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Post by phoebear611 on Feb 26, 2014 3:14:15 GMT -8
Good morning ~
Do any of you remember waking up with a hangover in college after an "all night-er" and feeling incredulous by what happened the night before? That's how I feel about yesterday's thread. That discussion DOES NOT belong on this board. If iPad feels I am out of line for making that statement, she will let us know. We need to move on and focus on AAPL, tech, and the markets. Let's attempt to take the high road today and get back to the business of AAPL.
Markets a bit mixed this morning but pretty much flat all around. Home sales numbers come out at 10:00 am today. A bunch of retailers will be reporting earnings before and after the bell. BankAmerica and Credit Suisse in the news...Bitcoin...Natural gas...and of course, the meteoric rise in TSLA (which NOT ONE talking head has referred to as "parabolic" - guess that word is only reserved for AAPL). This reminds me of an article on AI about the slanted coverage on AAPL by the media - you can go on the site to take a look. This morning AAPL has gone below the $522 fib level on a mere 7k shares. Perhaps we travel to the $512-$515 level to fill the gap - not sure. And if we do, then what? Do we retest $490? I continue to hold a small core position and watch for some stability or good news....Waiting for Godot. Maybe Godot will appear at the investors meeting on Friday.
Barcelona - Mobile World Conference - a big data day today. CSCO, EMC, IBM amongst others speaking today.
Try to keep the board civil - these are difficult times for holders of this stock but we have weathered more difficult times. Patience.
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Post by rickag on Feb 26, 2014 4:37:50 GMT -8
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Post by macwire on Feb 26, 2014 6:56:24 GMT -8
Dead stock.
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Post by Nevyn on Feb 26, 2014 6:59:27 GMT -8
Haven't they heard? Godot is dead.
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Post by nagrani on Feb 26, 2014 7:03:40 GMT -8
IMO alone - When it broke the 20 day - It became an easy short. Apple is no longer a super stock. It's just another Microsoft or CSCO and the market now knows it. The only people who find this frustrating are people who own options, are overly concentrated in aapl and/or people who are emotionally attached to apple.
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Post by macwire on Feb 26, 2014 7:12:09 GMT -8
IMO alone - When it broke the 20 day - It became an easy short. Apple is no longer a super stock. It's just another Microsoft or CSCO and the market now knows it. The only people who find this frustrating are people who own options, are overly concentrated in aapl and/or people who are emotionally attached to apple. This Maybe they will create or disrupt an industry Maybe it will be this year. Or two years. Or three years Trading this using options...forget it. You're gonna get owned. Range bound purgatory. I suspect 495 will prove support but it's aimless drift in this 495-550/575 zone without a product catalyst And I don't mean iPhone 6.
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Post by rickag on Feb 26, 2014 7:13:04 GMT -8
Apple is not on the list of Buying on Weakness. Buying on WeaknessAAPL does have a positive money flow, however, it is only 1.18 (re: Value of trades on upticks / value of trades on downticks) Looking at the numbers, Apple should be on the Buying on Weakness list with a cash inflow of $27.24 million. Not sure, maybe the next update on the list will include AAPL. Any thoughts?
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Post by terps530 on Feb 26, 2014 7:13:40 GMT -8
IMO alone - When it broke the 20 day - It became an easy short. Apple is no longer a super stock. It's just another Microsoft or CSCO and the market now knows it. The only people who find this frustrating are people who own options, are overly concentrated in aapl and/or people who are emotionally attached to apple. people who own options - Strike 1 are overly concentrated in aapl - Strike 2 are emotionally attached to apple - Strike 3 IM OUT! (of money)
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Post by nagrani on Feb 26, 2014 7:18:10 GMT -8
If we get over 20 day at close. I'll come in for some weeklies
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Post by hamourabi on Feb 26, 2014 7:27:04 GMT -8
I feel that Apple is actively buying back its stocks and thinks ( may be acts ) the lowest AAPL the better
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Post by gtrplyr on Feb 26, 2014 8:12:52 GMT -8
I feel that Apple is actively buying back its stocks and thinks ( may be acts ) the lowest AAPL the better Not sure exactly how they could be responsible for driving the price down ? I think it's just basically dead until they announce some products .... if the new product announcements don't move this thing I'm finally done ... I guess I can't complain since I started buying around $37 but I'm just plain tired.
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Feb 26, 2014 8:17:47 GMT -8
Let's all go out and buy weeklies, let's build those call walls. But before you do, be sure to prepay your bankruptcy attorney.
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Post by artman1033 on Feb 26, 2014 9:40:51 GMT -8
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Post by rickag on Feb 26, 2014 10:24:49 GMT -8
Apple appeared on the Buying on Weakness list. Buying on WeaknessAll block trades made on upticks.
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Post by artman1033 on Feb 26, 2014 10:58:33 GMT -8
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JDSoCal
Member
Aspiring oligarch
Posts: 4,186
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Post by JDSoCal on Feb 26, 2014 12:04:28 GMT -8
Good morning ~ Do any of you remember waking up with a hangover in college after an "all night-er" and feeling incredulous by what happened the night before? That's how I feel about yesterday's thread. That discussion DOES NOT belong on this board. If iPad feels I am out of line for making that statement, she will let us know. We need to move on and focus on AAPL, tech, and the markets. Let's attempt to take the high road today and get back to the business of AAPL. Try to keep the board civil - these are difficult times for holders of this stock but we have weathered more difficult times. Patience. I reserve the right to discuss Apple's press releases on the Intraday. If anyone here doesn't like it, tough, put me on ignore. As far as your call for civility goes, I agree. Frankly, I have lost confidence in Tim Cook, and I might be bailing on the stock, as taxes allow. If we were above 700 I'd already be out and not posting here anymore.
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Post by phoebear611 on Feb 26, 2014 12:25:53 GMT -8
According to AppleInsider: Institutional ownership of Apple stock reaches new 5-year low "Institutional ownership of large-cap stocks is currently at high levels, but there is one glaring exception to that trend: Apple, which is currently at a five-year low among hedge funds, banks, mutual funds, and other powerful types of financial institutions."
Lots of folks have lost faith it seems.
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Post by appleaddict on Feb 26, 2014 12:36:34 GMT -8
If we were above 700 I'd already be out and not posting here anymore. I think we all would be. There should be a riot at the shareholders meeting Friday.
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Post by tuffett on Feb 26, 2014 13:03:56 GMT -8
If we were above 700 I'd already be out and not posting here anymore. I think we all would be. There should be a riot at the shareholders meeting Friday. What are they going to say? Apple is publicly buying back tons of stock at low levels and has promised a new product category this year. To me, this is a great opportunity to buy and hold.
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Post by valere on Feb 26, 2014 13:19:06 GMT -8
On a positive note , looks like there will be institutions able to buy if and when the new product comes . A few years ago everyone was long apple and a lot of funds were at their limit. I can also foresee a rotation out of GOOG , AMZN , NFLX and various high fliers when Apple announces something .. I am a bit concerned about TIm Cooks tweet from yesterday though "Remembering Steve on his birthday: "Details matter, it’s worth waiting to get it right." Seems like we will be waiting a while longer or he is just messing with us
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Post by appleaddict on Feb 26, 2014 13:27:08 GMT -8
I think we all would be. There should be a riot at the shareholders meeting Friday. What are they going to say? Apple is publicly buying back tons of stock at low levels and has promised a new product category this year. To me, this is a great opportunity to buy and hold. Apple stock has tanked for more than a year while the rest of the market has hit all-time highs because Tim Cook has over-promised and under-delivered. Hard to see this as a buying opportunity when there are miles to go just to recover the losses.
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Post by zzmac on Feb 26, 2014 13:56:49 GMT -8
"Remembering Steve on his birthday: "Details matter, it’s worth waiting to get it right." The iWatch will probably be able to tell me that I forgot to take my blood pressure pill, do an EKG and perform heart surgery but it probably won't be on the @#$%(*& shelves until 2018.
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Post by geraci on Feb 26, 2014 14:07:21 GMT -8
Frankly, I have lost confidence in Tim Cook, and I might be bailing on the stock, as taxes allow. If we were above 700 I'd already be out and not posting here anymore. If Tim Cook happened to be reading this board, I think he would say without a trace of emotion: "Why are you still here?"
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Post by phoebear611 on Feb 26, 2014 14:07:23 GMT -8
Well here is the other issue...do you recall when he (TC) was asked if what he was referring to were product upgrades or completely new categories. If I recall his response was that anyone reasonable would consider them new categories. Maybe I'm being silly but it left me with a feeling that there might be folks who WON'T consider what's coming a new product??? I have to stop dissecting his words but I keep telling myself if the size of the phone or tablet ... or a few new icons on the TV is all he has in mind....well I'll really stick a pencil in my eye. I don't know about anyone else but my thinking is that anything new out of AAPL is going to come in the second half of the year....pure spec on my part.
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Post by socal Film Composer on Feb 26, 2014 14:18:59 GMT -8
What are they going to say? Apple is publicly buying back tons of stock at low levels and has promised a new product category this year. To me, this is a great opportunity to buy and hold. Apple stock has tanked for more than a year while the rest of the market has hit all-time highs because Tim Cook has over-promised and under-delivered. Hard to see this as a buying opportunity when there are miles to go just to recover the losses. well said - Or to put it another way - well at LEAST we seem to be at another inflection point of max. FUD and apathy - and we are sitting at the low 500s - I know this sucks - but 500 is still a whole let better than 380 for the place we are in. I too hold TC for managing expectations horribly, which IS the job of a CEO - over promising is such a trap. He really has lost all hope and confidence by the DIS-CONNECT from his verbiage to what the company has shown. If I was going to psychoanalyze this - I think the MAPS fiasco (very early in his tenure) made him rethink the whole 'green-light' we're ready to release strategy, and NOW he's being TOO slow and over-cautious whiles other companies "seem" to march fwd., and ahead of Apple in certain spaces. (watches, smart TVs, etc.) this isn't to say these offerings are any-where what I think APPL has the potential and talent to release, but waiting too long can have it's costs, not only with the stock price, but also with consumers. It seems like we have waiter for f-in' ever for a bigger screen iPhone, and I tend to agree that is NOT going to move the needle. Pitchforks should be raised at the meeting - he needs to feel some heat. I think there is a bit of a bubble of hubris and overconfidence in the board-room and executive suites.
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Post by redinaustin on Feb 26, 2014 14:28:30 GMT -8
Frankly, I have lost confidence in Tim Cook, and I might be bailing on the stock, as taxes allow. If we were above 700 I'd already be out and not posting here anymore. If Tim Cook happened to be reading this board, I think he would say without a trace of emotion: "Why are you still here?"
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Post by lovemyipad on Feb 26, 2014 14:54:02 GMT -8
Well, my psyche is programmed to buy at 61.8% retrace, which we hit almost to the penny today. Perhaps because other psyches are also programmed to buy at 61.8...and perhaps "some among those" also program machines...?
On a personal note, this is the worst flu I have ever experienced. This is Day 7.
Please try not to kill each other...
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Post by Red Shirted Ensign on Feb 26, 2014 15:18:13 GMT -8
Well, my psyche is programmed to buy at 61.8% retrace, which we hit almost to the penny today. Perhaps because other psyches are also programmed to buy at 61.8...and perhaps "some among those" also program machines...? On a personal note, this is the worst flu I have ever experienced. This is Day 7. Please try not to kill each other... No promises... Get Well soon.... I've backed out of almost all option positions in the past three weeks. I'm sadly with the crowd that thinks there is nothing AAPL can do right while APPLE continues to do fine, as corporations go. I'll just collect dividends from now on and wait for some kind of kickstart....
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Post by lovemyipad on Feb 26, 2014 16:09:25 GMT -8
...It seems lovemyipad has found the Ignore button. Good for her. I wish!!!!!!!!! Quick note to all... As I posted earlier, I've been enduring the Flu From Hell, and haven't read the Intraday threads in a week... Now I'm about to catch up on what I've missed, and I've already been warned... So, if you should find yourself in TimeOut shortly, you should know why. You should have already known why when you posted.
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Post by lovemyipad on Feb 26, 2014 16:12:07 GMT -8
I posted this some time ago: Kindly keep homophobic comments to yourself. I will delete them. And if they continue, I will delete you.
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