AMZN over $95 RIMM back off its high a bit.. GOOG stuck around $600, and AAPL precisely tagged $165. Funny.. this round number pinning action is something you’d expected during options expirations, not a Monday morning.

The nay sayers on TV are still shrilling about recession, economic collapse, etc etc, but they’re finding it hard to argue with ongoing record earnings. If this earnings season is a strong one, expect a blow-off rally into Christmas.

[quote author=“incorrigible”][quote author=“omacvi”]Good Morning Boys and Girls

Woke up to see aapl going up and up.  WS appears to be treating this stock with more respect.

I decided of course to jump back on the train.  I am back in baby.

Lets go for a ride towards hugh gains in the coming months

Who are you and what have you done with the real omacvi?

JK

Laura kicked my ass for selling on Friday and Sponge Bob was kind enough to loan me some money so I can get back in.

Wasn’t it just a week ago that folks here were talking about shorting AAPL if it hit 160 before earnings.   

[quote author=“Play Ultimate”]Wasn’t it just a week ago that folks here were talking about shorting AAPL if it hit 160 before earnings.   

Daaahling, shorting $160 is just so last week

Now at $170/175 pre-earnings you’ll get the world+mother shorting into the call.. which may be a good thing, if AAPL can finally deliver a half-decent forward guidance number after reporting a blow-out quarter.

That’s a big IF though.

To be honest, if AAPL falls under $159-160 from here, you’ll also see a lot of shorting. No big money will be shorting AAPL here though, not when RIMM has shown the potential to scale such loft heights and squeeze the shorts to death. $160 - 175 is no-man’s land for shorts - its too much of a gamble.

Hmmm. Looks like its only aapl and rimm keeping the nasdaq positive at the mo, and it looks like the momentum is against them. Interesting day.

[quote author=“omacvi”]
Laura kicked my ass for selling on Friday and Sponge Bob was kind enough to loan me some money so I can get back in.

And she could do it too!!

d

Read this topic immediately . Doug Kass says he wants in on AAPL. What made him change his mind after nay-saying the stock from $40 to $160?

Buying an iPhone.

Rock on!

[quote author=“Tommo_UK”]Doug Kass says he wants in on AAPL. What made him change his mind after nay-saying the stock from $40 to $160?

Buying an iPhone.

Ballmer next?

[quote author=“Tommo_UK”]Read this topic immediately . Doug Kass says he wants in on AAPL. What made him change his mind after nay-saying the stock from $40 to $160?

Buying an iPhone.

Rock on!

Now he needs to tell Scott “I’m a dumbass” Moritz!!

d

Huh?  What did I miss over the weekend while out in the swamp trying in vain to capture the right light on my CMOS sensors?

Heading back down to the top of the trading channel after the morning’s break-out. If 163.20 - 163.40 doesn’t hold, then I think the gap-up open gets filled.

Huh?  What did I miss over the weekend while out in the swamp trying in vain to capture the right light on my CMOS sensors?

I was referring to the previous quarter.  Apple shipped 1.7 million macs while a few were hoping for 1.9 million.

I think if we hit 2.1 million this quarter then apple truly has reached a tipping point where the only slow down is not opening enough stores or building enough macs to meet demand.

The lack of MacBooks Pro this past summer comes to mind.

That would have to be a big balls move right now if I ever saw one. Dont fight the trend.  

[quote author=“Play Ultimate”]Wasn’t it just a week ago that folks here were talking about shorting AAPL if it hit 160 before earnings.   

[quote author=“roontoon”][quote author=“Tommo_UK”]Read this topic immediately . Doug Kass says he wants in on AAPL. What made him change his mind after nay-saying the stock from $40 to $160?

Buying an iPhone.

Rock on!

Now he needs to tell Scott “I’m a dumbass” Moritz!!

d

Speaking of dumbass Moritz - did you see his skit on the street.com about leopard?  You’d think you were watching a skit of Saturday Night Live (at least SNL is funny).

$166.50 for the close anyone?