Aapl

[phobophobia]

Good action, but your's is not a race.

When I backtest buy/sell methods against buy and hold, generally I find holding less profitable. Take MSFT. Invest 10,000 late May, 2000 and hold through today would result in a $860.00 loss. Using a simple MACD crossover trading method during that period would rendered a profit of $11,700. Let the Fed take their cut and you are still better off. Of course in a raging bull maybe holding is fine. But in this market even Warren is having trouble.

Trading styles make a market. Good luck tomorrow.

I'd rather not pay all the money in commissions, taxes and time--which is quite valuable, in fact. If a stock is stagnant or slightly going down, you are (obviously) going to have to use a trading style to your advantage in order to make money, I realize that. I just feel that most people are wasting their time trying to learn all of the intricacies of indicators and statistics. Their proficiency with numbers didn't necessarily protect them during the tech crash, and it won't protect them during the next crash.

All you need to succeed in the stock market is sufficient capital, patience, knowing that all markets have cycles, and knowing what you are investing in very well.

[phobophobia]

Please read the whole thread before you make ill advised statements.

So you've made more than 300% on the stock with a lowered tax rate then? That's right: didn't think so.

[aggredior]

Phobo,

I'm not arguing against your investing style. IMO, it is hard to find campanies you can park your money in this market. I bottom fed on PFE near its low and will hold until it gives me a reason to sell--hopefully it will take a year. But, in general, swing trading has been more profitable for me.

There was an interview with a tech fund manager in Real Money or The Street that mentioned AAPL. You might want to read it.

[phobophobia]

Phobo,

I'm not arguing against your investing style. IMO, it is hard to find campanies you can park your money in this market. I bottom fed on PFE near its low and will hold until it gives me a reason to sell--hopefully it will take a year. But, in general, swing trading has been more profitable for me.

There was an interview with a tech fund manager in Real Money or The Street that mentioned AAPL. You might want to read it.

You should never park your money, which is what typically happens with 401K plans.

My money isn't parked, it's in easily one the fastest growing large cap companies that offers key products its competitors can't touch. Articles and fund managers have bias, there is very little reason to take them seriously. If I felt that Apple's stock price wouldn't continue to rise I would sell.

My "investing style" is to make the most money with what's available to me. (Equities, no margin, no options). Considering AAPL was the #1 S&P 500 stock last year--and is likely to reclaim that title this year--I think I've executed my investing style pretty well.

[Runner]

I wonder if AAPL is trying to start another up trend

Still bullish off the 33.11 MSL

[Runner]

what the AAPL is going on here?loloo

[phobophobia]

what the AAPL is going on here?loloo

Yeah, I was happy about today's movement--especially because I loaded up on stock before it went up.

[mtm]

Take it while you can get it. JMHO

[phobophobia]

Take it while you can get it. JMHO

It's hardly humble--it's obnoxious.

[mtm]

It's hardly humble--it's obnoxious.

Please!!! Has put you on Ignore!

[spikefader]

come come gentlemen........ this is a happy place.

Back to AAPL, a couple simple thoughts on the weekly:

[New-born baby]

It sure is

come come gentlemen........ this is a happy place.

Yes, this is a happy place because everybody here is working to help everybody here. And that means dissenting opinions are welcome, because we are looking for the Truth.

Beautiful chart, Spike. And the market may help the short.
I think today's market may take a downturn. We've had a nice run, and the QQQQ's Jun $39 calls are selling for a whopping 15 cents. Nobody believes she's going to run up much past $39.

[skiracer]

I haven't agreed with MTM on too much in his posts of late but I have to say that, "take it while you can get it", is where my head is at. Certainly don't let any big gains get away once they are in your pocket. Doing that is only a waste of time and money. Money you can always replace but you can never replace the time lost. So spend it as wisely as you can.

[spikefader]

Yes, this is a happy place because everybody here is working to help everybody here. And that means dissenting opinions are welcome, because we are looking for the Truth.

Yep, exactly right. Opinions are like ......well ........... hats, yeah, that's it! , everybody has one, and it's best if we don't get overly sensitive about opposing ones Mr. Phobo, lest we get accused of being overly sensitive and the ignore feature, I thought, was used in extreme cases Mr. mtm
Anyway, that my 2 ticks worth. Long or short, let the opinions flow, and the emotions kept in check. Emotions + trading = evil

Beautiful chart, Spike. And the market may help the short. I think today's market may take a downturn. We've had a nice run, and the QQQQ's Jun $39 calls are selling for a whopping 15 cents. Nobody believes she's going to run up much past $39

Thnx bro. Yep, 39 for Qs is probably spot on, although it IS an impulse 3rd wave. They can be very surprising at times (Just like c long entries which you'll recall that's what I say Qs weekly is in right now).
Futes are in chop mode intraday here with Qs sitting at the intraday pivot, so market seems to have found momentary (very momentary) 'fair value' with a bullish potential since that's the trend. I just took a intraday swing long on Dow futes on a return to support so I'm ready to rumble

[New-born baby]

Ignore Buttons

I forgot to mention:

nobody on MrMarketishuge uses the ignore button. I've never seen it happen since I've been here (14 months). That's because everybody loves everybody here. (If someone was to be ignored, I would have to think it would be me, for all the bile I post. On various occasions I have posted a view contra to Mr. Market himself, and he has been exceedingly gracious and never taken it personal. I think that is both remarkable and commendable).

One more thing: On rare occasions, I have noticed that a holder of a stock can be sensitive if someone posts a contra view. Almost invariably, that contra view proves to be correct. But in any case it does indicate that the holder of the stock is emotionally wrapped up in it.

This is the only investing forum I have seen that the posters universally root for the success of one another. I like that. And I look forward to many, many more helpful posts from Phobo and MTM. Please continue to give us your viewpoints. And God bless you all.