Wow - well and truly stuck in the mud with the indices ramping to new all-time highs. 168.50 acting as a ceiling. The scepticism really is pretty strong after all the profit-taking that took place this morning at $170 (who can blame them?), and the shorts look like holding on right into the close before deciding whether to cover or not. They are undoubtedly looking at RIMM’s fall from its high (all 3% of it - jeez…)  and thinking AAPL is ripe for a pullback, but conveniently forgetting that RIMM popped about 20% in the days after its earnings report…

When GOOG can get an $8 boost from some airhead analyst saying that there might be a gPhone due sometime next year you know the bears are mince meat on the slightest rumour.

Alcoa kicks off earnings season tonight, and more importantly for consumer-sensitive stocks, Costco reports tomorrow morning. Their numbers will be watched closely and could move the markets.

Here’s a whacky thought…  How about buying a different stock!!  Just double loaded SNDK @ 51.10 Here’s a stock with very good surprise and guidance potential going into their 10/18 earnings. Downside short term around 50 upside easy 58. I’m hoping to roll those profits into AAPL if a post earnings sell off happens.

[quote author=“Quadra”]T, would be easier to get the Ferrari out of the driveway if I weren’t your human speed bump.    Why not help me out of the way instead of constantly backing over me! 

Awwww Q, the world + mother tried to tell you not to sell at $148, and that once over $149 the stock was going to shoot for the stars. I can’t help it if you throw yourself under my tyres!

[quote author=“Quadra”]Just double loaded SNDK @ 51.10 Here’s a stock with very good surprise and guidance potential going into their 10/18 earnings. Downside short term around 50 upside easy 58. I’m hoping to roll those profits into AAPL if a post earnings sell off happens.

NAND pricing “collapsing”.. bearish reports on demand blah blah blah the same usual crap that always knocks the stuffing out of SNDK, overblown and unfair - as always. Agreed on your take though, good risk/reward if common sense returns - big if with SNDK though

I actually just sold my SNDK this morning at 52.80…..was giving me too much of a hedache and with Samsung reporting that they will report lower due to Dram and Nand prices heading south that just confirmed it for me.

I hope for you it doesnt continue to head south but I had enough…..moving to greener pastures.

That is just exactly my strategy, except my cost basis is just slightly higher. The only thing scaring me is that SNDK is down 3% when the markets are ramping. Hope there really is support not far from here or else I’ll get stopped out for a small loss.

Sorry, now back to AAPL.

by the way does anyone know what percentage of Apple products still utilize NVDA components? Was wondering on what their relationship was stilll like. I know they are switching over to the new Intel models coming out but was wondering if that has had any affect on NVDAs price recently.

Another reason why I droppped the SNDK was because I am holding a rather large position in NVDA and thats a little too much tech along with my crate of Apples.

Not that I want it to anytime soon but shouldnt AAPL try to come back and touch the 20day MA soon? or how long do you guys think it cn go without retesting it?

or how long till the 20 Day MA takes to catch up to the current price if we consolidate for a bit?

1 cent in the green—ANOTHER ALL TIME HIGH CLOSE!!

No. one cent in the red. yesterday closed at 167.91.

[quote author=“muckraker”]1 cent in the green—ANOTHER ALL TIME HIGH CLOSE!!

Apple was the most (over)traded stock in the Nasdaq today, as the weasels on meth tried their best to do something with it and ended up going nowhere

Some pullback - almost $60 up in 6 weeks, and the best they could manage was actually to close the stock flat. Pretty amazing.

Huh?

I’m showing a close of $167.86…......down 5 cents.

The overall NASDAQ was a good up-day… Would this have compensated any sell off of AAPL today?

[quote author=“Tommo_UK”][quote author=“muckraker”]1 cent in the green—ANOTHER ALL TIME HIGH CLOSE!!

Apple was the most (over)traded stock in the Nasdaq today, as the weasels on meth tried their best to do something with it and ended up going nowhere

Some pullback - almost $60 up in 6 weeks, and the best they could manage was actually to close the stock flat. Pretty amazing.

We did lose the PM gap-up and on candlestick chart that begins a bearish engulfment.  I was in+out 4 times today.  First Sell @169.50.  The rest was buying the dips, but because I was in defensive mode, sold them all for little profit, but no losses. 

[quote author=“Demian”]Huh?

I’m showing a close of $167.86…......down 5 cents.

me too

[quote author=“Demian”]Huh?

I’m showing a close of $167.86…......down 5 cents.

Now, I’m showing the same.  Now back to 167.90.  Shouldn’t be changing after the close—will the shenanigans ever stop?