Since84
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Post by Since84 on Sept 14, 2018 4:54:37 GMT -8
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Since84
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To infinity and beyond!
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Post by Since84 on Sept 14, 2018 4:03:17 GMT -8
Hopefully we'll get Artman gainfully employed again shortly...
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Since84
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To infinity and beyond!
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Post by Since84 on Sept 14, 2018 2:26:54 GMT -8
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Since84
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To infinity and beyond!
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Post by Since84 on Sept 13, 2018 8:06:39 GMT -8
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Since84
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Post by Since84 on Sept 13, 2018 7:57:46 GMT -8
There's a significant digit I can get behind...
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Since84
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Post by Since84 on Sept 13, 2018 7:22:54 GMT -8
It could have been worse... $246.89.
😜
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Since84
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To infinity and beyond!
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Post by Since84 on Sept 13, 2018 2:52:29 GMT -8
AFB Sustainability
Been dragging my feet hoping Lovemyipad would show up, but so far not.
Could use some help to successfully pull off a transition. If you can help with any of the following please PM me 1. laying out the new board, 2. Assisting members with the transition, and 3. Administrators for the new board.
The gameplan is: 1) to get the new Board setup roughly mirroring the existing Board, 2) to prepare instructions for accessing the new Board and becoming a member, 3) inviting members and lurkers to become a member of the new Board, 4) with at least a weeks notice going live on the new Board, 5) following up here and via messages with stragglers.
I don't anticipate any of these being overwhelming tasks. Strongly prefer to have others involved -- 2 (or more) eyes are always helpful.
AFB's 1T to ∞ Celebration
A group of us are meeting in New Hampshire's White Mountains October 9 - 12. The White Mountains are renowned for their Fall Foliage and this is expected to be the peak week. It's not too late to join us. Please PM me if you are interested in joining.
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Since84
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To infinity and beyond!
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Post by Since84 on Sept 13, 2018 2:35:51 GMT -8
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Since84
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To infinity and beyond!
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Post by Since84 on Sept 12, 2018 7:02:14 GMT -8
Word of caution. MACD turned negative quite steeply and rapidly on Sept 7. It was similar to it turning bullish on the day of earnings. Just as we saw RSI jump to 84 after earnings, I expect us to drop to 30 by mid Oct. the only question will be how big of a drop do we get, 9%, 12%, or 15%, from the high of 229 The other question is what will be the rumor de jour this year that's overpublisized as the reason that the latest iPhone is Apple's downfall. This next month, or even month and a half if it goes all the way until earnings, is ripe for dour rumor attack due to lack of actual facts. Production problems? Low supplies? Too long of lines? Overproduction? Cutting orders? Lack of lines? Too high of price? Too low of price? Bad product mix? Ugly colors? Notch-gate? sim-card-holder-gate? bad-names-gate? There's going to be something tossed about during the next 6 weeks or so before earnings. And while there's a chance it could be an actual problem (one of these, or an actual problem with the phone like bad screens or batteries), it's more likely that it will be an unsubstantiated rumor of this vein. That said, unless there's more to it, or the addition of a marketwide dip, I'd expect an RSI floor at 39-45 instead of all the way down at 30. Let's see what this fall brings.... For those who haven't figured it out, the correct answer is N. All to the above.
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Since84
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Post by Since84 on Sept 12, 2018 5:01:10 GMT -8
I don't understand charts or technicals that well, maybe some of you can comment. Is this considered a trend line? Yes it is a trend line. Trend lines can be somewhat challenging in that they depend on where one choses to start the trend. For instance, in the chart you attached, the trend would look a bit flatter if you started the line in May. I prefer to look at upper and lower trend lines simultaneously. Convergence or divergence, aka ascending or descending triangles are interesting. There is a good introduction to trend lines on Investors Underground.
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Since84
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Post by Since84 on Sept 12, 2018 4:51:11 GMT -8
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Since84
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Post by Since84 on Sept 12, 2018 2:30:39 GMT -8
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Since84
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Post by Since84 on Sept 11, 2018 11:04:15 GMT -8
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Since84
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Post by Since84 on Sept 11, 2018 10:33:08 GMT -8
Wow.
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Since84
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Post by Since84 on Sept 11, 2018 6:12:49 GMT -8
It is fun watching AAPL. When you thing its going to zig, it zags...
😉
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Since84
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Post by Since84 on Sept 11, 2018 5:02:44 GMT -8
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Since84
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Post by Since84 on Sept 11, 2018 2:18:23 GMT -8
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Since84
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Post by Since84 on Sept 10, 2018 9:34:25 GMT -8
Some context...
The low (so far) of today's trading range was $216.47. That's all of $13.20 off of the ATH of $229.67. That's a correction of barely 6%.
I'm not at all disturbed by the recent price action. I'm happy to see RSI drop to a much more reasonable range -- currently about 56.
It positions APPL well for the next leg of the run.
Meanwhile economic indicators are great. Consumer sentiment is fantastic. It is shaping up to be a very nice Fall quarter. I'm anxious to see what Apple has in store for us on Wednesday.
😊
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Since84
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Post by Since84 on Sept 10, 2018 6:36:58 GMT -8
It's more likely AAPL rose too far too fast. I'm happy to work out some of the excess (pun intended) and reestablish a 'normal' upward trend.
The good news is the recent spike may serve to increase the trajectory a bit. Also at $216.72, RSI is 53.51. We can go up from here...
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Since84
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Post by Since84 on Sept 10, 2018 5:56:58 GMT -8
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Since84
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Post by Since84 on Sept 10, 2018 4:27:43 GMT -8
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Since84
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Post by Since84 on Sept 10, 2018 4:11:33 GMT -8
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Since84
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Post by Since84 on Sept 10, 2018 2:26:40 GMT -8
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Since84
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Post by Since84 on Sept 7, 2018 15:00:48 GMT -8
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Since84
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Post by Since84 on Sept 7, 2018 13:58:31 GMT -8
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Since84
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Post by Since84 on Sept 7, 2018 13:52:55 GMT -8
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Since84
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Post by Since84 on Sept 7, 2018 5:38:54 GMT -8
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Since84
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Post by Since84 on Sept 7, 2018 2:40:09 GMT -8
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Since84
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Post by Since84 on Sept 6, 2018 7:17:01 GMT -8
Well RSI is finally under 70.
Would not mind a little sideways for a time.
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Since84
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Post by Since84 on Sept 6, 2018 6:25:38 GMT -8
And RSI is still over 70...
🙄
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