Seeking Alpha
  • realornot
    $AAPL will disappear below the $450 horizon!
    2/19/13
    Reply (39)
    • C. Guivi: forget it. today intraday reversal, nice triple bottom!
      2/19/13
    • realornot: forget about it. This stock is looking to tip itself down. Not wasting my bullets to play it.
      2/19/13
    • cervajo: $AAPL what do you mean?
      2/19/13
    • realornot: meaning is still heading lower. Not a buyer. Will wait for maximum low to buy.
      2/19/13
    • XRTrader: Eh, AAPL still seems to be in a channel uptrend - see nice chart here: http://bit.ly/XsfISz
      2/19/13
    • XRTrader: Also oversold after 5 down days. Trading around my position by adding April calls ($470)
      2/19/13
    • realornot: channel has yet completed. Don't get too excited. More selling to come.
      2/19/13
    • C. Guivi: probably not. Don't you think it's a little bit too easy? Everyone expects AAPL to go down and it just goes down? Easy money 4 all...? :-)
      2/19/13
    • realornot: vice versa, ppl were saying it has been bottomed and look it is not.
      2/19/13
    • C. Guivi: I don't think people said it bottomed...they rather said it could bounce before it goes down further...
      2/19/13
    • Marky82: Just wait until China Mobile deal or other new product launch from $AAPL. Let's see if you still scream for sell on $AAPL.
      2/19/13
    • andyk80: XR you need to look at charts in a bigger time frame. That short term uptrend and long term downtrend will converge by the end of the week.
      2/19/13
    • andyk80: If the short term uptrend wins and we break out of long term downtrend I turn bullish. Bearish until then.
      2/19/13
    • andyk80: If short term uptrend breaks and long term downtrend holds we are probably headed for new lows.
      2/19/13
    • andyk80: That short term uptrend looks like bear flag to me.
      2/19/13
    • realornot: andy: glad, you are seeing it. I will come in at maximum low like the last time. Now, forget about it.
      2/19/13
    • andyk80: http://bit.ly/WMUZJi
      2/19/13
    • C. Guivi: great chart, there's a LOT converging!
      2/19/13
    • realornot: andy: they will not believe or listen to us. They think we want to short this stock and give negative ad campaign.
      2/19/13
    • C. Guivi: wtf? I just want to save you from losing money!
      2/19/13
    • andyk80: Real: It's okay. Everyone sees something different and in the end there are winners and losers. This is why I love the stock market.
      2/19/13
    • andyk80: Nobody wins them all.
      2/19/13
    • XRTrader: Certainly u all could b right. I've misplaced my crystal ball. But, so has the trader who bought 70k shares @ 459.99 in last minute today.
      2/19/13
    • XRTrader: Nice action today after it hit early lows. Agree with Andy above - action to confirm new uptrend vs bear flag will be important.
      2/19/13
    • realornot: I just wait patiently to make my entry with this one. Plenty of time.
      2/19/13
    • robertpen2010: Real & andy: Apple is in the up trent. You didnt look carefully. Save your money. Big good news coming out soon for apple.
      2/19/13
    • realornot: save our money for what??? We don't see it is a buy yet. You should save your bullets. Don't waste your ammo!
      2/19/13
    • robertpen2010: $470 soon
      2/19/13
    • robertpen2010: did you see google is on the downside in stead of Apple? I think Apple will be $470 by this week.
      2/19/13
    • andyk80: I'm holding March puts from last Monday. I stop out above downtrend line and go bullish.
      2/19/13
    • andyk80: And Google is not in a downtrend. Banking on Feb and March calls since earnings. $GOOG going much higher. Another 10% upside.
      2/19/13
    • andyk80: Robert: Maybe we will hit $470 tomorrow before bear flag confirming Friday. We can both be right.
      2/19/13
    • realornot: robert: What are U talking about? $GOOG is not on a downtrend. Man,shake your monitor. I hv been on it so u hv no idea wat is up/down trend.
      2/19/13
    • C. Guivi: yep, I have no problems with a bear flag right now because it'd go up first from here. Am I missing something about Friday...?
      2/20/13
    • C. Guivi: ...no that I think that the bear flag will break to the downside anyway, but...
      2/20/13
    • jamesingram32: yip, I bought at 506, and again at 470. That chart looks depressing in the short term, esp with the premarket moves this morning
      2/20/13
    • jamesingram32: although the stock seems to battle it's way up from the start of the day to the end at the moment, and fall after/pre hours
      2/20/13
    • jamesingram32: I hope...
      2/20/13
    • jamesingram32: mind you, what has logic got to do with this stock or many others at the moment?
      2/20/13