AAPL Intraday Updates

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    Posted: 14 September 2009 11:33 AM #16

    My iMac is dead. First time ever for me.

    What is max pain for Oct.?

    Thanx

         
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    Posted: 14 September 2009 11:39 AM #17

    awcabot - 14 September 2009 02:31 PM
    Eric Landstrom - 14 September 2009 01:40 PM

    I’m a buyer today.  grin

    So far you are correct: what made you think that AAPL would rise today?

    this change in direction is market driven. If the market goes down 30 points or more it will take us down. I am still only about 25% in

         
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    Posted: 14 September 2009 11:40 AM #18

    awcabot - 14 September 2009 02:31 PM
    Eric Landstrom - 14 September 2009 01:40 PM

    I’m a buyer today.  grin

    So far you are correct: what made you think that AAPL would rise today?

    I didn’t buy Apple because the momentum crowd is not trading Apple and so the percentage range is limited and yet way too expensive to trade penny spreads. Consider stacking orders for 10,000 shares with a bid of $1.80 and once then orders start executing, placing AON sell orders for $1.81 and you can then see how a stock screams sideways with a penny spread. But play that same game with AAPL and you’re leveraging up risk without levering up profit. Moreover, you’re also cooking through buying power. Anyway, all to say that I’m not interested in buying AAPL.

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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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    Posted: 14 September 2009 11:40 AM #19

    Sold a small trade from last week (call option).  Breaking 170 may be tough but before fund managers move in for end of quarter buys (if they have not been in the market and want to keep their jobs) it just feels like more of a pullback will happen with options exp. this week.  Who knows, not I!

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    NOBAMA / Carter 2012 - “Yes we can - we just figured out a way - it’s called the American deem”

         
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    Posted: 14 September 2009 11:46 AM #20

    omacvi - 14 September 2009 02:33 PM

    My iMac is dead. First time ever for me.

    What is max pain for Oct.?

    Thanx

    According to this: http://www.optionpain.com/MaxPain/Max-Pain.php

    Looks like $155.

    BTW, good luck with your Mac.

    Signature

    “Once we roared like lions for liberty; now we bleat like sheep for security! The solution for America’s problem is not in terms of big government, but it is in big men over whom nobody stands in control but God.”  ?Norman Vincent Peale

         
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    Posted: 14 September 2009 11:46 AM #21

    runedge - 14 September 2009 02:40 PM

    Sold a small trade from last week (call option).  Breaking 170 may be tough but before fund managers move in for end of quarter buys (if they have not been in the market and want to keep their jobs) it just feels like more of a pullback will happen with options exp. this week.  Who knows, not I!

    That is my assessment as well and dovetails with my overarching trading thesis for this month where I accumulate as the market slides down and then after tax selling is over, I anticipate performance chasing to resume.

    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.

         
  • Posted: 14 September 2009 11:57 AM #22

    DawnTreader - 14 September 2009 01:11 AM
    Gtrplyr - 13 September 2009 11:54 PM

    There’s really only ONE way to know for sure what will happen ....

    Magic 8 Ball

    delete

    [ Edited: 14 September 2009 12:01 PM by willrob ]      
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    Posted: 14 September 2009 12:19 PM #23

    Obama up in 50 minutes.  Not sitting hear hoping for a sell off (well kind of but positioned either way).  Would imagine a sell off when he speaks though.

    Signature

    NOBAMA / Carter 2012 - “Yes we can - we just figured out a way - it’s called the American deem”

         
  • Posted: 14 September 2009 12:29 PM #24

    I posted these last night, but for some reason they are MIA.

    Monday

    R4         179.00
      midpoint   177.85
    R3       176.69
      midpoint   175.54
    R2       174.38
      midpoint   173.83
    R1       173.27
      midpoint   172.67
    PP       172.07
      midpoint   171.52
    S1       170.96
      midpoint   170.36
    S2       169.76
      midpoint   168.61
    S3       167.45
      midpoint   166.30
    S4       165.14

         
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    Posted: 14 September 2009 01:01 PM #25

    Office pool!

    I’m taking the phrase, “Long and tough.”

    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.

         
  • Posted: 14 September 2009 01:14 PM #26

    Eric Landstrom - 14 September 2009 04:01 PM

    Office pool!

    I’m taking the phrase, “Long and tough.”

    I pick “Wackos” and “Old Farts”.

         
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    Posted: 14 September 2009 01:24 PM #27

    willrob - 14 September 2009 04:14 PM
    Eric Landstrom - 14 September 2009 04:01 PM

    Office pool!

    I’m taking the phrase, “Long and tough.”

    I pick “Wackos” and “Old Farts”.

    Double down on rants from Congressmen?

    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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    Posted: 14 September 2009 01:28 PM #28

    artman1033 - 14 September 2009 04:25 PM
    willrob - 14 September 2009 04:14 PM
    Eric Landstrom - 14 September 2009 04:01 PM

    Office pool!

    I’m taking the phrase, “Long and tough.”

    I pick “Wackos” and “Old Farts”.

    ON 150,000 SHARES TRADED AAPL is up to $172.71 since the President started DISSING WS.

    This may change!

    Mike’s link hypnotized me… M-U-S-T   O-W-N   A-A-P-L….

    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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    Posted: 14 September 2009 01:50 PM #29

    Please can we get some volatility…. This paint drying action is getting OLD!

    Signature

    NOBAMA / Carter 2012 - “Yes we can - we just figured out a way - it’s called the American deem”

         
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    Posted: 14 September 2009 01:53 PM #30

    Christine Romer (spelling) is on CNBC.  I always feel like she’s going to announce this week’s elementary school lunches and not economic policy.

    Signature

    NOBAMA / Carter 2012 - “Yes we can - we just figured out a way - it’s called the American deem”