AAPL Intraday Updates (Archive)

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    Posted: 24 May 2010 03:56 PM #16

    Has anyone else noticed what Sprint (S) is doing today?  10.88% . It looks like a lot of people are betting that Sprint is going to be Apples new best buddy.

    :apple:

         
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    Posted: 24 May 2010 03:59 PM #17

    MacCube - 24 May 2010 06:56 PM

    Has anyone else noticed what Sprint (S) is doing today?  10.88% . It looks like a lot of people are betting that Sprint is going to be Apples new best buddy.
    :apple:

    Most likely due to this.

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    Posted: 24 May 2010 05:03 PM #18

    Spain’s taking over a regional bank spanked the markets as they were led down by our financial sector.

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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: 24 May 2010 10:20 PM #19

    artman1033 - 25 May 2010 01:00 AM

    If I was a hedge fund manager, I might have been tempted to:

    1) buy 2000 of the May 240 calls 45 minutes before the close on Friday for 19 cents.

    Total cost $3800 to control 200,000 shares of AAPL.

    2) sell the options at the close, for $2.00 to 2.30


    The hedge fund would net about 362,000 to 422,000.

    Thank for highlighting this trick.  Will pay full attention on OE Friday.

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  • Posted: 25 May 2010 01:12 AM #20

    Tuesday

    R4         261.89
      midpoint   259.57
    R3       257.25
      midpoint   254.93
    R2       252.61
      midpoint   251.15
    R1       249.69
      midpoint   248.83
    PP       247.97
      midpoint   246.51
    S1       245.05
      midpoint   244.19
    S2       243.33
      midpoint   241.01
    S3       238.69
      midpoint   236.37
    S4       234.05

         
  • Posted: 25 May 2010 06:57 AM #21

    testing 240 in PM…

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    An economist is an expert who will know tomorrow why the things he predicted yesterday didn’t happen today.

         
  • Posted: 25 May 2010 07:53 AM #22

    N.L. - 25 May 2010 09:57 AM

    testing 240 in PM…

    Glad I sold 10 contracts yesterday (Oct. 240s), purchased last Thursday for a nice gain

         
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    Posted: 25 May 2010 10:20 AM #23

    Oh man, it’s shaping up to be one of “those days” today isn’t it? As in where everything looks bad in PM and then we fall off a cliff at 9:30 AM.

         
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    Posted: 25 May 2010 10:24 AM #24

    Good Morning Boys and Girls

    Well the sponge has officially lost more money then I had planned. Not feeling too sad, since I am still doing quite well overall.

    Had no choice to but bailout given the crazy market.  Now I am becoming a bear and I hope we drop to 200 so I can buy back.

    It is hard to say where we are heading, but we can definitely drop another 10 points in the next few days.

         
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    Posted: 25 May 2010 11:00 AM #25

    Hello all. No margins here, but I did sold every stocks I had yesterday (AAPL at 250, BAC at 15.80 and C at 3.85). I intend to get back in, only in AAPL, and only when we hit the bottom of the current correction, which will be when…? any insight would be greatly appreciated.

    :-D

         
  • Posted: 25 May 2010 11:14 AM #26

    pasdeniaisage - 25 May 2010 02:00 PM

    Hello all. No margins here, but I did sold every stocks I had yesterday (AAPL at 250, BAC at 15.80 and C at 3.85). I intend to get back in, only in AAPL, and only when we hit the bottom of the current correction, which will be when…? any insight would be greatly appreciated.

    :-D

    I bought my Oct. 10 calls (240s) back this morning at $27.10.  North Korea spooks me, of course, because there’s no telling what can come out of any showdown there.  Otherwise, I’m comfortable owning Apple here.  I hope events don’t prove that it’s false comfort.

         
  • Posted: 25 May 2010 11:31 AM #27

    artman1033 - 25 May 2010 01:00 AM

    If I was a hedge fund manager, I might have been tempted to:

    1) buy 2000 of the May 240 calls 45 minutes before the close on Friday for 19 cents.

    Total cost $3800 to control 200,000 shares of AAPL.

    2) sell the options at the close, for $2.00 to 2.30


    The hedge fund would net about 362,000 to 422,000.

    Total cost is actually 38k.  Still a nice trade.

         
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    Posted: 25 May 2010 11:37 AM #28

    Mercel - 25 May 2010 02:14 PM
    pasdeniaisage - 25 May 2010 02:00 PM

    Hello all. No margins here, but I did sold every stocks I had yesterday (AAPL at 250, BAC at 15.80 and C at 3.85). I intend to get back in, only in AAPL, and only when we hit the bottom of the current correction, which will be when…? any insight would be greatly appreciated.

    :-D

    I bought my Oct. 10 calls (240s) back this morning at $27.10.  North Korea spooks me, of course, because there’s no telling what can come out of any showdown there.  Otherwise, I’m comfortable owning Apple here.  I hope events don’t prove that it’s false comfort.

    The economic news (PIIGS debts mostly) and the overall market behavior from the last 3 weeks is what convinced me of selling yesterday, on a rare (lately) uptrend. I’m sick of watching my AAPL going from 272 to 240 in a snap, I figured I might as well sell when we’re up and buy back when the times are more optimistics, which I don’t see anytime soon, new iPhone or not. Now I’m all cash, US cash that is, and while I’m not doing anything with it, I’m richer (on paper), being Canadian and the direction the Canadian dollar is heading (along with most heavy commodities currencies), down, I make cash, theorically… But I don’t intend to change my US for CDN, I need US to buy back AAPL, I just have to figure a good re-entry point, 225? 210? 200? 150? 80? we’ll see…

         
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    Posted: 25 May 2010 11:45 AM #29

    artman1033 - 25 May 2010 02:20 PM
    Mercel - 25 May 2010 02:14 PM

      North Korea spooks me, of course, because there’s no telling what can come out of any showdown there.  Otherwise, I’m comfortable owning Apple here.  I hope events don’t prove that it’s false comfort.

    The news item that bothers me is the rumor China KNEW about the North Korean attack BEFORE it happened.

    NOTHING WOULD SURPRISE ME!

    NK needs its population to focus on some big, bad guy so as to not focus on its own badly governed plight. The longer everybody can avoid war while imposing and enforcing sanctions, the more likely NK will implode as the North Koreans reject their demi-god leader.

    [ Edited: 25 May 2010 12:36 PM by Eric Landstrom ]

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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: 25 May 2010 12:01 PM #30

    [quote author=“Eric Landstrom” date=“1274813121”

    NK needs its population to focus on some big, bad guy so as to not focus on its own badly governed plight. The longer everybody can avoid war while imposing and enforcing sanctions, the more likely NK will implode as the North Koreans reject their demi-god leader.


    Eric,

    Since the population only knows what the state tells it, I do not see how the NK populous will ever rise up against its leader. China needs to take control of this by any means necessary. Eric, NK is already dark at night, KJI does not want his people to be able to move around at night.  rolleyes

    (biting my tongue on this one, I know the leftist out there are ready to defend NK)

     

    http://www.globalsecurity.org/military/world/dprk/dprk-dark.htm

    [ Edited: 25 May 2010 12:05 PM by mbeauch ]

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