Call the Open/Close

  • Posted: 01 February 2012 10:25 AM #31

    fas550 - 25 January 2012 04:23 PM
    Mav - 25 January 2012 04:15 PM

    440-445?  That’s OK, we’ll have a bunch of sellers today and maybe throughout the next few weeks as the traders, non-traders, fund managers, etc. reevaluate their portfolios.

    Absent the ever-present macro factors which we always have to watch for, you have to feel pretty good about a company that just raised its ttm trailing value by almost 27% overnight, where the stock price moved only 6%.  And if the company keeps growing earnings at a 70-100% clip, the market will have a very difficult time finding reasons to drive the price down very far for very long.  AAPL is crushing its peers with results that AMZN should be getting, with a valuation that a 15-20% growth stock should be getting.

    +1 Agreed.  Macro factors are likely to come more into focus in the next week.  You’ve got the boondoggle Davos going on, the Greeks still don;t have an agreement and if/when they do the details are probably going to be ugly.  Also AAPL is probably the lead and brightest story of earnings so to an extent it’s downhill sentiment from here.  AMZN is a tempting short BTW.  Especially after TCs comments I believe little will overcome the hit they are likely to get take on margins due to the Fire.  Their earnings is 30 Jan.

    So Mav did you short AMZN?  I took a small position with slight regrets not taking a bigger one.

         
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    Posted: 01 February 2012 03:54 PM #32

    455

         
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    Posted: 01 February 2012 03:56 PM #33

    456.20

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    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
  • Posted: 01 February 2012 04:05 PM #34

    456.21

         
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    Posted: 01 February 2012 04:08 PM #35

    mad

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    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
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    Posted: 01 February 2012 05:18 PM #36

    456.19!

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    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
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    Posted: 02 February 2012 02:34 PM #37

    453.

         
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    Posted: 02 February 2012 03:03 PM #38

    454.12.

    Lower and I start Operation Buy the Dip.

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    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
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    Posted: 02 February 2012 05:41 PM #39

    I was *going* to say 455, but it just seemed too obvious.  Sometimes, it’s okay to expect the expected. :D

         
  • Posted: 02 February 2012 06:14 PM #40

    Friday (3rd of February) I want $457.75 (as a minimum).  That will make me all giddy.

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    You can’t do more, make more, be more, than the next guy, if you think like the next guy. Think different.

         
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    Posted: 02 February 2012 06:17 PM #41

    Hm.  Things are looking up tomorrow then Gregg?  I do see potential consolidation at this level (!) but I don’t have enough data points for the year to be sure.

    Signature

    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
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    Posted: 02 February 2012 07:42 PM #42

    2 for 2, called one within a penny.

    ...no, I don’t think it means I’m onto something.  Still fun, though.

    Signature

    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
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    Posted: 03 February 2012 08:06 PM #43

    Gregg Thurman - 02 February 2012 10:14 PM

    Friday (3rd of February) I want $457.75 (as a minimum).  That will make me all giddy.

    YAY for Giddy Gregg!!! :D

         
  • Posted: 03 February 2012 08:13 PM #44

    lovemyipad - 04 February 2012 12:06 AM
    Gregg Thurman - 02 February 2012 10:14 PM

    Friday (3rd of February) I want $457.75 (as a minimum).  That will make me all giddy.

    YAY for Giddy Gregg!!! :D

    Yes I am.  I’m typing this with one hand, because I’m using the other to hang onto my desk. otherwise I float away.

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    You can’t do more, make more, be more, than the next guy, if you think like the next guy. Think different.

         
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    Posted: 19 March 2012 02:51 PM #45

    610. smile