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Insiders saying prices didn't change on chips.
http://macdailynews.co Time to load of the truck for the big move into January earnings. This thing is down at $525 now. |
| 11-15-2012, 10:18 AM | |
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Tell you what I'm buying, DELL. Who do you know that's buying DELL? Multiyear lows, extremely hated, PE under 6, even pays a 3.5% dividend. Earnings today after the bell. Ding! Ding! ![]()
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Here's the weekly bullish % index on the Nasdaq. Remember AAPL was 20% of it just recently. Can you say divergence?
Last edited by barnz008; 11-15-2012 at 02:04 PM.. |
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I'm thinking if $500 doesn't hold just cause it's a round number, then $480 for a pause. I'm surprised at the relative ease of the slide, obviously the market makers don't want to frighten the children too badly, here. I think a good $50-$75 down day would help the stock in the long run. The daily volume has just been meh.
If I'm going to be long, I want sheer panic and Joe Sixpack dumping before it's too late. What, Apple sells a lot of "must have" phones? Not a sane person in the world gives a rip when they're watching their IRA go red for the year and can't hold their breath anymore. Fundamentals, dumbdamentals - totally irrelevant. Obviously they ran the stops on Dell this AM including mine. Won't hesitate to get back in if the setup looks right. |
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My buy at $630 isn't as bad as it seems. I sold it at $640 during the run up from when I got it at $300 so I was just buying back in since it proved it could punch through $700. Little that I know that it had, at least, a $100 more to fall. Now my cost average is hovering at $565. My lost is pushing 6 figures. Stings a bit. |
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