Weekend Updates

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    Posted: 25 May 2012 06:05 PM

    The bar is open…  Who is having what? smile

    [ Edited: 28 May 2012 07:34 PM by lovemyipad ]      
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    Posted: 25 May 2012 06:21 PM #1

    lovemyipad - 25 May 2012 09:05 PM

    The bar is open…  Who is having what? smile

    Some Chicago Deep dish pizza and a few beers will do the trick! Left that snoozefest early.

    Stuck my finger in the AVSPY waters (watching the 30min for buy signals). Not buying it specifically (not enough movement) but went with AAPL ATM calls and SPY ATM puts (Aug.), trial balloon. The signal on May 17th worked great. Will see how it plays out over time. I think AAPL will continue to outperform the SPY so we’ll see. When AFB complaints about being mistreated get the loudest I’ll jump in with bigger numbers.

    Good weekend all.
    BTW, how’s Fenway doing iPad?

         
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    Posted: 25 May 2012 06:52 PM #2

    I want something cold that hurts going down and then warms the cockles of my heart.

    Like Mercel, I am looking forward to WWDC. June is right around the corner. I believe smart companies, and smart people, choose words wisely. A phrase like: “The week we have all been waiting for”  carries too much symbolism and promise for me to dismiss it as simple hype. With Apple back in the spotlight and the rumors flying about what IOS 6 might mean for future product rollouts, including Ipanel, those should be heady days.

    As Lovey pointed out, technicals are lining up a bit better. We are poised for chugging upwards.  So as not to jinx the mood, I will have nothing to do with “Greece” or “Grease” or even “Grass” (to avoid alliterative risk) this weekend. No Olives, no old Movies with John Travolta and Olivia Newton John and I won’t mow the lawn.

    [ Edited: 25 May 2012 06:55 PM by Red Shirted Ensign ]

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    AAPL: to boldly go where no stock has gone before

         
  • Posted: 25 May 2012 07:09 PM #3

    Not a bad week - opened at $534.50, closed at $562.29

    Made some money.  Not entirely happy, but

         
  • Posted: 25 May 2012 07:11 PM #4

    My birthday is June 9th….the WWDC is the 11th.  I am a patient woman…will wait for my bday gift!

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    Keep Calm and Carry On

         
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    Posted: 25 May 2012 07:25 PM #5

    I can upgrade to iced tea now.  Made some spare change from trades this week, which is nice for getting some confidence back and also helps me stay sharp for what should be more frequent trading soon.

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

         
  • Posted: 25 May 2012 07:52 PM #6

    I go in spurts.  No trading now

    Maybe later

         
  • Posted: 25 May 2012 07:58 PM #7

    It appears we’re not alone in being a little down on CNBC.  Check out the comments following Joe “Terrible” Terranova’s segment on Fast Money in which he broad brushes the tech sector based on DELL’s lackluster earnings.  HooHaa….

    http://www.cnbc.com/id/47557682

         
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    Posted: 25 May 2012 08:15 PM #8

    Mercel - 25 May 2012 10:58 PM

    It appears we’re not alone in being a little down on CNBC.  Check out the comments following Joe “Terrible” Terranova’s segment on Fast Money in which he broad brushes the tech sector based on DELL’s lackluster earnings.  HooHaa….

    http://www.cnbc.com/id/47557682

    Mercel, I didn’t know you could post over there with four different screen names. Nice job.

    There was a time when CNBC represented old Wall Street values. Mark Haynes was a cynical, show me kind of guy. They relied more on the Art Cashen (sp) types, who studied markets and recognized the ebb and flow of legitimate market action….not the HFT, FUD infused, Hide the Pea kind of analysis that passes for deep thinking on Fast Money. “I’m long, I’m short….I like it at 500, I hate it at 510”....

    Grrrrr….now I am souonding like JD (only less elequent). I need another beer. Maybe I’ll just sit back and watch NASCAR all weekend….hey they are using IPADS!

    http://www.macrumors.com/2012/05/25/how-an-ipad-speeds-reporting-from-nascars-pit-row/

    [ Edited: 25 May 2012 08:22 PM by Red Shirted Ensign ]

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    AAPL: to boldly go where no stock has gone before

         
  • Posted: 25 May 2012 08:31 PM #9

    Another tablet bites the dust, although it was way past irrelevant anyway.  This will have zero impact on Apple, but the larger trend of Enterprise BYOD is interesting. 

    This time from Cisco

         
  • Posted: 25 May 2012 08:44 PM #10

    Red Shirted Ensign - 25 May 2012 11:15 PM
    Mercel - 25 May 2012 10:58 PM

    It appears we’re not alone in being a little down on CNBC.  Check out the comments following Joe “Terrible” Terranova’s segment on Fast Money in which he broad brushes the tech sector based on DELL’s lackluster earnings.  HooHaa….

    http://www.cnbc.com/id/47557682

    Mercel, I didn’t know you could post over there with four different screen names. Nice job.

    There was a time when CNBC represented old Wall Street values. Mark Haynes was a cynical, show me kind of guy. They relied more on the Art Cashen (sp) types, who studied markets and recognized the ebb and flow of legitimate market action….not the HFT, FUD infused, Hide the Pea kind of analysis that passes for deep thinking on Fast Money. “I’m long, I’m short….I like it at 500, I hate it at 510”....

    Grrrrr….now I am souonding like JD (only less elequent). I need another beer. Maybe I’ll just sit back and watch NASCAR all weekend….hey they are using IPADS!


    http://www.macrumors.com/2012/05/25/how-an-ipad-speeds-reporting-from-nascars-pit-row/


    Are u trying to tarnish my boy scout reputation?  But I agree—Art Cashin and Mark Haynes (RIP) are giants compared to the current crop of talking heads who speak before they think. 

    Spell check is failing you RSE.  Have a few more drinks and it’s bound to improve…  :-D

         
  • Posted: 25 May 2012 08:48 PM #11

    Mercel - 25 May 2012 10:58 PM

    It appears we’re not alone in being a little down on CNBC.  Check out the comments following Joe “Terrible” Terranova’s segment on Fast Money in which he broad brushes the tech sector based on DELL’s lackluster earnings.  HooHaa….

    http://www.cnbc.com/id/47557682

    Interestingly he is long AAPL - 534 was his entry point and is still long.

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    Keep Calm and Carry On

         
  • Posted: 25 May 2012 08:49 PM #12

    Faceplant just got slapped with another IPO lawsuit.  This could be good for Apple on Tuesday, if the correlation holds (FB down; AAPL up).

    http://www.bgr.com/2012/05/25/facebook-ipo-lawsuit-class-action-zuckerberg/

         
  • Posted: 25 May 2012 08:56 PM #13

    Mercel - 25 May 2012 11:49 PM

    Faceplant just got slapped with another IPO lawsuit.  This could be good for Apple on Tuesday, if the correlation holds (FB down; AAPL up).

    http://www.bgr.com/2012/05/25/facebook-ipo-lawsuit-class-action-zuckerberg/

    Wow, and we all know how well Jesse Eisenberg, oh wait, Mark Zuckerberg does with lawyers….total a**hole.

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    Keep Calm and Carry On

         
  • Posted: 25 May 2012 08:59 PM #14

    Phoebear611 - 25 May 2012 11:56 PM
    Mercel - 25 May 2012 11:49 PM

    Faceplant just got slapped with another IPO lawsuit.  This could be good for Apple on Tuesday, if the correlation holds (FB down; AAPL up).

    http://www.bgr.com/2012/05/25/facebook-ipo-lawsuit-class-action-zuckerberg/

    Wow, and we all know how well Jesse Eisenberg, oh wait, Mark Zuckerberg does with lawyers….total a**hole.

    He is rather PRICK’ly, isn’t he.  Maybe Spongie wants to be anointed lead plaintiff with his 20 shares.  That would be cool.  LOL

         
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    Posted: 25 May 2012 10:53 PM #15

    Mercel - 25 May 2012 11:49 PM

    Faceplant just got slapped with another IPO lawsuit.  This could be good for Apple on Tuesday, if the correlation holds (FB down; AAPL up).

    SNIP…........

    Maybe Spongie wants to be anointed lead plaintiff with his 20 shares.  That would be cool.  LOL

    HAHAHAHAHAHA ..............  that’s too funny!    LOL

      cheers (including Spongeman)
        JohnG

    [ Edited: 25 May 2012 10:57 PM by johnG ]