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Post by roni on Oct 9, 2012 5:23:49 GMT -8
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Post by roni on Oct 9, 2012 5:25:23 GMT -8
I am not worried in the least bit. I was worried back in April, May, June, July because of inexperience. At the end of the day, I ask myself just one thing: are the fundamentals of this company going to continue to improve? That's a yes. As someone with the bulk of my portfolio in commons and an April spread, that's all I have to think about. I agree, but the bulk of my Apples are in Jan 14 ITM and Jan 15 OTM LEAPS - I think of them as almost as safe as shares
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Post by mtjs on Oct 9, 2012 5:38:33 GMT -8
There is no manipulation. Look at the broader market and you'll see. Then again some would say that the whole market is built on all kinds of manipulation. We must be so glad that we are non-algorithmic random processing beings that change thought and feelings more often then any processor can think '1? 0?'. We, humans are the basis of the market and them, machines are trying to understand us. While most of the time we don't understand ourselves we did build those machines figuring us out. So... go figure! You are completely mistaken and I have watched first hand in my career as hedge funds would put orders in pre-market to enhance their shorts and frighten retail into selling. I agree that not all is manipulated but don't be naive that there is no manipulation since I am NOT speculating on this - I watched and experienced it for many years. Every stock with a bit meaningful volume was down equally as much in PM. Can you define when it is manipulation? Thanks. (or is it manipulation if it goes in the direction you don't want? )
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Post by rob_london on Oct 9, 2012 5:42:21 GMT -8
Still very early but AAPL looking a bit stronger this morning. Will we get a nice bounce today?
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Post by stkstalker on Oct 9, 2012 5:55:31 GMT -8
And the new Nanos are shipping! Shipped on Oct 9, 2012 |Signature required for delivery Track Shipment Pre-Sign for Delivery Print Invoice Return Items Shipment 1 iPod nano (PRODUCT) RED
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Post by rob_london on Oct 9, 2012 5:58:05 GMT -8
Still very early but AAPL looking a bit stronger this morning. Will we get a nice bounce today? That early morning strength didn't last long. Mentally prepared for 618-620.
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Post by terps530 on Oct 9, 2012 5:58:39 GMT -8
hmm, i always kick myself for buying on the ride down instead waiting till it settles and the ride up starts. is the 620 range our next big support?
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Post by podboy on Oct 9, 2012 6:06:45 GMT -8
It's easy to buy too early on the ride down. Patients is the key to investing. Sometimes sitting on your hands will benefit you more then thinking you missed the train.
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Post by artman1033 on Oct 9, 2012 6:11:35 GMT -8
And the new Nanos are shipping! Shipped on Oct 9, 2012 |Signature required for delivery Track Shipment Pre-Sign for Delivery Print Invoice Return Items Shipment 1 iPod nano (PRODUCT) RED HIP, hip, Hooray! That suggests to me that the nano will be in the Apple stores on Friday. ANYONE here pre-order a NEW Touch? I believe the NEW Touch uses the exact same screen as the iPhone 5. It may STILL be supply constrained. I STILL don't think there will be a mini Ipad announcement soon. Maybe the week before Thanksgiving or next year.
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Post by lulli on Oct 9, 2012 6:13:46 GMT -8
It's easy to buy too early on the ride down. Patients is the key to investing. Sometimes sitting on your hands will benefit you more then thinking you missed the train. The difficulty is how to avoid the psychological/illogical drive towards buying because of what we know about fundamentals. One good way that I found worked for me is to set a (real or virtual) buy stop above a certain level and think that one week ago you would have wanted to buy at that price. Then try and forget the rest. When the urge to buy becomes too strong, invest just a tiny fraction of what you have in a call, hoping to leg into a spread in case of some dead-cat bounce.
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Post by rutgersguy92 on Oct 9, 2012 6:33:36 GMT -8
Wrong choice of words. Dead cat bounce applies to a stock which has terrible news - like a biotech with a new drug which was not approved by FDA - and investors jump in for the low price. AAPL is not in this type of category. I think the work you were looking for is reversal.
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Post by rutgersguy92 on Oct 9, 2012 6:35:23 GMT -8
This stock is just hanging around at 630. Volume very high, about 7.7MM in first hour. Today could be a 23-25MM day.
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Post by terps530 on Oct 9, 2012 6:44:35 GMT -8
The worst month-to-month loss from option expiration dates, per Aapltrader99's data is a -9.10% drop.
We closed sept expiration at a near high at approx 700. Currently we are -10% since option expiration, soo if it stays here by next friday, its a new loss record in the recent years.
-9.1% is 636.
Still a week in a half left, but it gives some light as to the size of this drop thus far in a historical context.
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Post by macwire on Oct 9, 2012 6:47:55 GMT -8
100 day MA looks to be the last stop ...
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Post by Apple II+ on Oct 9, 2012 6:48:36 GMT -8
Bought the dip. Again.
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Post by wheeles on Oct 9, 2012 6:56:01 GMT -8
Weekly middle Bollinger hit. Time to get long.
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Post by stevereel on Oct 9, 2012 6:58:06 GMT -8
Me too. Hi. I'm Steve. I'm an AAPL dipoholic.
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Post by terps530 on Oct 9, 2012 6:58:48 GMT -8
the RSI is getting near 30. That is a strong indicator of oversold, correct? It looks like the only time it was this low in the past year, was mid-may when we touched near 520, and then bounced up strong.
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Post by rob_london on Oct 9, 2012 6:59:39 GMT -8
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Post by incorrigible on Oct 9, 2012 7:00:22 GMT -8
Bought some common @ $625.90. This is insane.
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Post by sponge on Oct 9, 2012 7:01:05 GMT -8
Se we dropped 70 points in 11 days.
Can we gain 100 in 9?
Maybe not 100 but we should get back at least 70.
The day is young, plenty of time to recover after the crooks clear out the short term options holders.
I suspect most of the selling this morning was a combination of HTF and margin call forced selling.
I say we only drop about 5 points by end of the day.
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Post by terps530 on Oct 9, 2012 7:08:15 GMT -8
bought 665/675 Feb '13 spread for $3.60. cant resist
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Post by mbeauch on Oct 9, 2012 7:11:12 GMT -8
The S&P is down 10. Dang.
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Post by macwire on Oct 9, 2012 7:15:10 GMT -8
waiting closer to close to deploy again if we are close to that 100 day MA.
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Post by mbeauch on Oct 9, 2012 7:19:31 GMT -8
Here doggie.
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Post by mstefa on Oct 9, 2012 7:20:02 GMT -8
It's easy to buy too early on the ride down. Patients is the key to investing. Sometimes sitting on your hands will benefit you more then thinking you missed the train. The difficulty is how to avoid the psychological/illogical drive towards buying because of what we know about fundamentals. One good way that I found worked for me is to set a (real or virtual) buy stop above a certain level and think that one week ago you would have wanted to buy at that price. Then try and forget the rest. When the urge to buy becomes too strong, invest just a tiny fraction of what you have in a call, hoping to leg into a spread in case of some dead-cat bounce. knowing historical up's and downs helps as well. I noticed earlier that 15% is the max usually AAPL goes down. I try to be disciplined to invest at 5-7% , 10-12% and 15% discount all in. Even then, it's easy to get carried away. Then as Ipad says.. sell on any bounce and wait some more. just for the itch to go away.
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Post by stevereel on Oct 9, 2012 7:22:46 GMT -8
Here doggie. LOL!
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Post by phoebear611 on Oct 9, 2012 7:23:42 GMT -8
Heads up - Doug Kass is going to be on CNBC talking about AAPL. Everyone here knows he has been short and hates the company -- he went on a diatribe when the stock ran to 400, 500, 600, 700 -- so now it's very personal to him and CNBC is giving him the soapbox to talk up his short.
Just wanted you all to be prepared for the massive FUD
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Post by stevereel on Oct 9, 2012 7:24:26 GMT -8
OK, back above 100 day MA. We may have reversal here... if, not very soon.
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Post by sponge on Oct 9, 2012 7:27:16 GMT -8
OK, back above 100 day MA. We may have reversal here... if, not very soon. What is the exact number for the 100 day MA?
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