I was about to say doesn't TVIX NOT control off of people buying and selling? It's a direct tracker of the market just with higher volatility.

Dolphin what do you think about my $660 Jan 2014 AAPL call? ($30 already at $32.58)

I think it can get there. One of the big keys will be iTV or whatever they call it.

Apple is coming out with a tv, but they key is if they can revolutionalize how we watch tv.

As for your ? Big earn. I own roughly 1/6,196,000th of the company.


As for silver, I don't see a path much higher right now. That strong run up where we tested 50 has really affected the market. Margins were a part of it but a Lot of people got burned buying silver in the 40s. I certainly don't see silver as cheap right now. It has a floor around $20. It's just very hard to peg because that last big move was purely speculative. In other words I don't know. I told Dyzalot yesterday. 60 percent chance its higher in 5 years, 40 percent chance it's lower. But the swings could be vicious either way

I'm like that teacher in school that tricks you into studying

:)

If I could have invested the wife's 401k I'd probably have a few hundred more shares.

shit's getting ugly over there now - riots and fires in the streets. Difficult day for greek politicians.

And this is happening before the vote. I'd hate to be there after the vote.

Well, Greece is out of the way (for now anyways), next up, Italy and then that's when shit is going to get real for Europe.

Oct. 18, 2011

 

Originally Posted by dolphin13

Buy Apple stock. Watch it go to 500. Used proceeds to buy next iPhone and pay your cell bill for a few months

 

Originally Posted by The Precedent

Shares of Apple fell 7 percent in extended trading on Tuesday, wiping some $27 billion off the value of the world's largest technology company.

 

Originally Posted by dolphin13

Oh it's still going to 500. In fact you're getting a great buying opportunity if you didn't yet buy. You can buy a stock that's going to 500 for 395 instead of buying it at 422.

iPad3

iPhone5


iTV tho

 

Originally Posted by Zien50

Dolphin, (or anyone for that matter) do you have a trailing stop on AAPL? Where is it if so? Feels like there has to be a pullback at some point. Would like to protect gains and be able to rebuy after the dip

Nah. F that shit. The only time I almost sold apple was before the third quarter results. I really felt earnings were going to disappoint because there was no new product in the fourth quarter and there was an imminent release of iPhone4s which kept iphone4 sales down. Apple is usually good about product cycles. They were releasing iPads late march and iPhones late June so you have quarter 1, 2 and 3 covered really well. Then 4th q takes care of itself even with no new product. That cycle changed last year with iPhone being moved to Oct. so the weak 3rd q was made up for by a monster gigantic 4th q that would make Eli Manning jealous. Will be interesting to see how things get released this year.

I expect ipad3 late March and then either iphone5/6 or iTV end of June followed by the other one late Oct. I wouldn't worry if there is a retracement to 480 or anything. Just hold and forget about it till I tell you to sell ;)

Let's keep this party moving.

Don't think we see a pullback till 525 or so

Fucking market is ridiculous. Retail sales werent that great but oh.. Greece has a LOI (letter of intent) to hand over that they are going to follow the strict austerity rules so they can get bailout money.

When are people going to realize Greece can't be saved and to get this shit over with?

based on the market activity, it looks like we want a correction - one would have thought with the situation in Greece getting settled and talk of China offering support, plus positive news in USA numbers, we would be making another move up - but we're not. Maybe just a pause b/c we've run so good since mid December.

I don't get it. You guys 'feel' and 'think' aapl is reversing. why don;t you sell and buy at a lower price? or do you guys have no idea what you are doing?

 

Originally Posted by dolphin13

?

Zien, BigEarn is also good at doing this (with other stocks)....

not you reincarnation of steve jobs.

BTW I own apple in of my funds, and I think that this stock is not going to retract anytime soon.

Zynga getting blown up today.