Anyone Else Wonder Why AAPL Goes up Every Day??

Quote from iceman1:
I am sure there are many on here who can give a thousand rationalizations why AAPL gapped to hit 570 and since then won't stop climbing higher!
But then I rely on logic and sanity to live life every day. Same does not apply in the markets!
Just curious.
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Notice the falling volume as AAPL makes its climb from 570.
If funds were buying back in big the volume would rise, would it not?
So perhaps we're watching a slow motion short squeeze.
i.e. Bears quietly cover there positions little by little, and then sneak back into their caves.
 

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Quote from iceman1:

I lived through the 1980s and 1990s market-mania craziness and the movie Wall Street greed is good period; and the NAZ bubble burst and the R/E bubble pop.

So I guess it's nuts for me to ask such ridiculous questions since I am sure there are many on here who can give a thousand rationalizations why AAPL gapped to hit 570 and since then won't stop climbing higher!I obviously sold my 580 and 590c waaayyyy too soon, even though I have bought other strikes since. But I sold into spreads and the upper strike has long since been exceeded.

But then I rely on logic and sanity to live life every day. Same does not apply in the markets!

I guess 8.3 % unemployment is the new 3.3% unemployment and Europe in the crapper is a time to buy on bad news.

Thanks goodness I have a day job so I don't have to figure out the nutcake hedge fund scumbags who manipulate these markets/stocks - LOL

Just curious
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I never argue with the tape. Getting sore at the market doesn't get you anywhere.

There is one side to the stock market; and it is not the bull side or bear side, but the right side....Jesse Livermore.
 
Quote from Cdntrader:

I never argue with the tape. Getting sore at the market doesn't get you anywhere.

There is one side to the stock market; and it is not the bull side or bear side, but the right side....Jesse Livermore.
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i love Jesse Livermore.. what a gangster.. i wish the end of his life story didn't end so badly :( That guy had serious balls
 
Quote from cdcaveman:

i love Jesse Livermore.. what a gangster.. i wish the end of his life story didn't end so badly :( That guy had serious balls
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No one knows why for sure, but...
They changed the rules at the Exchange, making it so he couldn't trade in his dominating style anymore.
Broke again, and realizing he had no chance to make another one of his amazing comebacks, he went into the coat room, sat down, and calmly pulled the trigger.
:(
 
Quote from cactiman:

No one knows why for sure, but...
They changed the rules at the Exchange, making it so he couldn't trade in his dominating style anymore.
Broke again, and realizing he had no chance to make another one of his amazing comebacks, he went into the coat room, sat down, and calmly pulled the trigger.
:(
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realistically the guy had terrible money management... he made enough money for 100 life times and couldn't set down trading after that
 
Quote from cdcaveman:

realistically the guy had terrible money management... he made enough money for 100 life times and couldn't set down trading after that
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Q: How much is enough Jesse?
A: More....
:eek:
 
i wish i could go back in time and put the guy in rehab.. haha... i'm looking at a 630/640/650 butterfly.. figuring on another day up..
 
Quote from cdcaveman:

i wish i could go back in time and put the guy in rehab.. haha... i'm looking at a 630/640/650 butterfly.. figuring on another day up..
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I like the 625/640/665 in September. Back to school sales and possible iphone 5 should keep the stock in that range.
 
shorter term i likey more... i'm worried more about future volatility in either direction.. the stock is sort of floating around right now... if it breaks up.. it will really move.. i feel more confident nearer term.. i'm even thinking of lowering the risk with a 625/635/645 butterfly... i'm looking at the open interest to.. plus i'm thinking things won't super jump going into this opex..
 
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