fas550 - 25 January 2012 11:23 AM

Mav - 25 January 2012 11:15 AM

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.

455

456.20

456.21

456.19!

453.

454.12.

Lower and I start Operation Buy the Dip.

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

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

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.

2 for 2, called one within a penny.

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

Gregg Thurman - 02 February 2012 05:14 PM

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

YAY for Giddy Gregg!!!

lovemyipad - 03 February 2012 07:06 PM

Gregg Thurman - 02 February 2012 05:14 PM

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

YAY for Giddy Gregg!!!

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.

610.