Weekend Updates

  • Posted: 19 August 2012 05:07 PM #136

    I need another $10 in share price to regain my ATH due to my experience with short term calls in July.  Never, never again.  But I’m certainly grateful for the chance to regain it and am positioned to do so (currently 85% invested).

    I currently do not own any calls that expire this side of Jan 13s, the bulk of my positions are concentrated in Jan 14 LEAPS.  All ITM calls.  Let’s see $700.

         
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    Posted: 19 August 2012 05:13 PM #137

    I’m all APR’13 and JAN’14.  And I’ll see your “never, never again,” and raise you an “again!” wink

         
  • Posted: 19 August 2012 05:15 PM #138

    lovemyipad - 19 August 2012 08:13 PM

    I’m all APR’13 and JAN’14.  And I’ll see your “never, never again,” and raise you an “again!” wink

    Well, I may swing trade a few Octobers Lovey but not with 100+ contracts.

         
  • Posted: 19 August 2012 05:18 PM #139

    lovemyipad - 19 August 2012 08:13 PM

    I’m all APR’13 and JAN’14.  And I’ll see your “never, never again,” and raise you an “again!” wink

    I’m also looking to stretch some of my Jan 13s out into April.  That’s a great mix, April 13s and Jan 14s.  They should print money.

         
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    Posted: 19 August 2012 05:28 PM #140

    Mercel - 19 August 2012 07:43 PM
    Mav - 19 August 2012 07:37 PM

    Are we talking MACD-h?  The standard setting showed
    -0.17, which isn’t quite there.

    This one:  :-D

    BWAHAHAHAHA!

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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: 19 August 2012 05:29 PM #141

    adamthompson32 - 19 August 2012 07:59 PM
    Mav - 19 August 2012 07:33 PM

    Confirms?

    I didn’t see a confirmation.  I saw something very close to one.

    But as far as trend, nothing suggests AAPL is tapering off anytime soon.  I wanted to see if AAPL would break 647 in the final minutes.  It did and the volume seemed to be there.

    I can confirm the uptrend. My stock account is at all time high. It’s 95% AAPL. AAPL is going up. No chart needed.

    I hereby put AT on ignore!

    Aw crap.

    Signature

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

         
  • Posted: 19 August 2012 05:34 PM #142

    JDSoCal - 19 August 2012 07:09 PM
    Phoebear611 - 19 August 2012 05:40 PM

    I just noticed that AMZN’s PE is 295.  I am just blown away.  Is this an all time high or has anyone seen this higher.  I just don’t get it at so many levels.

    It should be clear by now that P/E’s have little if any effect on individual stock prices. Looking for pricing “fairness” on this basis may be looking for patterns where they don’t really exist.

    This is why a split may be good - people are just freaking stupid when it comes to stock pricing.

    Two things: Great movie; stock splits don’t change PE/ISMs, or make stupid people smarter.

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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.

         
  • Posted: 19 August 2012 05:35 PM #143

    Here we go again, will it be 15%,30%, or dare I say 50% this time?  For those that aren’t savvy enough, this is a chart of aapl appreciation after hitting new ATH’s for past 2 years.

    [ Edited: 19 August 2012 05:40 PM by v10king ]      
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    Posted: 19 August 2012 05:36 PM #144

    No way I’m doing this math:

    http://en.wikipedia.org/wiki/MACD

    Hey iPad, can you bring up 12- and 26-day EMA on your charts pretty easily?  I know that MACD-h is just simple subtraction, but maybe those two lines will tell the story better on a weekly chart.

    Signature

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

         
  • Posted: 19 August 2012 05:41 PM #145

    v10king - 19 August 2012 08:35 PM

    Here we go again, will it be 15%,30%, or dare I say 50% this time? 

    Even 15% puts us over $700 smile

         
  • Posted: 19 August 2012 05:44 PM #146

    AppleDoc - 19 August 2012 08:41 PM
    v10king - 19 August 2012 08:35 PM

    Here we go again, will it be 15%,30%, or dare I say 50% this time? 

    Even 15% puts us over $700 smile

    All aboard!!  8-)

         
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    Posted: 19 August 2012 05:45 PM #147

    Sorry, not following v10.  Where are you measuring the upticks from?  This a take on measured moves?

    Trend/lines are always tricky because it seems like you can measure from anywhere.

    Signature

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

         
  • Posted: 19 August 2012 05:50 PM #148

    Mav - 19 August 2012 08:45 PM

    Sorry, not following v10.  Where are you measuring the upticks from?  This a take on measured moves?

    Trend/lines are always tricky because it seems like you can measure from anywhere.

    Look at the periods shaded in blue, they start with AAPL at a new ATH and continue until AAPL tops, then there is the white area which marks the consolidation period, once the new ATH is breached again you see another period of extreme growth.  We just made a new ATH and are starting a blue section.  If the previous pattern held, it would prob be 5-8 months of marking new ATH’s until we pull back and consolidate again.

         
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    Posted: 19 August 2012 05:52 PM #149

    So this is kind of a MM theory.

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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: 19 August 2012 06:16 PM #150

    Slightly green on the Nikkei over 9100, at 6:15 a.m. Tokyo time.  Its been a while since we’ve seen 9100.  The general trading range for the Nikkei has been 8300-10300.