AAPL announcing split tomorrow?
--------------billy
Apple looks good!
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Marty's view for today
Seriously, look at the chart posted in the link! River
Really? 9 out of 10 S&P 500 stocks now have a positive Strength level?
The actual percentage of S&P stocks with positive Strength was 90.4% at the close on Friday.
This is the third time since January 4th. that this level has appeared ... see today's posted chart. Actually, the previous two had percentages of 90.8% before stopping. So Friday's level is the third time it was getting close to the 90.8% level.
What is one way of describing 9 out of 10 stocks with positive Strength? The answer is "Overbought".
Please click on the link below for today's complete update and CHART:
Honest, hands-on market-timing education. Learn how moving averages, RSI, seasonality and sentiment really behave — with interactive tools that show you the signals, the whipsaws, and the cost of getting the timing wrong.
Regards,
Marty Chenard
StockTiming.com
200 Freedom Trail
Morganton, NC 28655
>Tel: 828-296-1200<
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One thing for sure, billy, is that the market is always changing. We have to keep a finger on its pulse. I believe that there are a lot of short term speculators in the market now, a "pump and dump" mentality. Many have been clobbered by "buy and hold" in the recent past. The pendulum swings to extremes and always reverts to the mean.
Tim
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I've never heard an explanation for the high prices for PCLN, ISRG, or Chipotle. Is there a small float of shares available for these?
-------------------billy
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And I remember owning shares of NFLX at $10.00 per share. I definitely did not look to the future. Good lesson learned.Originally posted by em26jamie View PostAnd NFLX up 42%? Wall St is broken.
Would you rather own a company that made $13/share in the qtr, or one that made 13 cents?
NFLX made $8M yet gained $2.3B in mkt cap.
AAPL made $13B and lost $59B in mkt cap.
Go figure.
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And NFLX up 42%? Wall St is broken.Originally posted by billyjoe View PostLouetta, Good luck with AAPL. Can anyone explain GOOG at 750 and AAPL at 450? I guess market doesn't have to make sense.
----------------billy
Would you rather own a company that made $13/share in the qtr, or one that made 13 cents?
NFLX made $8M yet gained $2.3B in mkt cap.
AAPL made $13B and lost $59B in mkt cap.
Go figure.
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I was an avid reader of IBD back then. About that time a very large, somewhat boisterous man began trumpeting his stock picking system in the IBD forums, at least implying it was better than O'Neil's, much to the irritation of the IBD regulars. Had to take a look at his site and am still here.Originally posted by billyjoe View PostLouetta, Good luck with AAPL. Can anyone explain GOOG at 750 and AAPL at 450? I guess market doesn't have to make sense.
Louetta, you must have been a toddler if you joined Mr.Mkt. forum in 2003.
----------------billy
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Louetta, Good luck with AAPL. Can anyone explain GOOG at 750 and AAPL at 450? I guess market doesn't have to make sense.
Louetta, you must have been a toddler if you joined Mr.Mkt. forum in 2003.
----------------billy
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Earnings in a few minutes. Is this a new beginning or the beginning of the long decline?
-----------------billy
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Interesting. Bought a $450 call today.Originally posted by billyjoe View PostThe end of an era as I sold all my AAPL today for a gain of 242%. Have a lot in cash now watching to see what turn the market makes.
---------------billy
Three months later, this is perhaps the worst trade I made all year.Last edited by Louetta; 01-24-2013, 10:13 AM.
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The end of an era as I sold all my AAPL today for a gain of 242%. Have a lot in cash now watching to see what turn the market makes.
---------------billy
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