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Post by phoebear611 on Jan 24, 2014 3:41:44 GMT -8
Happy 30th Birthday, Mac! and Happy Friday to the rest of you. Markets still soft - my screen is red just about everywhere other than SBUX. AAPL is currently down over 4 points but take it in stride since it is on 13k shares (the shorts are screwing with your head). We have the almighty Friday PIN somewhere around the $550ish area. 9 to 5 Mac saying AAPL may come out with set top box first half of this year - Icahn increased his position and filed a well thought out letter - Samsung earnings miss (was it due to AAPL?) - larger iPhones (6) on the horizon - only to mention a few things mentioned on AAPL this week alone! It's an obsession. I'm exhausted just listing them!
Cheers to the longs ... should be a very interesting beginning of the week next week. Don't forget if you own near term options - vol will get sucked out after the company reports....so you can be "right" and still lose money - just a reminder to assess your positions if you haven't done so already. Enjoy the day!
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Post by macwire on Jan 24, 2014 3:47:29 GMT -8
And futures seem very very heavy. First time we've had a follow through selling. If it sticks.
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Post by rob_london on Jan 24, 2014 4:04:13 GMT -8
I enjoyed the Apple - Thirty Years of Mac web page... a nice diversion from looking at all the red in my stocks this morning...
What was your first Mac? The first machine I bought was a PowerBook 180 in 1991, although I had previously used Apple Ii ci and cx computers in the architectural office where I worked. I believe we had the largest Mac installation in the UK at the time (late '80s), although the Macs were only used for word processing and spreadsheets. CAD work was done on large dual screen Intergraph computers.
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Post by mcharliem on Jan 24, 2014 4:26:15 GMT -8
Don't forget if you own near term options - vol will get sucked out after the company reports....so you can be "right" and still lose money - just a reminder to assess your positions if you haven't done so already. Enjoy the day! FYI - the ATM straddle closed yesterday right around $30, and based on previous pricing going into reports, I'd be surprised if it wasn't at least that high at Monday's close. So anyone who happens to be long Jan 31 vol right now I think has a good chance of getting free gamma for today and Monday's trading. When it comes to trading options, it's tough to beat free gamma because it's a no lose situation to be in.
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Post by macwire on Jan 24, 2014 4:39:44 GMT -8
I enjoyed the Apple - Thirty Years of Mac web page... a nice diversion from looking at all the red in my stocks this morning... What was your first Mac? The first machine I bought was a PowerBook 180 in 1991, although I had previously used Apple Ii ci and cx computers in the architectural office where I worked. I believe we had the largest Mac installation in the UK at the time (late '80s), although the Macs were only used for word processing and spreadsheets. CAD work was done on large dual screen Intergraph computers. I've never owned a PC. My first mac was a LC from Whole Earth Access in Berkeley. Used to love going to that store. I was in middle school :0
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Post by phoebear611 on Jan 24, 2014 4:55:01 GMT -8
In other news...looks like Rafa beat Federer at the Aussie Open.
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coma
Member
Posts: 523
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Post by coma on Jan 24, 2014 5:28:54 GMT -8
In other news...looks like Rafa beat Federer at the Aussie Open. Oh noes, Apple is doomed . . .
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Post by dreamRaj on Jan 24, 2014 5:30:50 GMT -8
Recovering in pre-market. I think the force of ER will be greater than that of the market going down. We should end green. Edit: I forgot about that other force called the "pin". Let's see
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Post by dreamRaj on Jan 24, 2014 5:56:26 GMT -8
I love the horrible numbers Samesung reported for the S4.
But I do wonder what stopped them from reporting high false numbers. It's not like doing that kinda stuff is below their (already low) level of ethics.
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Post by artman1033 on Jan 24, 2014 6:30:43 GMT -8
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Post by artman1033 on Jan 24, 2014 7:50:27 GMT -8
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Post by BillH on Jan 24, 2014 8:32:53 GMT -8
Huge fun. This was my first Mac. Additionally, I launched my (toy) business with this (toy) computer. Both are still going strong but bear little resemblance to their original iteration. The business goes on without me. Thanks Steve!
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Post by PikesPique on Jan 24, 2014 8:39:07 GMT -8
My first was the first, bought a few months after the release. 128K! It cost a relative fortune, but was soooo sweet compared to all the DOS PCs of the day. I used it for four years before selling it (wish I hadn't) to get a Mac SE (which I still own). Over the years I've owned: Mac 128K Mac SE Mac Centris 610 PowerBook 1400 PowerBook 5300 Newton MessagePad 100 (original) Newton MessagePad 130 Newton MessagePad 2100 (last model) PowerBook G3 eMac PowerBook G4 Ti 15" iBook (2001) MacBook Pro 15" (2008) MacBook Pro 13" (2011) iPhone (original) iPhone 3GS iPhone 4S iPhone 5S iPad (original) iPad 3 AppleTV 40GB (original silver) AppleTV 3 I also owned a couple clones which I don't talk about...
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Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
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Post by Mav on Jan 24, 2014 8:41:01 GMT -8
Seeking Alpha makes it easier than ever for me to avoid them.
Register for second page even from Yahoo! Finance? Morningstar doesn't force me to do that for earnings transcripts.
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Post by archibaldtuttle on Jan 24, 2014 9:22:37 GMT -8
Let's hope AAPL gets up closer to the S&P's average PE before the S&P's average PE comes down to meet AAPL's.
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Post by Red Shirted Ensign on Jan 24, 2014 10:45:39 GMT -8
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Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
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Post by Mav on Jan 24, 2014 10:48:21 GMT -8
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Post by macwire on Jan 24, 2014 11:30:01 GMT -8
Some big carnage out there across all asset classes.
Stay safe
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Post by Nevyn on Jan 24, 2014 11:30:50 GMT -8
Hmmm, I'm thinking of buying 100 shares and then write a covered call, weekly 550 is $16. Looks tempting.
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Post by macwire on Jan 24, 2014 11:31:44 GMT -8
Some big carnage out there across all asset classes.
Stay safe
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Post by awcabot on Jan 24, 2014 11:36:33 GMT -8
In the mean time, Jamie Dimon gets a pay raise to $20M. Why bother working if you can make that amount of money in one year?
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Post by phoebear611 on Jan 24, 2014 12:01:54 GMT -8
In the mean time, Jamie Dimon gets a pay raise to $20M. Why bother working if you can make that amount of money in one year? Because it's not about the money at this point to Jamie.
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Post by po1nt on Jan 24, 2014 12:02:57 GMT -8
We just broke to the downside of the wedge
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Post by incorrigible on Jan 24, 2014 12:11:22 GMT -8
Icky
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Post by Volvocoupe on Jan 24, 2014 12:31:06 GMT -8
At least it's across the board and it is nice to see Google down 3% vs Apple's 1.85%!
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JDSoCal
Member
Aspiring oligarch
Posts: 4,189
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Post by JDSoCal on Jan 24, 2014 12:36:14 GMT -8
Bought 550-555 puts again this week. Yet somehow, I am not feeling all that triumphant. Truth is, a 545-550 close is what I would have expected based on OI, so not a total falling elevator...yet. Actually, I forgot about the $2.50 strikes - 547-550 would be correct OI range.
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Post by artman1033 on Jan 24, 2014 12:49:12 GMT -8
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JDSoCal
Member
Aspiring oligarch
Posts: 4,189
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Post by JDSoCal on Jan 24, 2014 13:01:59 GMT -8
And I'm sure that stupid, Ballmer-looking dunderhead Steve Leesman was defending the Fed, as usual.
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Post by cbingle on Jan 24, 2014 13:06:31 GMT -8
Red:
How is the relative strength looking today? Looking for some insight.
Thanks
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Post by aapl4kiki on Jan 24, 2014 13:10:09 GMT -8
Red: How is the relative strength looking today? Looking for some insight. Thanks Don't be a dick.
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