't get over Fitz's "buy 700, why not" one day and "eh, AAPL's not for me" a couple hundred or so bucks below that. It's maybe a subconscious reason why I took up technicals. To find things out for myself.
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Mav
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Post by Mav on Aug 15, 2013 21:32:43 GMT -8
The longer I'm on StockTwits (and I can only take a few minutes at a time), the more I can't believe there's traders stupider than me out there. That takes something special.
For example, one committed bear over there had a chart on Monday of two resistance levels, I think within 10-20 points of 485, AAPL's pseudo-island bottom. Two horizontal lines. That's his bearish for all time case. I mean FOR CRYING OUT LOUD, THAT'S LIKE ERNIE TECHNICALS (/end rant)
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Post by Deleted on Aug 15, 2013 22:35:17 GMT -8
I'll need to look over the charts, but if you throw out the outlier 489 print? Nothing obviously bearish. I can't find a chart anywhere that shows an intraday low below $493.70.
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