Homer II

Wall Street Breakfast: Must-Know News

Obama has a double standard.. it is not OK for people in the business world to be generously compensated for a job that they work hard at and contribute some value to. But is IS OK for his wife to make $317,000 a year for a 1/2 time job at some Chicago Hospital and provided NOTHING of value to!

Amazon Gaining Share on iTunes

All you clucks who purchase media content from anywhere are fools. There are electronic sources all around you for music, video, anything else, which can be had by a F R E E download, no questions asked. And, don't try laying a guilt trip upon me for IP theft.. those DRM turds who steal from the authors of the media are your true thieves

Tech Won't Lead Markets Out of Bearish Pattern

What is it with you Apple disciples?! If anyone writes sensible market observation or T/A regarding this company in a less-than positive slant, you all come out of the weeds and BASH the writer! A.S., brewer, ironpants.. sheesh!

This is still a consumer DISCRETIONARY product company, don't forget. People do not NEED expensive iPhones nor iPods, nor powerbooks, nor macbooks. We are in a serious recession here; unemployment is growing. The longer this lasts, the less people will buy expensive toys, when cheaper ones are available (ie: Centro, Sansa, Dell/HP PCs). Anyone can buy TWO of the latter lot and still have change left over compared to purchasing ONE of Apple's counterpart products. get real!

and brewer, you should know what an inverse hammer is.. you have posted here a few times.. When it occurs during an upward trend, it means the market is going to turn or reverse.
It is a BEARISH REVERSAL pattern in candlestick charting language, and the trend the last 6-8 trading days for AAPL is up.. therefore, the appearance of the hammer (or Shooting Star as it is correctly known as in original Japanese charting ) indicates that the trend is quite likely to reverse or turn DOWNWARD. Apple is hanging on to the current levels ($80-$100) by their fingernails, literally. They are in a declining wedge pattern, and today, we saw a Shooting Star put up. BAD NEWS!

If you are long AAPL, you might want to watch the early action Monday, preparing to lighten up when the confirmation signs appear.

The Bull Run Begins This Week

Wow.. the "Obama Factor" was at work today, huh?

If the Dow is down 332 on on his FIRST DAY (OK, 1/2 day),
then I sure don't want any of this kind of "factor".

Five Apple Predictions for 2009

On Dec 17 05:02 PM BurkPhoto wrote:

> Apple is like an iceberg...

I would prefer to think like, "Apple USERS are like the TIP of an iceberg" ..sitting in the nice warm sunshine enjoying their toys, while the other 6/7ths are all under water literally.. and the berg is entering the warmer waters of the sea, melting away.

Five Apple Predictions for 2009

On Dec 17 11:00 AM winindthedust wrote:

> People that want to buy quality, are now going to Apple. The distinction
> is quite clear.

"now going" is obviously a very short term trend, as more consumers are reining in their frivolous expenses... which inexorably means fewer sales for AAPL.

Is the Microsoft Empire Cracking?

Alex,

I agree with your premise that M$ is cracking.. but you completely missed the biggest problem they face.. losing market share ex-US.. the rest of the world is and has moved to Linux. The developed world no longer tolerates the M$ license bullying and the emerging market countries cannot afford the licenses for their millions. When the rest of the world all uses Linux, they WILL dictate that US governments, businesses conform, as the world's user numbers will absolutely dominate.

it is just a question of when, not if.

Stocks Will Continue to Erode In This Busted Economy

Alan,

Nice piece.. well stated.

This financial decline is very likely to persist for substantially longer than many realize yet. Many equities with less than strong balance sheets may decline precipitously from here even. As we languish in this long slow period, consumer spending will dry up for most discretionary items. That hits AAPL in the solar plexus.