Echo To All

Apple and Google: Changing My Mind

I don't know if this is the best strategy, but it has worked for me very well...

i'm a chart guy, so i think i have a good understanding when an equity is really oversold. And when the oversold condition is near a price I am willing to pay for the stock, I sell the puts at a strike I am willing to buy the stock.

For instance with at the moment with GOOG, it is not oversold, and it is hitting the 85sma resistance.

once oversold sell ur puts (or its at a level ur willing to pay for the stock). I stick with short-term options when selling (to benefit from time decay), so I would use the March puts. Assume ur buy price of GOOG is 290. Sell the 280 March Puts. If a hedge is desired, sell the 330 March calls (or a strike your comfortable with, that will not exercise and can provide a hedge)

being a chartist I would (and have) purchased puts (330 march) today, as it reached the 85sma resistance, and when (if) it approaches the target price of 290 with an oversold condition, sell the 280 puts. (possibly keeping the purchased puts as a hedge to the sold puts)

(I primarily use my charts to dictate when to enter/exit, and utilize options based on my understanding of the charts. so i may not be giving the best option strategy via strike prices versus stock price.)

hope this helps

Can You See Apple Under $60?

a lot of the new negativity for the stock market is coming via the CDS spreads.

and the CDS spreads are saying BRKA has more of a chance of going bankrupt vs MS. this very observation is, imo, a clear indication the CDS market is too easily manipulated, and can not be trusted. But when u see BRKA achieving such spreads, the CDS market is simply wrong or manipulated to achieve a perception.

if u r lucky enough to see apple at 60, it will be there for literally a second before major major buying takes place, seeing how it will be trading half its cash value. probably ending back at 80 within days.

Apple Investors: Fasten Your Seatbelts, Put On Helmets

why can't u just say ur shorting AAPL because it is a proxy to the markets?

instead u try to justify ur short by wordy arguments and connecting unconnectable dots... and the icing on the crappy cake is this statement... "traders know they can bring AAPL down to do their bidding, and so they will."

Can Apple Withstand the Financial Sector's Fall?

After reading the article I do not understand why your short AAPL? Is it based solely on the new iPod line? Is it because the Mac is taking too much market share? Is it because the iPhone 3G will mostlikely crush original expectations? Is it because AAPL is still a few steps a head of everyone? Is it because the new Macs have not be revealed yet? Is it because everything about the company is already known, despite their track record of beating those known expectations?

I don't get it. Now if u were to say u are short because the bad chart and negative market sentiment, then I understand. But to sell a short position due to the fundamentals of the company... well that is just crap.

Does the Market Understand Apple's Leopard and iPhone Strategies?

the stock is near its high and well priced... so yes, the street understands a lot about Apple's future.

iPhone: Apple Making All the Wrong Moves

I'm affraid the current demand for the phone is already proving you wrong. Also, verizon was offered the phone first, and should have took it. They made the wrong move.

revolutionary phones, that tie in an true ims world are hard to come by. RIMM is close, but not there yet.

"When entering a new business, it is not really a good idea to strut in and tell folks who have been doing it for many years how much better you are than them and why you are going to dictate what they can or cannot do."

A correction to this... the reporters reporting the event stated he did this. Apple is not arrogant, they just know what they have (whether it be music distribution, Computers or electronics), and what they have are highly desireable... so they are able to leverage that desire with in their negotiations. This can not be confused for arrogance. They are not the same.

Apple TV: Arriving Just in Time to Give Consumers What They Want

completely agree with you sentiment toward its potential, but...

"In my view, cable companies like Comcast and Time Warner and TV-deploying telcos like Verizon and AT&T are going to be hurt the most by this Apple's new entry into the living room. "

I think this will truly happen when/if AppleTV always for streaming off the web. If AppleTV can work w/ companies like Joost, (obviously) YouTube and live programing to stream ad empeded content into the big screen w/relatively good quality.

those willing to break from the current subscription model and understand the cost benefit of a la carte pricing will cable's first victims. (but those who like their ESPN and want to watch live TV must keep their subs for now.)