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Tommo_UK

Posted: 04 October 2007 04:33 AM

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Eww.. unpleasant open. Someone wants the sucker down…

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Plato

Posted: 04 October 2007 04:33 AM

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Holy cow - what is happening??

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Posted: 04 October 2007 04:34 AM

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Somebody’s selling early.

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Tommo_UK

Posted: 04 October 2007 04:36 AM

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[quote author=“Tommo_UK”]Eww.. unpleasant open. Someone wants the sucker down…

Ahh I see.. it was marked as a “short candidate” by the “BlueChipTrader” as reported on Brifeing.com.. lol.. laughable how these trading calls can impact the stock. I guess they missed all the recent reports of booming Mac sales, FY08 earnings upgrades, and reports of iPhones selling at a sustained 50% higher than after the launch, following the price cut.

Morons.

AAPL will likely trade off RIMM’s report, pure and simple. Anything s/t that happens today is noise.

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Tommo_UK

Posted: 04 October 2007 04:46 AM

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RIMM touched $100 and sold off 5-6%.

GOOG almost touched $600 and pulled back almost $20.

AAPL almost hit $160 yesterday.

See the pattern?

Its the <drum roll> .. “Law of Round Numbers!” Ayyyyy…. selllll…. (I just made that up by the way).

This is just AAPL’s turn to see some profit taking and mama/papa bear shorting after almost touching $160. This is just trader-driven whipsawing. The real stock mover is going to be RIMM’s report tonight. I wouldn’t trade this - long or short - right now. Just stand aside if you’re on a high margin, or can’t take the volatility because it could shoot off in either direction.

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Posted: 04 October 2007 04:47 AM

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[quote author=“Tommo_UK”][quote author=“Tommo_UK”]Eww.. unpleasant open. Someone wants the sucker down…

Morons.

AAPL will likely trade off RIMM’s report, pure and simple. Anything s/t that happens today is noise.

I usually figure that by the time these reports are out, the big boys have made their money (shorted at 159). Now it’s an opportunity for them to buy back in cheap as the small investor gets whip-sawed.

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Tommo_UK

Posted: 04 October 2007 04:52 AM

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Bloomberg just tried to link AAPL’s decline with “news that Microsoft is going to challenge Apple on single-fee music downloads.”

WTF does that mean anyway? Talk about grasping at straws. If they don’t know why a stock has really gone down, why don’t they just say so, rather than trying to make stupid, meaningless commentary

If it breaks $156 it could go for $153.50. Shorties are out in force today. Quadra and Plato just turned up for the party a bit too early

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Demian

Posted: 04 October 2007 04:56 AM

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This is really depressing…......I was pennies away from my iPhone yesterday.

OUCH!

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Posted: 04 October 2007 04:56 AM

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[quote author=“Tommo_UK”]Bloomberg just tried to link AAPL’s decline with “news that Microsoft is going to challenge Apple on single-fee music downloads.”

If it breaks $156 it could go for $153.50. Shorties are out in force today. Quadra and Plato just turned up for the party a bit too early

Just did

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Tommo_UK

Posted: 04 October 2007 04:56 AM

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Dip buyers rev your engines! The market is getting routed, and AAPL’s in free fall with it. Buying opp coming up!

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macglenn

Posted: 04 October 2007 04:57 AM

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Bought at 154.

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incorrigible

Posted: 04 October 2007 04:58 AM

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$154.30 now. This stinks

Edit: Quick bounce to $155+ @ 9:58AM

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Quadra

Posted: 04 October 2007 04:59 AM

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[quote author=“Tommo_UK”] If it breaks $156 it could go for $153.50. Shorties are out in force today. Quadra and Plato just turned up for the party a bit too early

Hey party’s just started… pay no attention to these headlights!

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omacvi

Posted: 04 October 2007 04:59 AM

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You guys got the pullback you wanted.

Obviously I got in a day too early.

If the market goes down tomorrow we could see sub 150.

I think one reason for the pullback is Leopard. No one is talking about it, but with three weeks left we have not seen Golden Master. I wonder if someone knows that it might be delayed.

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Plato

Posted: 04 October 2007 05:01 AM

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Oh man always the same - covered my short to early at 155.

But I had a good timing on buying some Jan08 calls for 12.5