It’s another ride on the market coaster come the opening of trading in New York. Will Monday be another fast dip or will it be a slow climb up the track?

Edited to archive.

Re: AAPL Intraday Updates

[quote author=“DawnTreader”]It’s another ride on the market coaster come the opening of trading in New York. Will Monday be another fast dip or will it be a slow climb up the track?

The fact that we have no clue shows just how schizophrenic the market is. And helps explain why people are leaving the market in droves.

Re: AAPL Intraday Updates

[quote author=“Play Ultimate”][quote author=“DawnTreader”]It’s another ride on the market coaster come the opening of trading in New York. Will Monday be another fast dip or will it be a slow climb up the track?

The fact that we have no clue shows just how schizophrenic the market is. And helps explain why people are leaving the market in droves.

Which, IMHO, is the exact mistake far too many people are making. Wall Street will be awash in dollars for equity investments and I expect this period of consolidation and acquisition to continue. In other words, more money, less paper will mean higher prices.

Bailout news and Bloomberg has nothing but red screaming by. A week ago would have been nice but now we’re not talking about how bad it is, ‘cause it’s bad. Very bad. Instead we’re talking about how long it will be bad.

120 in early premarket….

:x :x :x

WTF is going on? 120 in PM. 

I thought this weekend’s bailout agreement would gave given us an upside rally, not a downside one…

downgrades. (See News )

downgrades. (See News )

You mean this:

“Morgan Stanley downgrades Apple (AAPL 128.24) to Equal Weight from Overweight…

RBC downgrades Apple (AAPL 128.24) to Sector Perform from Outperform”

Ya, like we should take advice from the MS and the likes that got us into this mess in need of a 700 billions$ bailout. This is ridiculous. (Investing) life sucks now our days…

downgrades. (See News )

You mean this:

“Morgan Stanley downgrades Apple (AAPL 128.24) to Equal Weight from Overweight…

RBC downgrades Apple (AAPL 128.24) to Sector Perform from Outperform”

Ya, like we should take advice from the MS and the likes that got us into this mess in need of a 700 billions$ bailout. This is ridiculous. (Investing) life sucks now our days…

Seems to be the realization that consumer spending is going to be drastically reduced for at least the next 3 months.  Its likely to be a very slow Christmas season.

This market is starting to feel like a Runaway Train. Nothing to soothe the savage Wall Street beast… or is it one after all?

“No beast so fierce but knows some touch of pity, but I know none, therefore am no beast.”
-William Shakespeare, Richard III

(My next long tranche buy point is ~$116. We may see that this week—or today. Limit order is set.)

these downgrades are manipulation in my opinion.

these analyst know very well that shares will plunge if the cut their target from 178 to 115 and 200 to 140 ... and their comments that people want to buy less macs ? we shall see. ...

i think the banking houses just buy these shares after they downgrade them and than upgrade them when convenient. ...

these analyst estimates are a self fulfilling prophecy. .... i am deep underwater with my AAPL stock so I might just forget about it for the next 3 years. ... but what really ticks me off is that banks that have only losses have now almost a better standing than companies that are hugely profitable. .. WHAT ? .. I guess this is possible only on wallstreet.

the bailout should include a provision that the government buys macs for all its administrative workers. maybe we will rally then.

this market defies my understanding of economy. (i probably have no clue)

RIMM and GOOG also down in PM. So perhaps the “sector’ is dropping in sympathy.

stockmarketvideo.com scenario is playing out with a test of 115-117, they say a third test of this area won’t hold and that AAPL is headed towards 90. pretty sick stuff. back out Apple’s cash and what is left?

90? take out the 20 something odd dollars in cash and we would be trading at what a forward PE of 12ish? And thats PE, not even real cashflow.  9 months ago I would have bet my life we couldnt get back down to 100 aslong as Steve was alive without an accounting fraud catastrophe.  Wow, this is ridiculous.  I guess I might aswell kiss all of my Jan 09 calls good-bye.  A $115 price target?!? unbelievable.

I don’t know much. But without the financials to short - it SURE looks like Apple has been picked as the stock to short… Anyone got any ideas at HOW many shares of Apple are in circulation? Do they exceed the amount of shares that are actually being traded?

January support.