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Stock Market Intraday Chat: Apr 30th - May 4th - Page 3

post #41 of 411
4/30/12 at 11:53am

MNST halted twice now. Coca Cola in talks of buying them.

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post #42 of 411
4/30/12 at 11:53am
Quote:
Originally Posted by Nate01 View Post



if apple is such a great stock why does it go down nearly everyday?


If it goes down nearly every day, then explain how it is up [ed: something close to] 40% in calendar 2012, or just hide the sharp objects in your kitchen.
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post #43 of 411
4/30/12 at 11:54am
Quote:
Originally Posted by Nate01 View Post

if apple is such a great stock why does it go down nearly everyday?

 

One reason it is down today specifically is the MSFT and B&N deal. That has potential to bring real competition to the iPad.

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post #44 of 411
4/30/12 at 11:57am

 

Quote:
Originally Posted by webChris View Post

 

One reason it is down today specifically is the MSFT and B&N deal. That has potential to bring real competition to the iPad.

 

I feel todays move is simply a little more gap fill action from the $40 gap up that everybody was trampling over each other to get into the stock after earnings.

 

 

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post #45 of 411
4/30/12 at 12:01pm

 

Quote:
Originally Posted by rando View Post


If it goes down nearly every day, then explain how it is up [ed: something close to] 40% in calendar 2012, or just hide the sharp objects in your kitchen.

Maybe you should look at the 1 month chart.

 

 

 

 

 

 

 

 

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post #46 of 411
4/30/12 at 12:05pm

 

Quote:
Originally Posted by webChris View Post

 

One reason it is down today specifically is the MSFT and B&N deal. That has potential to bring real competition to the iPad.

 

This is a longer term outlook, i dont think this is having an effect today. It's that 40 dollar gap closing

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post #47 of 411
4/30/12 at 12:09pm

This is just a retracement on AAPL. There's huge support in the $580's right now ....expect it to be back above $600 this week IMO.

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post #48 of 411
4/30/12 at 12:19pm

$575-$580 support for AAPL coming up soon

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post #49 of 411
4/30/12 at 12:23pm

we are trading tight but i think we will break to downside by the end of today. I can't figure out which index i want to short. IWM looks good but not sure where to enter.

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post #50 of 411
4/30/12 at 12:24pm

Let's see if we can use 1391 as support. 

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post #51 of 411
4/30/12 at 12:30pm
Quote:
Originally Posted by Nate01 View Post


Maybe you should look at the 1 month chart.

There is no point in looking at a monthly when discussing daily price movement, the time frame of your choice. In addition, the monthly only makes your point look all the more foolish, it's up in more vertical slope on each leg. Not seeing your point here.
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post #52 of 411
4/30/12 at 12:32pm
Anyone else beginning to establish longs in miners after they have underperformed for so long? Bot a little AG for one of the kids today. EXK, SSRI, PAAS, CDE are the leading names on my watch list for now.
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post #53 of 411
4/30/12 at 12:39pm

 

Quote:
Originally Posted by rando View Post

Anyone else beginning to establish longs in miners after they have underperformed for so long? Bot a little AG for one of the kids today. EXK, SSRI, PAAS, CDE are the leading names on my watch list for now.

 

I want to see some more evidence that silver has decoupled completely from the market and won't go down if the market does. In fact, i would like to see a reverse correlation like we had 2 weeks ago (during the crisis) when money poured into silver that one down market day. If i see this happen again and hold for more than a day/2 i might enter

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post #54 of 411
4/30/12 at 12:57pm
Quote:
Originally Posted by RetireYoung View Post



I want to see some more evidence that silver has decoupled completely from the market and won't go down if the market does. In fact, i would like to see a reverse correlation like we had 2 weeks ago (during the crisis) when money poured into silver that one down market day. If i see this happen again and hold for more than a day/2 i might enter

With that news on ZH this morning (timed with the dip in metals) I don't know how it will affect metals, but with bigger players cutting their positions, it might make silver more market-correlated (direct not inverse), but I'm guessing a bit. I figure with fewer big strong hands long on silver, it might lose its own compass and rely on the broader market's.
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post #55 of 411
4/30/12 at 1:05pm

 

Quote:
Originally Posted by BobK View Post

 

Quote:
Originally Posted by BobK View Post

Short ES at 1394

 

 

Out at 13932.

 

Edit. Out at 1392. Geez.

 

 

Glad I had posted this twice. Had this one right and at the time.

 

http://www.hotstockmarket.com/t/208213/ichibombs-stuff/100#post_2856434

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post #56 of 411
4/30/12 at 2:02pm

Range today 1402.50/1301 on the ES. Anyone have an idea where it goes from here. Currently at 1392.25

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post #57 of 411
4/30/12 at 2:13pm

 

Quote:
Originally Posted by Nate01 View Post

if apple is such a great stock why does it go down nearly everyday?

 

This comment literally makes my head spin.

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post #58 of 411
4/30/12 at 2:19pm

 

Quote:
Originally Posted by Rock Sexton View Post

 

This comment literally makes my head spin.

 

 

Quote:
Originally Posted by Nate01 View Post

if apple is such a great stock why does it go down nearly everyday?

 

Is it a little more complicated than that? laughing.gif

19725410.jpg

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post #59 of 411
4/30/12 at 2:34pm

AAPPL 585. OMG. Poor Nate

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post #60 of 411
4/30/12 at 2:35pm

 

Originally Posted by Rock Sexton View Post

This comment literally makes my head spin.

 

more like 'pop'. frown.gif2guns.gif

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