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Post by jacksrbtr on Jan 7, 2015 20:56:20 GMT -5
Nick of ITMS saying if AAPL takes out that 104.63 on a close its potentially headed to 90 and THATs where to BUY BUY BUY!!!
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AAPL
Jan 7, 2015 21:56:07 GMT -5
Herceg likes this
Post by maxi on Jan 7, 2015 21:56:07 GMT -5
APPL?U talking about AAPL when the f'g futures are up 15 points? LOL I miss the time when this board was alive. Oh well. Glad I got to know you guys when I could....
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Post by jacksrbtr on Jan 8, 2015 7:29:40 GMT -5
Sooooo...yer telling me I'm a dead man? Let me check my pulse - shit I can't feel anything.
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Post by huh on Jan 8, 2015 7:35:13 GMT -5
AAPL makes up a large disproportionate amount of the Nasdaq, and Nasdaq has been the leader of the other indices. Also, AAPL is one of the best (if not the best) performing large caps of the last year - an area that over the last few months at least has not been so hot. IMHO, if you're concerned about overall market direction and you're not watching AAPL, well then, you're not concerned about overall market direction. If you are wondering why we're not excited about futures popping big overnight, it's because we already expected it... Feels like a washout right here. Should put in a ST bottom today. If not.... The next drop could be one to remember IWM hitting a H&S target now. Let's see if market can't reverse (last major bottom was on a Tuesday). Need IWM over 118.00 now - even if it has to morning gap over it to get there. But as you stated, if no bottom today, then the next drop will be one to remember. Keep an eye on TLT. Testing yesterdays low (and filling the gap). Would expect it to overshoot some. Also looks to be building a potential H&S - and guess what the target would be if confirmed... ... TLT ... Would now expect it to at least backtest the breakout area ~127.70's. Only a coincidence? (I think no) Let's rally! If this is a Turnaround Tuesday pivot, would expect a gap up tomorrow (and that gap to go unfilled for a bit). Lost the 2001.50 support yesterday, but did at least hold it into the close. SPX futures up around +15, so getting the anticipated bounce. I do still hope for a Wed-Fri rally. The first major SPX resistance is 2021.25. If it can somehow manage to break over that, the FIB resistances for this entire down move are 2043.50, 2055 and 2070. Each of these are now major resistances, and only >2070 would I dare hope for new highs. But first things first...need to see if this gap up can even hold. Based on the previous bottom pivots at least, I think it can. Though one of these will fail ... someday. 2043.50 next. Depending on how it gets there, might get a shot yet at that 2068-2070 resistance as well... ...
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Post by huh on Jan 8, 2015 7:45:49 GMT -5
Of course there's all those things, but most importantly, the reason we didn't get all excited about the evening futures is because a certain user here who goes by the name maxi taught us all very well to never, ever get too excited about what happens in AH's. And I remember that every single time I see futures moving big.
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Post by jacksrbtr on Jan 8, 2015 7:51:08 GMT -5
Excited?!
I got excited yesterday when I found a box of vintage Lionel F-3 diesels I forgot I had with: - 2 more Santa Fe AA units one w/ a B-unit - a Grand Central AB - a New Haven B-unit - a Virginian FM unit - an operating milk car, and - 3 B&O ore cars!!!
That's around $3K worth right there I could buy more Continental for my grand kids!!! Whahoooo!
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Post by maxi on Jan 8, 2015 14:48:37 GMT -5
I was just lonely! LOL..... Wanted someone to be goofy with. I miss having a small group that is very active. Twitter and Stocktwits have taken over the trading universe. Stocktwits is complete dreck tho. Twitter is ok.
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Post by huh on Jan 8, 2015 15:43:46 GMT -5
I was just lonely! LOL..... Wanted someone to be goofy with. I miss having a small group that is very active. Twitter and Stocktwits have taken over the trading universe. Stocktwits is complete dreck tho. Twitter is ok. I feel the same. I feel like all my friends have shunned me! Like i have some only-over-the-internet VD or something. LOL ST has way too much noise. And the only replies I usually get is attacks on a call, and of course only silence when that call turns out to be correct. People there are way too momentum driven. If the market/stock is rising (or vice-versa) everyone of course called it and you better not say anything contrary to it's current direction. Even the best traders there simply flip-flop and act like they were right the whole time, even when they weren't. Drives me nuts and I stopped posting there all together. I should perhaps give Twitter another look. Used it a few times for those Bitcoin topping calls when it was up around 1000, but never got a single reply or like. Was no point in spending the time.
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Post by maxi on Jan 8, 2015 18:06:09 GMT -5
I was just lonely! LOL..... Wanted someone to be goofy with. I miss having a small group that is very active. Twitter and Stocktwits have taken over the trading universe. Stocktwits is complete dreck tho. Twitter is ok. I feel the same. I feel like all my friends have shunned me! Like i have some only-over-the-internet VD or something. LOL ST has way too much noise. And the only replies I usually get is attacks on a call, and of course only silence when that call turns out to be correct. People there are way too momentum driven. If the market/stock is rising (or vice-versa) everyone of course called it and you better not say anything contrary to it's current direction. Even the best traders there simply flip-flop and act like they were right the whole time, even when they weren't. Drives me nuts and I stopped posting there all together. I should perhaps give Twitter another look. Used it a few times for those Bitcoin topping calls when it was up around 1000, but never got a single reply or like. Was no point in spending the time. There are a few real traders on twitter, at least that I have found. And of course the biotech crowd many of whom in fact prolly most have no science backgraound or knowledge they just chase momo. The more of the market insane biotech gains I see ( my own w/ NERV but MANY others) the more it looks like the tech bubble of the 2000's. Every freaking day stuff goes up over 25 percent. a five percent gain is crap now... lol....
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Post by novie08 on Jan 8, 2015 18:15:33 GMT -5
I was just lonely! LOL..... Wanted someone to be goofy with. I miss having a small group that is very active. Twitter and Stocktwits have taken over the trading universe. Stocktwits is complete dreck tho. Twitter is ok. Totally agree Maxi. Not that the guys left aren't just fab, but it was so much more interesting with the debates going on constantly. Of course, the lack of chatter may have saved me some money...
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Post by jacksrbtr on Jan 9, 2015 15:03:51 GMT -5
I was just lonely! LOL..... Wanted someone to be goofy with. I miss having a small group that is very active. Twitter and Stocktwits have taken over the trading universe. Stocktwits is complete dreck tho. Twitter is ok. I feel the same. I feel like all my friends have shunned me! Like i have some only-over-the-internet VD or something. LOL ST has way too much noise. And the only replies I usually get is attacks on a call, and of course only silence when that call turns out to be correct. People there are way too momentum driven. If the market/stock is rising (or vice-versa) everyone of course called it and you better not say anything contrary to it's current direction. Even the best traders there simply flip-flop and act like they were right the whole time, even when they weren't. Drives me nuts and I stopped posting there all together. I should perhaps give Twitter another look. Used it a few times for those Bitcoin topping calls when it was up around 1000, but never got a single reply or like. Was no point in spending the time. "I never had VD - and I never wanna have it AGAIN!" (the aforementioned attributed to one of my old bosses, former Capt of Seal Team 6, USN, when I was in counter-terrorism.)
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AAPL
Jan 15, 2015 11:40:31 GMT -5
Post by novie08 on Jan 15, 2015 11:40:31 GMT -5
Moving toward that 104.63...watching closely as this was my biggest winner in 2014 which says ALOT about my trading!!!
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Post by huh on Jan 15, 2015 11:47:10 GMT -5
If it were to get there, why I like the 101 area in AAPL - FIB & possible channel supports ... and right below that gap support & 200dma. But I'll be watching where the S&P is with it's targets as well.
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Post by novie08 on Jan 19, 2015 21:18:09 GMT -5
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AAPL
Jan 20, 2015 16:16:19 GMT -5
huh likes this
Post by novie08 on Jan 20, 2015 16:16:19 GMT -5
Squeeze today...just cannot seem to hit my lower targets, been trying for many weeks now.
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Post by huh on Jan 22, 2015 12:08:05 GMT -5
AAPL testing that top trend line again. If this was/is to be a bull flag, would have expected one more tap of the bottom ~101. Instead, it's more likely to altogether fail now. (and that would mean back to October lows)
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AAPL
Jan 22, 2015 12:23:45 GMT -5
Post by novie08 on Jan 22, 2015 12:23:45 GMT -5
Let's hope.
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AAPL
Jan 22, 2015 12:25:03 GMT -5
Post by huh on Jan 22, 2015 12:25:03 GMT -5
I'm hoping. Breaking out now, let's see if it fails by EOD.
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AAPL
Jan 22, 2015 15:55:17 GMT -5
Post by huh on Jan 22, 2015 15:55:17 GMT -5
I was sure wrong on that one.
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AAPL
Jan 27, 2015 8:45:13 GMT -5
Post by huh on Jan 27, 2015 8:45:13 GMT -5
If it can get that low, AAPL would backtest the potential bull flag a little under 111 today.
Keep in mind though, there are signals that the flag might fail and, if it does, we may all finally get that buy point we've been waiting for.
AAPL reports earnings tonight.
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