View Full Version : Apple (AAPL) worth going after?
bpfergu
10-09-2008, 07:48 PM
do you think it's worth going after before earnings come out next tuesday?
Bolimomo
10-09-2008, 07:58 PM
do you think it's worth going after before earnings come out next tuesday?
Are you planning on going long or short?
bpfergu
10-09-2008, 08:01 PM
Are you planning on going long or short?
short. i'd sell before earnings.
Bolimomo
10-09-2008, 08:28 PM
short. i'd sell before earnings.
I don't think this will go anywhere. I trade AAPL everyday (day-trade only). It already had an incredible down-run from 170 down to 90 in just about a month. Granted a lot of it was in sympathy with the market. Unless their earning forecast is way out of whack to surprise everybody. I don't think a short at this price will get very far. Just my opinion and I am very short-term oriented. It's not to say they won't go down to their 2004 price of $10.
bpfergu
10-09-2008, 08:38 PM
I don't think this will go anywhere. I trade AAPL everyday (day-trade only). It already had an incredible down-run from 170 down to 90 in just about a month. Granted a lot of it was in sympathy with the market. Unless their earning forecast is way out of whack to surprise everybody. I don't think a short at this price will get very far. Just my opinion and I am very short-term oriented. It's not to say they won't go down to their 2004 price of $10.
do you think they will shoot up or down after earnings? also, they are supposed to reveal their new laptop on the 14th of this month so i'm curious what that will do.
aiki14
10-09-2008, 08:54 PM
I don't think this will go anywhere. I trade AAPL everyday (day-trade only). It already had an incredible down-run from 170 down to 90 in just about a month. Granted a lot of it was in sympathy with the market. Unless their earning forecast is way out of whack to surprise everybody. I don't think a short at this price will get very far. Just my opinion and I am very short-term oriented. It's not to say they won't go down to their 2004 price of $10.
I am hearing rumors that they are gonna announce a new product, either a bargain priced laptop or ultra small PDA type computer. Also hearing it called something to do with the word Brick. Could be an upforce but in this market it needs a lot to go up.
GDFLS
10-09-2008, 09:01 PM
I am hearing rumors that they are gonna announce a new product, either a bargain priced laptop...
Oohhh that would be nice, I have been saying my next computer will be an Apple...so that would fit well into my plan :top:
Bolimomo
10-09-2008, 09:22 PM
do you think they will shoot up or down after earnings? also, they are supposed to reveal their new laptop on the 14th of this month so i'm curious what that will do.
What I hate about these "earning plays" is that... most companies announce earning stuff and projection after the market closes. The after-hour trading is "The Quick Or The Dead". You have 1 minute or less to react. The day after the earning surprise, the stock either gaps up or down following the after-hour trades. There is no price-time continuum. (Look at RIMM's last earning announcement, 9/25/08???) It's a big mother gap and flat-line the next day. Unless you know something that we don't know, and you know EXACTLY which way the stock will gap... I wouldn't know how to trade it.
dochesgriff
10-09-2008, 10:52 PM
Did you notice that AAPL held in well today in the face of a down 700 DOW? I bought a couple of days ago at $90 and had that price in for over a week hoping for a blow out day where it raced down got it and ran up. When we didn't get the bounce I was worried, but after today I fell good about the price and see support at this level. Any good market rally could send the stock flying. But just to note...I will take profits on a big rally because in this market you don't let anything good go to waste. I had a 10% gain in AAPL when I bought at 90 and got greedy...I won't let that happen again.
Florida
10-10-2008, 10:00 AM
Did you notice that AAPL held in well today in the face of a down 700 DOW? I bought a couple of days ago at $90 and had that price in for over a week hoping for a blow out day where it raced down got it and ran up. When we didn't get the bounce I was worried, but after today I fell good about the price and see support at this level. Any good market rally could send the stock flying. But just to note...I will take profits on a big rally because in this market you don't let anything good go to waste. I had a 10% gain in AAPL when I bought at 90 and got greedy...I won't let that happen again.
As I have posted in another thread on AAPL, the stock is in a downtrend!! No need to try and pick the bottom, wait until a reversal is confirmed before even thinking about going long a stock like this for anything more than a day trade. (I believe at that time, AAPL was at about $140)
There is something to be said for Jeff Macke's "purple crayon" theory. There will be plenty of opportunity on AAPL to enter a long position once this downtrend is broken, (if it ever is).
Granted, there are a couple of events planned than could cause a pop, but why risk it. As for now, as Bolimomo said, it is a great stock to day trade. I too trade it daily, and have been doing so for over a year now.
It is a good plan to take your 10% gain if it presents itself, but you also need to determine a hard fast stop that you will not let your position fall below.
Bolimomo
10-10-2008, 12:12 PM
......
I had a 10% gain in AAPL when I bought at 90 and got greedy...I won't let that happen again.
10% gain on AAPL? I envy you! I am scalping here and there on AAPL for only 0.5% to 1.00%. I eat like a bird. But I eat frequently.
This morning as the market bought in on the opening gap, AAPL seemed overly extended on the upside. I started shorting AAPL at 93, more at 94, more at 95, more at 96. It went to exactly 97 on me on the high tick. I under-estimated the power of short-squeeze. Lost some money covering at 94-95. Only to see it plunged back to 91. Go figure. The market usually kills you first before going your way.
jacobnbr1
10-14-2008, 04:10 PM
Went long @103.60 for 100 for a 10% chance...
Trade only 1 - 2 days
I am puting the sell order in for 113.25, may even get it today..
jacobnbr1
10-14-2008, 06:24 PM
Went long @103.60 for 100 for a 10% chance...
Trade only 1 - 2 days
I am puting the sell order in for 113.25, may even get it today..
I don't like the action of the dow today!
rsi divergence, obv divergence and adx decline is all i need to exit.
I will be exiting this appl trade within the 1st 30 min of trading tomorrow, no matter i get the 10% or not.
I have a pretty good skeardy feeling we are going to be retesting the lows.
On a + side of things the AAPL is doing good AH trades.
jacobnbr1
10-15-2008, 10:34 AM
I don't like the action of the dow today!
rsi divergence, obv divergence and adx decline is all i need to exit.
I will be exiting this appl trade within the 1st 30 min of trading tomorrow, no matter i get the 10% or not.
I have a pretty good skeardy feeling we are going to be retesting the lows.
On a + side of things the AAPL is doing good AH trades.
I'm out at 105.00....
Shew! i just don't trust today at all.
stideas
10-15-2008, 10:51 AM
It is setting up nicely for a short entry. Once the dust settles down (IV to normal), I'll look to enter it on the short side. Till then I'll let it bounce here...
AAPL to $75 by christmas....and maybe more...
STI
jacobnbr1
10-15-2008, 05:04 PM
It is setting up nicely for a short entry. Once the dust settles down (IV to normal), I'll look to enter it on the short side. Till then I'll let it bounce here...
AAPL to $75 by christmas....and maybe more...
STI
Oh i don't know about that...
I will chart it later tonight but on a quick look 95-100 area (if the dow holds) is calling bull for me.
I wouldn't under estimate the APPLE cause ive had me arse kicked by it befo... :0
jacobnbr1
10-15-2008, 05:41 PM
Oh i don't know about that...
I will chart it later tonight but on a quick look 95-100 area (if the dow holds) is calling bull for me.
I wouldn't under estimate the APPLE cause ive had me arse kicked by it befo... :0
Show-Nuff! (IMO) The charts looks good for the long term, doesn't look so "HYPERINFLATED" and back to reality again...
So long as the dow doesn't get chopped down to the next level.
One day at a time...
Bolimomo
10-15-2008, 07:36 PM
I wouldn't under estimate the APPLE cause ive had me arse kicked by it befo... :0
I can truly appreciate this statement. On Monday ( 10/13/08 ) I shorted AAPL late in the afternoon around 105, 106 area. Heavy shares. It went on a bullish ride to 107, 108, 109! And then closed at 110+. I had my butt handed to me. Heavy casualty. Squeezed dry.
(But the next morning - yesterday - I shorted the sucker gap-up AAPL into 116, 117... got my money back.)
116, 117 for AAPL... Are you kidding?????
I think it will head back to retest the low area. It may or may not break the low. A lot of it has to do with the broad market. As they say... Stock is 30% driven by the market, 30% driven by the sector. Only like 40% is the self-worth. Meanwhile... best for trading. Trade in the direction of the market for the day.
I am very new to this day trading stuff. Sorry if my question sounds very ignorant but I would like to know how soon I should cover my short position. Should I cover it the same day when i short the stock or I may cover it the next day. When I talked to a customer service rep. at td ameritrade I was told that there is no time limit. So far I had no luck at all as all my positions were long and with this falling market I got substantial losses. Thank you in advance for advice and suggestion.
Bolimomo
10-16-2008, 01:08 AM
I would like to know how soon I should cover my short position. Should I cover it the same day when i short the stock or I may cover it the next day.
You can keep your short shares as long as you want until your brokerage firm calls you to demand them back (because the rightful owners of the stock demand them because they have sold them or want the certificate delivered and the brokerage firm has run out of shares).
In practice you cover whenever you feel that your short position should be closed (profit target met, stop triggered, or you think the market is going to rally against you, etc.).
You don't necessarily need to cover the same day.
Some lucky traders rode the short positions until the companies went bankrupt. And they never had to cover.
jacobnbr1
10-16-2008, 01:33 AM
I am very new to this day trading stuff. Sorry if my question sounds very ignorant but I would like to know how soon I should cover my short position. Should I cover it the same day when i short the stock or I may cover it the next day. When I talked to a customer service rep. at td ameritrade I was told that there is no time limit. So far I had no luck at all as all my positions were long and with this falling market I got substantial losses. Thank you in advance for advice and suggestion.
How about a touch of re-ality?
What are you doing?
That type of trading habbit can wipe a fairly large account out in weeks to a month.
Build a plan and trade it, know the exit at the same time you enter.
All those questions can only be answered by you yourself.
If you are day trading you are looking for 3 to 10% range(THATS IT!) depending on the price of the stock. ( forget about the doubles, tripples and all the hype you hear cause if it is going to happen to anyone it is going to happen to a guy like me. Trust Me!)
You had better have real live chart data when you are daytrading capable of multi screenshots of the markets and monitor them all at the same time.
In summary: I pull the markets up and watch for the markets to reverse, Ive already planned my entry as the market is going in my direction knowing the exit of the range of the stock before i even entered. I may change my mind given the market pulse to stay longer or pull quick.
I strongly urge you to pop down to the "SIMULATOR" thread and open an account and trade it for a year 1st before risking a single dime.
Sorry for the rant but i think you need to hear it....
jacobnbr1
10-16-2008, 12:33 PM
Here goes another trade...
APPL 100 @ 93.00 i (scardly believe) the bottom is in fo today...
jacobnbr1
10-16-2008, 12:51 PM
Sell order for 97.65 for 5%( hope greed doesn't get the best-me ;)
jacobnbr1
10-16-2008, 01:17 PM
Sell order for 97.65 for 5%( hope greed doesn't get the best-me ;)
Oh yea!!!!!!!!!!!!!!!
Out 97.50!!!!
Thats it, Gain is 465.00 minus comish ='s 5%
watch him fall now. ;)
jacobnbr1
10-16-2008, 01:41 PM
I know what some o yuns are thanking and i'm here to tell ya that my arse has been in this same chair since 1997 learning and trading.
I have a firm plan on when the markets turn and what the runs may yeild and where they are over extended.
This is not an overnight process and this will be the last trade i post for a while.
I like to show them in real time to let people know it can be done when done right.
It really isn't what you trade but rather how you trade it....
I could trade apple everyday
BentleyVTech
10-16-2008, 01:48 PM
great call...im curious as to why you wont want to post any other trades for quite a while?
how did you determine your entry and exit points?
jacobnbr1
10-16-2008, 02:31 PM
great call...im curious as to why you wont want to post any other trades for quite a while?
how did you determine your entry and exit points?
Cuzz thats the way the ball bounces.
I enter when the ball hits the ground and ride it to the expected travel rate then jump off.
I simply don't have enough time to keep posting trades each day + i always have 10 apps. of some windows open (most of them live stream data) and it sloooooows me machine down.
Reminds me that i need to get a t1 going here at home when im on vacations..
Some of the natives be looking for inconsistancies in my woik to discredit my convictions.(which is why i do em live so you can go back on the chart and referance me entries and exits in comparison to the chart times to see that i be no lieing)
Hope that helps :)
Bolimomo
10-16-2008, 02:44 PM
I could trade apple everyday
I can do that too. :) In fact that's what I have been doing in the past 2 years. AAPL is one of my staples. I loved it when it was over $200. The price movements were higher intraday.
And I can eat one apple everyday too.
Good job Jacob! $4.00+. Wow! I envy you! I usually only scalp 1.00 max here and there. I know I should practice more on swing trades. Bad habits... hard to break.
jacobnbr1
10-16-2008, 03:03 PM
I can do that too. :) In fact that's what I have been doing in the past 2 years. AAPL is one of my staples. I loved it when it was over $200. The price movements were higher intraday.
And I can eat one apple everyday too.
Good job Jacob! $4.00+. Wow! I envy you! I usually only scalp 1.00 max here and there. I know I should practice more on swing trades. Bad habits... hard to break.
All you have to do is watch a good mover like appl every day and then you see patterns then add some intraday charts and a few lines and bingo....
The dow now about to rally good up on the 60 min chart...
jacobnbr1
10-16-2008, 04:13 PM
The dow now about to rally good up on the 60 min chart...
Smawt arsssssssssss! :)
BentleyVTech
10-16-2008, 04:17 PM
Cuzz thats the way the ball bounces.
I enter when the ball hits the ground and ride it to the expected travel rate then jump off.
haha didnt really help me too much...how do you determine when the "ball hits the ground" and the "expected travel rate"? Any sources? Any ratios? Any numbers you use? Resistance levels? Support Levels? where do you go for your information?
stideas
10-16-2008, 05:26 PM
haha didnt really help me too much...how do you determine when the "ball hits the ground" and the "expected travel rate"? Any sources? Any ratios? Any numbers you use? Resistance levels? Support Levels? where do you go for your information?
Maybe you need to learn Physics and not trading....:wink:
Its the observation of charts and price volume action that will help you understand S/R levels.
STI
boomstra
10-16-2008, 05:33 PM
Maybe you need to learn Physics and not trading....:wink:
Its the observation of charts and price volume action that will help you understand S/R levels.
STI
link to where i can learn about this? :wink:
stideas
10-16-2008, 05:48 PM
www.investopedia.com
www.stockcharts.com (my personal fav)
www.barchart.com
STI
jacobnbr1
10-16-2008, 05:59 PM
haha didnt really help me too much...how do you determine when the "ball hits the ground" and the "expected travel rate"? Any sources? Any ratios? Any numbers you use? Resistance levels? Support Levels? where do you go for your information?
I consult with the "INNER TRADER" and he tells me when ,where,why and how.
You gotsta watch him though, he's got an attitude from "H-E double hockey sticks", a split personality + he wonders down yonder alot... ;)
All BS aside?
I am doing it with intraday data on the 1,5,10,60 min charts with a simple moving average + volume...
Trade with the market, oldest trick in "Da-book"...
Thats all i need to scalp!
I gotsta worn ya dough, it really is a science to get r jist right...
Like me said befo " I been in dis same chair since 1997 learning and playing wit chawts, It idn't an over da-night learn'n process" :)
BuyOnDips
10-16-2008, 06:33 PM
http://www.dilbert.com/dyn/str_strip/000000000/00000000/0000000/000000/20000/2000/200/28235/28235.strip.gif
Bolimomo
10-16-2008, 11:19 PM
link to where i can learn about this? :wink:
How about some old-fashioned books in print?
Most of the "on-line" websites I visited could not give a tutorial too well on technical analysis.
Martin Pring and a few others are pretty good.
jacobnbr1
10-20-2008, 12:14 PM
Let's see if i cando it again...
i came up with 92.70 on the turning point today...
Da bottom for today that is...
jacobnbr1
10-20-2008, 12:37 PM
Let's see if i cando it again...
i came up with 92.70 on the turning point today...
Da bottom for today that is...
I expect (if im not wrong) this run will rally to 104.30 area..
Me wrong? ;)
jacobnbr1
10-20-2008, 01:28 PM
I expect (if im not wrong) this run will rally to 104.30 area..
Me wrong? ;)
Now if i am really GOOD the dow will be at 9271 when the APPL hits the tawget of 104.35...
Bolimomo
10-20-2008, 04:30 PM
The bearishness of RIMM brought down AAPL today. AAPL 94.00 low, 100 or so opening gap high (which I shorted).
AAPL is now holding very well around 97-98 from the low. But I am not sure if it would go to 104. On a 60-min chart it is forming a triangle. The market (SPY, and probably Dow) in general is forming a triangle too. Today it's rather jagged. Looks like it's waiting for another external catalyst to push it higher or lower.
AAPL may break either way, following the market. If you have longed it at low today at 94, I congrat. But I don't see any chart hints that it would go to 104. It's just a 50/50 to me. But to me it doesn't matter. I day-trade the ripples.
jacobnbr1
10-20-2008, 05:28 PM
Guess this move in APPL to the high of 104.35 will need another day or so...(we will keep this number going valid ova Da-nightem and see what tussles in Da AM)
AAPL low of day was 93.64 not the 92.70 like me said it would be...( .94 from Da-Bottom i "GUESS" i'm snoozing on Da Job!) :)
Do yuns dought me? Well Do Ya PUNK! > How abouts that move in the dow? ;)
Hugh? I balieve me said 9271 didn't I ?
Hows abouts that high at Da enda day of 9266? ;)
This vomittility has me all fluster'd, i cant really "predict" the speed of the move to the period of time frame. (If thatn makes any dern cents to ya)
I wasa expecting a good day up but for some reason alot of da chit didn't follow.
Beats me!
statepkt
10-21-2008, 12:17 AM
anyone playing aapl into ER?
pedrom727
10-21-2008, 10:42 AM
AAPL looks excellent from a risk-reward perspective here. Extremely strong support at $85-$88, if it breaks that run for the hills but otherwise I'm comfortable holding it.
jacobnbr1
10-21-2008, 12:12 PM
I suspect the AAPL will rally to 104.35 and RIMM to 60.sh and the dow to 98 suttin like that!
All of those will sell lower after that happens though.
Might be a day or so few days week who knows? these things take time...
jacobnbr1
10-21-2008, 12:32 PM
I suspect the AAPL will rally to 104.35 and RIMM to 60.sh and the dow to 98 suttin like that!
All of those will sell lower after that happens though.
Might be a day or so few days week who knows? these things take time...
This chit aint gonna happen till the dow confirms 8993 first and foremost, thats all there is to it...
jacobnbr1
10-21-2008, 01:14 PM
This chit aint gonna happen till the dow confirms 8993 first and foremost, thats all there is to it...
That move in the dow to 9031 wasn't low enough!
Just a tad more fella's!!!
jacobnbr1
10-21-2008, 01:42 PM
That move in the dow to 9031 wasn't low enough!
Just a tad more fella's!!!
Guess that move to 9020 is gonna be the bottom as the 5 min is turning bull...
I wouldn't be surprised if we fail or revisit that low again caz i thought 8993 was the #
Lesson learned "MocApiTon" find out the market direction foist befo making predicshons!
Ifn you bought APPL at 92sh area could be a sweet trade...
Bolimomo
10-21-2008, 02:00 PM
I admire you all long-and-holders. Especially in this market. Some says that day-trading is high-risk. I think that in this market, trying to catch the bottom, doing buy-and-hold is a much higher risk proposition.
I am having a time of my life day-trading. I don't have my eyes fixated on a specific price. Everyday I try to go with the flow, see what the market wants to toss to me.
I am making pretty good money shorting AAPL today.
jacobnbr1
10-21-2008, 02:39 PM
I admire you all long-and-holders. Especially in this market. Some says that day-trading is high-risk. I think that in this market, trying to catch the bottom, doing buy-and-hold is a much higher risk proposition.
I am having a time of my life day-trading. I don't have my eyes fixated on a specific price. Everyday I try to go with the flow, see what the market wants to toss to me.
I am making pretty good money shorting AAPL today.
I'm not much of a "buy and hold" kinda guy, i like to think of myself like an "auto theif" looking for the next fastest car to get me closer to that next area...
Your on the right path though bolirooski, trade one or two and watch them day by day and you will know what to espect outa da beeyotch..
Except i think when apple eclipses the 104 she starts heading for fity somthin...
jacobnbr1
10-21-2008, 05:10 PM
Guess that move to 9020 is gonna be the bottom as the 5 min is turning bull...
I wouldn't be surprised if we fail or revisit that low again caz i thought 8993 was the #
Lesson learned "MocApiTon" find out the market direction foist befo making predicshons!
Ifn you bought APPL at 92sh area could be a sweet trade...
Camon you wallstreet flunkies!
what the H. E. double hockey sticks was that? hugh?
You can atleast make it look like yuns aint controling it!
This battle is far from over....
That 8993 as i mentioned must be breached to the lower side before anything happens period.
It's pretty clear the meeting of da minds isn't preasent on da trading floors between da bulls and da bears.
That was heck of a battle and yuns even had me checking Da numbers multiple times.
Morons! I give ya credit though, you got 85% of the world balieving..
See? this is what i mean! when these clowns start waisting my time i just get frusTRADED. LOL.. Get it? haha. bashturds
Flyboy
10-21-2008, 05:26 PM
:confused:...WHAT?
Horsefish
10-21-2008, 06:03 PM
:confused:...WHAT?
Market direction at end of day was crazy. Spike at 1:00 to 2:00 and then crash into close. Shouldn't have happened. Something strange went on. APPL should have gone up so it could be sold into close. Didn't happen. Somebody knew something. Sucked.
statepkt
10-21-2008, 06:05 PM
Beat the earnings.......spike back up to 100s
statepkt
10-21-2008, 06:17 PM
ouch bad guidance again, but i guess we should expect that out of aapl
Bolimomo
10-21-2008, 06:25 PM
Market direction at end of day was crazy. Spike at 1:00 to 2:00 and then crash into close. Shouldn't have happened. Something strange went on.
The market does what it does. Today's pattern is just a Russian "ee' pattern. First down, then up - retest early high, then down - back to early session low. Pretty normal from what I see. A shape, V shape, N shape and Russian "ee" shape. What's rarely seen is the M and W shapes.
I shorted the ES futures on the retest of early high. Ya! :D
jacobnbr1
10-21-2008, 10:59 PM
Well well well!
I see APPLooski has goten some pretty darn good after hour futures going there..
Musta been something to WOW em?
Looks like me 104.00 prediction is coming true, i wondr if the dow futures ran down to the 8893 after hours? (I'll have to checksee on that)
RIMMjob should move to the projected 60.00 as well before she starts her descend down the swirling ventura where she can be further label'd as a "brown stink pickle". LOL :-)
Bolimomo
10-21-2008, 11:19 PM
Jacob: I admire you! Thumbs up! Another projection came true! AAPL went way the hell up to 103.66. You must have some insider information!!! :D :D :D
Come tomorrow morning though, I am braced to short the gap. Or better yet, short RIMM and GOOG instead. They went up in after hour in sympathy. But it's not their party.
jacobnbr1
10-22-2008, 12:18 AM
Jacob: I admire you! Thumbs up! Another projection came true! AAPL went way the hell up to 103.66. You must have some insider information!!! :D :D :D
Come tomorrow morning though, I am braced to short the gap. Or better yet, short RIMM and GOOG instead. They went up in after hour in sympathy. But it's not their party.
Insideher? Me? Naw!!! ;)
I mean just cause i lucked out and made a few good calls in appl doesn't mean i have "first hand knowledge of the direction" Please! It's not like i am predicting the moves in the whole dam dow... :D
Sheeeought i didn't even gradumicate from the stonerskool... :D
Oh how i would LOVE to work on "wallscream" but i would have to decline them as it would be too sofisticated for some low down, ho down, kneeslapin hillbilly like me..
Be careful on that short on appl cause this could be a frezy good enough time to eclipse the high of 116. and some gingle..
Duly Noted sir, I will tone it down so the goonz "gwito" and "bruno" doan show up in their fancey black suv, take me to gwantomino bay and washboard my sorry wite a$$!!!
Reminds me of the time i called the "Franchise Tax Board" and asked who i was tawking to and he said "secret agent blue tie" LOL
I guess that "surname" runs common in the govmint offices cause i just tawked to you ova at da FED a few days ago.. Knob Jobs! what do dey take me as, stupid?
:D
jacobnbr1
10-22-2008, 12:16 PM
I see what your trying to do!
It aint gonna woik either (you know it i know it), just go ahead and run her on up we'll deal wit dat task latta on down da road!
Bolimomo
10-22-2008, 12:28 PM
Jacob: I admire you! Thumbs up! Another projection came true! AAPL went way the hell up to 103.66.
What happened to the after hour bullishness on AAPL yesterday? It gapped down opened at 99. Well... general market is bearish today at the open. I shorted AAPL a few times near the open, in and out. It's holding at 98 pretty well. If it doesn't break up from this morning's high of 101 it will be in trouble...
jacobnbr1
10-22-2008, 12:56 PM
Dem clowns at da "Wallscream" is trying to snooker Da short term base to fool some o da not so informed ones so dey can gets as much $$ as dey can....
Da problem is if it doesn't rally to a certain point dey will have to take it lower which isn't a big deal as it needs to go lower anyways but right now da bottom line is they need as much as $$ as possible to get through da hard times and it isnt really loaded to the right fluff factor.
I know i'm a "screw ball" but ya gots to train the ol eyes to read batween da lines.
The bottom line!
Steal as much as you can while making it "look good" Just like da "judical system"...
There is a reason that the guy is sitting 4 foot higher, under all da lights and wearing a "gay" looking robe...
Fear Da Mobster! :D
My advice for anybody haven to go to one of dem fake "clown courts" is just don't go! Keep you @$$ outa Da "Blue Light Mofias" radar screen. ;)
cramerica1972
10-22-2008, 03:02 PM
Dem clowns at da "Wallscream" is trying to snooker Da short term base to fool some o da not so informed ones so dey can gets as much $$ as dey can....
Da problem is if it doesn't rally to a certain point dey will have to take it lower which isn't a big deal as it needs to go lower anyways but right now da bottom line is they need as much as $$ as possible to get through da hard times and it isnt really loaded to the right fluff factor.
I know i'm a "screw ball" but ya gots to train the ol eyes to read batween da lines.
The bottom line!
Steal as much as you can while making it "look good" Just like da "judical system"...
There is a reason that the guy is sitting 4 foot higher, under all da lights and wearing a "gay" looking robe...
Fear Da Mobster! :D
My advice for anybody haven to go to one of dem fake "clown courts" is just don't go! Keep you @$$ outa Da "Blue Light Mofias" radar screen. ;)jim cramer,is that you?????:dong:
jacobnbr1
10-23-2008, 12:14 AM
jim cramer,is that you?????:dong:
YeaaaaOwkay!
Bolimomo
10-23-2008, 08:10 PM
AAPL is till far from 104. :D
It seems to be following the market (S&P). The good earning report effect is wearing out.
jacobnbr1
10-23-2008, 10:17 PM
Jacob: I admire you! Thumbs up! Another projection came true! AAPL went way the hell up to 103.66. You must have some insider information!!! :D :D :D
Come tomorrow morning though, I am braced to short the gap. Or better yet, short RIMM and GOOG instead. They went up in after hour in sympathy. But it's not their party.
Ahem! Did you forget this? Was i not close enough? Ca-mon! I predicted what was gonna happen after da markets was closed..
The ONLY one thing that me said would do dat didnt was the ol RIMMjob to sixty..
I have yet to figure what went wrong there???
Even ING started it's fatel plunge towards the final resting ground..(like me said)
I gets one call wrong and your all over me huh? I'd say i was pretty darn consistant and i give me a pat on da ol backski...
I can't get a guage on da markets with the vix this high, for now i will just watch and learn what the indicators do...
Chits gonna probably run up then down and keep us cornfused until she breaks one way or the other...
( my instinks say lower)
stideas
10-23-2008, 11:53 PM
AAPL is till far from 104. :D
It seems to be following the market (S&P). The good earning report effect is wearing out.
I would look to short AAPL around 100 area. It looks like the air has been let out and there is no catalyst to prop it up. I see it below $75 by Thanksgiving...:beerglass:
STI
Bolimomo
10-24-2008, 01:29 AM
Ahem! Did you forget this? Was i not close enough? Ca-mon! I predicted what was gonna happen after da markets was closed..
No, no, I didn't forget. Your prediction came true. It's just that the next morning AAPL came with a "way less than yesterday's after hour high" gap-up, and had never (so far) gotten back up to the 103 area.
To me it doesn't matter. I trade AAPL whether it's 104, 204, 504 or 54. But when it goes below 50 (like RIMM), when it moves like an old boxer, that my interest in trading it will fade. There will always be another high flyer around the corner. I am seeking for a good replacement for RIMM.
jacobnbr1
10-25-2008, 09:47 AM
No, no, I didn't forget. Your prediction came true. It's just that the next morning AAPL came with a "way less than yesterday's after hour high" gap-up, and had never (so far) gotten back up to the 103 area.
To me it doesn't matter. I trade AAPL whether it's 104, 204, 504 or 54. But when it goes below 50 (like RIMM), when it moves like an old boxer, that my interest in trading it will fade. There will always be another high flyer around the corner. I am seeking for a good replacement for RIMM.
Actually bolirooski, appl still shows that 104 needs taken out...That trade on wed. to 100 said "sorry slimm shady, we need to go higher" :) That move to 90.11 (yesterday) was the sign she wasa done going down (for now)
I would say with this weeks weakness in the market and the action in appl presumes correctness otherwise she would be sitting where RIMMjob is... Oh by the way i looked back on the charts on RIMMjob and that signal to 60 was nullified and i mist it. (ya know, proof that i's human but im working on getting the "half machine,half human" pawt fixed) :D
jacobnbr1
10-29-2008, 01:16 AM
No, no, I didn't forget. Your prediction came true. It's just that the next morning AAPL came with a "way less than yesterday's after hour high" gap-up, and had never (so far) gotten back up to the 103 area.
To me it doesn't matter. I trade AAPL whether it's 104, 204, 504 or 54. But when it goes below 50 (like RIMM), when it moves like an old boxer, that my interest in trading it will fade. There will always be another high flyer around the corner. I am seeking for a good replacement for RIMM.
I'm gonna git that there perdickshun handled for ye tomorrow there boli so that ways we be on the up and up.
That way you can't use it against me in da future sometime.
In fackt, we gonna go ahead and top ALL the unconfirmed tops. Yes sir! eggzactly like the top me said ING had.
Did you see that dude fall? That dude signaled sell on thursday the 16th at the end of day and rallied from 10 all the way to 13.75 and now is almost 50% down.. (I told em you can't rally this thingy off one of dem signals and deys didn't lissen)
Can i get a WOWZER? and maybe a "TIMBER"? jeesh that dude got destroyed... :D
In fackt I think ING wasa da only stock not going up on my screen today.LOL
jacobnbr1
10-29-2008, 11:35 AM
Oh if you wanna go ahead and git-r-dunn in one day be my guest....
Being cramer pumped it a little last night we might jist go ahead and top her out today at 115 then we start heading for fity-summtin
Lets jist see how this plays out shal we?
Bolimomo
10-29-2008, 11:55 AM
I kept nibbling AAPL on the short side since 104. Faded the spike ups. But the "FORCE" was strong on that one... kept coughing out and nibbled again at higher price. Finally it topped at 106.50... R2 = 106.00. About 50 cents overshot. Finally reversed to 104.
Bolimomo
12-17-2008, 11:29 AM
Something's up with AAPL? (I follow this everyday)
Gapped down open 91.00 (from 95.00). Didn't follow the market's big rally towards close yesterday (high only 96.00 dropped back to 94.50). And moved towards low of 88.00.
Could it be related to the news on Steve Jobs won't be speaking as keynote speaker at Mac's World? No no big thing from AAPL?
AAPL has been quite choppy in the past 10 sessions... big gaps and big intraday runs.
Bolimomo
12-23-2008, 03:32 AM
Gapped down open 91.00 (from 95.00). Didn't follow the market's big rally towards close yesterday (high only 96.00 dropped back to 94.50). And moved towards low of 88.00.
After one trading session of rest, AAPL continued the downward spin. Dropped to 84 and change today. The fear seems real.
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