AAPL: Buying the Dips!

Quote from cactiman:

May's Higher Low still getting respect.
The Long Term Uptrend remains in place.
:cool:
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do you think technicals really matter with AAPL? This is fundamentally driven.

However if fundamentals matter then what about it being below its 200 ema ?!

Are you considering that in your T/A analysis. If not - why not?
 
Quote from tradingjournals:

AAPL at 540 t0 541 area. 22 points bounce. Are they taking their profits?
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I may be the sucker at the table - but you gotta figure with a Xmas "rally" possible [particularly if the clowns get some deal on the table in D.C. or the perception that it will be resolved] that it will re-test its 200 ema. Personally I am foolish [or stupid] enough to think we have a large rally in the next 24 days. But perhaps it doesn't happen until first couple weeks in 2013.

Of course I got f-ked when this sold off this week in the face of a decent market and decent economic news - but for the IMS. SO obviously I don't 'get it'.
 
Quote from iceman1:
I may be the sucker at the table - but you gotta figure with a Xmas "rally" possible [particularly if the clowns get some deal on the table in D.C. or the perception that it will be resolved] that it will re-test its 200 ema. Personally I am foolish [or stupid] enough to think we have a large rally in the next 24 days. But perhaps it doesn't happen until first couple weeks in 2013.
Of course I got f-ked when this sold off this week in the face of a decent market and decent economic news - but for the IMS. SO obviously I don't 'get it'.
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you're not a sucker, anymore than I am at times

it's not easy to predict the Future

there are quite a few variables in the future

marc
:eek: :confused:
 
apple fundamentals get worse by the day with every new cheap Android phone

I really never could understand those $1000 targets

company has just one product - yes it sells by crazy but when it can be cloned and produced by tens of other manufactures and then be sold 3 times cheaper

that business model will fail sooner or later

yes in US Iphone may remain popular for sometime because of subsidies

they start it in China this week. It will be interesting how they can compete there. Android phones are light years ahead and 3 times cheaper and Chinese are not so brand crazy like western people
 
Drop from 700 to 500 may look attractive. High volume over the last 2 days confirms that many investors are looking to buy it. Yet, I would still wait - the volatility is still high and sentiment is still bearish on the market.
 
Quote from iceman1:

do you think technicals really matter with AAPL? This is fundamentally driven.
However if fundamentals matter then what about it being below its 200 ema ?!
Are you considering that in your T/A analysis. If not - why not?
More...

I think fundamentals, technicals, and macroeconomic factors are all equally important in trying to interpret and predict AAPL's behavior.
I believe all those factors are homogenized into AAPL's Price, and it's been slowly grinding upwards in multi-week/month stops and starts since March 2009.

To avoid confusion via short term "noise" and whipsaws, I concentrate solely on AAPL's Long Term Trend, and the Higher Highs and Higher Lows (horizontal levels) on its 3 year weekly chart.
AAPL has yet to close below the Higher Low set in May, and has bounced off that area twice so far.
If that level were violated the Uptrend since March 2009 would be over, and I don't think traders want this to happen - so they set their Buy Stops at or just above that level.
This explains to my satisfaction those long tails crossing and almost touching the Blue Line on the attached chart.

My various AAPL trades close in January, February, April, and June - so I haven't been losing much sleep yet.
But that may not last much longer, because those January trades are looking more and more like sure losers all the time!
:)
 

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He sounds like someone who may have bought at the 700 top area, took the loss at the 505 area bottom couple weeks ago, and may have rebought at the latest 590 area top. Would that make the breakeven around 775?
 
Maybe he did. Maybe he didn't. I don't know. What I do know is so many posters here seem to get some kind of thrill out of others losing money. I don't get that mentality.
 
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