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AAPL Intraday Updates (Archive)
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Anyone buying BAC here this morning for a quick trade - after they dropped from 9.40 to 8.30?
Eric??
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“We hang the petty thieves and appoint the great ones to public office.” - Aesop
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Why is AAPL down over 1 per cent when the market is coming up fairly strong?
Edited: perhaps to give me a buying opportunity, heh. AAPL is recovering from 82 now, mmm.
...Or not.
You’d think a day with 65+ million shares would demonstrate with some conviction that AAPL is safe without Jobs. Of course, I’m still a little uneasy and haven’t dived in yet.
Or perhaps I’m simply bitter having missed my chance to buy at 80 (let alone 76 after hours on Wednesday).
[ Edited: 16 January 2009 11:51 AM by Winterpool ]Signature
Ah, love, let us be true to one another! for the world… hath really neither joy, nor love, nor light, nor certitude, nor peace, nor help for pain
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Winterpool -was wondering exactly the same thing.
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Lieutenant Dan got me invested in some kind of fruit company…
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Anyone buying BAC here this morning for a quick trade - after they dropped from 9.40 to 8.30?
Eric??
I was selling above 9. I’m scaling back in thereby lowering my average cost per share using the 95/5 method (sell 95%, keep 5% assign a stop at 50% of profit).
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Black Swan Counter: 9 (Banks need money, Jobs needs a break, Geithner has no plan, Cuomo’s grandstanding, .Gov needs a hobby, GS works for money, flash crash, is that bubbling crude?).
For those who look, a flash allows one to see farther.
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Anyone buying BAC here this morning for a quick trade - after they dropped from 9.40 to 8.30?
Eric??
I was selling above 9. I’m scaling back in thereby lowering my average cost per share using the 95/5 method (sell 95%, keep 5% assign a stop at 50% of profit).
Interesting! Good call to sell above 9. I just bought some at 8. See if it holds.
Signature
“We hang the petty thieves and appoint the great ones to public office.” - Aesop
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Anyone buying BAC here this morning for a quick trade - after they dropped from 9.40 to 8.30?
Eric??
I was selling above 9. I’m scaling back in thereby lowering my average cost per share using the 95/5 method (sell 95%, keep 5% assign a stop at 50% of profit).
Interesting! Good call to sell above 9. I just bought some at 8. See if it holds.
8ish is a good number since 8ish was defended yesterday when news was worse and everybody was more scar’t. The down side is how can you trust Lewis?
If you’re going to trade BAC, throw C and BAC up on minute candlesticks with a 10,20, 100 simple moving average, MACD (12, 26, 9) and RSI 14) as indicators.
[ Edited: 16 January 2009 12:03 PM by Eric Landstrom ]Signature
Black Swan Counter: 9 (Banks need money, Jobs needs a break, Geithner has no plan, Cuomo’s grandstanding, .Gov needs a hobby, GS works for money, flash crash, is that bubbling crude?).
For those who look, a flash allows one to see farther.
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Anyone buying BAC here this morning for a quick trade - after they dropped from 9.40 to 8.30?
Eric??
I was selling above 9. I’m scaling back in thereby lowering my average cost per share using the 95/5 method (sell 95%, keep 5% assign a stop at 50% of profit).
Interesting! Good call to sell above 9. I just bought some at 8. See if it holds.
8ish is a good number since 8ish was defended yesterday when news was worse and everybody was more scar’t. The down side is how can you trust Lewis?
The question is - how can you trust ANY Bank CEO??
Sold 50% at 8.35. Holding on to the rest for now.
Edit: And what the heck is going on with AAPL today??
Signature
“We hang the petty thieves and appoint the great ones to public office.” - Aesop
-
Anyone buying BAC here this morning for a quick trade - after they dropped from 9.40 to 8.30?
Eric??
I was selling above 9. I’m scaling back in thereby lowering my average cost per share using the 95/5 method (sell 95%, keep 5% assign a stop at 50% of profit).
Interesting! Good call to sell above 9. I just bought some at 8. See if it holds.
8ish is a good number since 8ish was defended yesterday when news was worse and everybody was more scar’t. The down side is how can you trust Lewis?
The question is - how can you trust ANY Bank CEO??
Sold 50% at 8.35. Holding on to the rest for now.
I was just going to say, peel some off but never mind.

Signature
Black Swan Counter: 9 (Banks need money, Jobs needs a break, Geithner has no plan, Cuomo’s grandstanding, .Gov needs a hobby, GS works for money, flash crash, is that bubbling crude?).
For those who look, a flash allows one to see farther.
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Major indices have slipped back a little. Are we not going to rally in earnest today after all?
Was there any major bad news other than the bank results? C is up over 7 per cent? My best friend bought boxloads of it yesterday, heh.
Edited: whereas the first 12 hours after the Jobs news saw lots of ‘don’t panic’ stories, I noticed more ‘Apple without Jobs is… meh’ stories in the next 12 hours. That Apple without Jobs wouldn’t necessarily collapse, but it might become just another tech company.
In which case some investors might want out?
[ Edited: 16 January 2009 12:08 PM by Winterpool ]Signature
Ah, love, let us be true to one another! for the world… hath really neither joy, nor love, nor light, nor certitude, nor peace, nor help for pain
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Anyone buying BAC here this morning for a quick trade - after they dropped from 9.40 to 8.30?
Eric??
I was selling above 9. I’m scaling back in thereby lowering my average cost per share using the 95/5 method (sell 95%, keep 5% assign a stop at 50% of profit).
Interesting! Good call to sell above 9. I just bought some at 8. See if it holds.
8ish is a good number since 8ish was defended yesterday when news was worse and everybody was more scar’t. The down side is how can you trust Lewis?
The question is - how can you trust ANY Bank CEO??
Sold 50% at 8.35. Holding on to the rest for now.
Edit: And what the heck is going on with AAPL today??
The street tends to think that AAPL is dead money and the stock will not work until we start pulling out of a recession because Apple products are consumer discretionary.
Signature
Black Swan Counter: 9 (Banks need money, Jobs needs a break, Geithner has no plan, Cuomo’s grandstanding, .Gov needs a hobby, GS works for money, flash crash, is that bubbling crude?).
For those who look, a flash allows one to see farther.
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Anyone buying BAC here this morning for a quick trade - after they dropped from 9.40 to 8.30?
Eric??
I was selling above 9. I’m scaling back in thereby lowering my average cost per share using the 95/5 method (sell 95%, keep 5% assign a stop at 50% of profit).
Interesting! Good call to sell above 9. I just bought some at 8. See if it holds.
8ish is a good number since 8ish was defended yesterday when news was worse and everybody was more scar’t. The down side is how can you trust Lewis?
The question is - how can you trust ANY Bank CEO??
Sold 50% at 8.35. Holding on to the rest for now.
I was just going to say, peel some off but never mind.

I noticed the avatar change. Think this bounce off the lows is a dead cat huh? Financials in particular?
edit: Nevermind.
[ Edited: 16 January 2009 12:12 PM by ConMan ]
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“the market can stay irrational longer than you can stay solvent”
-John Maynard Keynes -
Anyone buying BAC here this morning for a quick trade - after they dropped from 9.40 to 8.30?
Eric??
I was selling above 9. I’m scaling back in thereby lowering my average cost per share using the 95/5 method (sell 95%, keep 5% assign a stop at 50% of profit).
Interesting! Good call to sell above 9. I just bought some at 8. See if it holds.
8ish is a good number since 8ish was defended yesterday when news was worse and everybody was more scar’t. The down side is how can you trust Lewis?
The question is - how can you trust ANY Bank CEO??
Sold 50% at 8.35. Holding on to the rest for now.
I was just going to say, peel some off but never mind.

I noticed the avatar change. Think this bounce off the lows is a dead cat huh? Financials in particular?
My moods change throughout the day.

Signature
Black Swan Counter: 9 (Banks need money, Jobs needs a break, Geithner has no plan, Cuomo’s grandstanding, .Gov needs a hobby, GS works for money, flash crash, is that bubbling crude?).
For those who look, a flash allows one to see farther.
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I thought the market would be good for a rally of a few days going into Obamanauguration. You don’t have Hope, Eric?
The Street has been driving AAPL down since the summer with the whole ‘consumer discretionary spending is dead’ logic. Are we back to the same old same old after yesterday? But why shouldn’t AAPL move with a general market bounce? Did we exhaust our buyers in yesterday’s trial?
Edited: S1 held. Might dip my toe back in presently.
Signature
Ah, love, let us be true to one another! for the world… hath really neither joy, nor love, nor light, nor certitude, nor peace, nor help for pain
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The street tends to think that AAPL is dead money and the stock will not work until we start pulling out of a recession because Apple products are consumer discretionary.
I can understand this - the confusing this is why is first up to 84.30 with all the other tech stocks and plunges within 10 minutes?
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“We hang the petty thieves and appoint the great ones to public office.” - Aesop
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Computer Sector all down. Not just AAPL
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The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled.

