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AAPL Intraday Updates (Archive)
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Hey
I just think I was premature in declaring 390 as low of the year from here on. The market has a ton of issues to contend with that will drag us down. I see issues with other European countries and US debt debate. Also it appears right now despite bad approval numbers like Obama will get a second term.
Also traditionally we se at least a 12 % drop from ATH. So we should see that between now and end of Jan 2012
Holy cow…............ your aapl crystal ball now includes presidential races!!
While I do agree with your overall aapl/econ thesis (politics aside) I think it would be best if you keep additional poli-sci comments out of your posts.
cheers to the longs
JohnG -
Let’s try and keep political-sounding stuff of this topic where possible (though obviously Greece is very much in play and very relevant to this week’s action).
Reaction to whatever happens in Greece may drive the markets tomorrow.
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The Summer of AAPL is here. Enjoy it (responsibly) while it lasts.
AFB Night Owl Team™
Thanks, Steve. -
Let’s try and keep political-sounding stuff of this topic where possible (though obviously Greece is very much in play and very relevant to this week’s action).
Reaction to whatever happens in Greece may drive the markets tomorrow.
A new Prime Minister should be announced, and there should be less fear of Greece committing suicide and there not being enough money for pall bearers.
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Monday
R4 413.79
midpoint 411.65
R3 409.51
midpoint 407.37
R2 405.23
midpoint 403.98
R1 402.73
midpoint 401.84
PP 400.95
midpoint 399.70
S1 398.45
midpoint 397.56
S2 396.67
midpoint 394.53
S3 392.39
midpoint 390.25
S4 388.11 -
Let’s try and keep political-sounding stuff of this topic where possible (though obviously Greece is very much in play and very relevant to this week’s action).
Reaction to whatever happens in Greece may drive the markets tomorrow.
A new Prime Minister should be announced, and there should be less fear of Greece committing suicide and there not being enough money for pall bearers.
Which is my take as well.
The futures/early trading isn’t reflecting such a positive-ish sentiment, though.
Signature
The Summer of AAPL is here. Enjoy it (responsibly) while it lasts.
AFB Night Owl Team™
Thanks, Steve. -
Apparently the no-confidence vote was a no-win situation as far as the market action on Monday was concerned?
Makes me wonder how bad it might’ve been if Papandreou _hadn’t_ pulled out the “win.”
No reason to panic. Just more of the same volatility.
Signature
The Summer of AAPL is here. Enjoy it (responsibly) while it lasts.
AFB Night Owl Team™
Thanks, Steve. -
AndrewLing
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I’ve been concerned about the late day weakness of late with apple opening above the Nasdaq but closing below of several occasions. But im a long time investor and not worried enough to sell any of my shares ahead of the stock traders almanacs best six months of the year. The market historically has made all it’s gains nov-April with 0 returns may-October. Makes sense since summer time is when people go on vacation and sell stocks to spend.
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Next up: Italy.
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Next up: Italy.
To Helen
Helen, thy beauty is to me
Like those Nicean barks of yore
That gently, o’er a perfumed sea,
The weary, way-worn wanderer bore
To his own native shore.On desperate seas long wont to roam,
Thy hyacinth hair, thy classic face,
Thy Naiad airs have brought me home
To the glory that was Greece,
And the grandeur that was Rome.Lo, in yon brilliant window-niche
How statue-like I see thee stand,
The agate lamp within thy hand,
Ah! Psyche, from the regions which
Are Holy Land!Edgar Allan Poe
1845 revision of his 1831 poem, To Helen
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I liked this New Yorker magazine article that connects Jobsian characteristics with the Industrial Revolution in England
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ToS has been showing for more than an hour a higher bid than ask for AAPL. Am I the only one?
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Tightwad.
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ToS has been showing for more than an hour a higher bid than ask for AAPL. Am I the only one?
399.77 x 398 at fidelity
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ToS has been showing for more than an hour a higher bid than ask for AAPL. Am I the only one?
Same here. Had thought it would clear at the open, but it’s still showing 398.
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Throughout all my years of investing I’ve found that the big money was never made in the buying or the selling. The big money was made in the waiting. ? Jesse Livermore
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Ok, disappointing. Looked like the futures were trending towards green and AAPl takes a dirtnap on the opening bell. sigh. At least the market as a whole seems relatively stable. Now if we can just get Berlusconi to resign, maybe we can to return to rationality (or the closest approximation thereof.)
In positive news, we are still inside the ascending triangle for AAPL.
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ToS has been showing for more than an hour a higher bid than ask for AAPL. Am I the only one?
Same here. Had thought it would clear at the open, but it’s still showing 398.
While TOS is on 398 for the Ask, Interactive Brokers are showing the real price. It makes me wonder how many black box programs are using this shitty data on which to base trades?
Signature
Throughout all my years of investing I’ve found that the big money was never made in the buying or the selling. The big money was made in the waiting. ? Jesse Livermore

