DJIA dropped almost 30%...
Will drop more?
Will continue affect KLCI tmro???

Are u kidding?

Apple looks weak....I guess more selling ahead....
KO a good long term play? Dividend quite ok.....less growth potential than YUM?

30 points SORRY MY BAD!

Phew!! I momentarily stop breathing..when I saw your post.

Yes, we drifting down.. going to see if we can test 200MA..soon (S&P 1380) maybe just pierced thru it.

Shorts getting rewarded again today. Longs getting punishment again.

Short term, we're oversold.. should get a little bounce soon before the bigger dip.

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Added on November 9, 2012, 1:23 amKaching! Just did a scalping day for AAPL..following the 20ma bear line.

Bought 5 AAPL 555 WKL PUT @ 8.75 when AAPL at 551
Sold 5 AAPL 555 WKL PUT @ 10.45 when AAPL at 547

Almost $1k in less than 10mins.

Now.. staying on fence and watching again.


This post has been edited by danmooncake: Nov 9 2012, 01:31 AM

Apple is still weak. RSI at 20 range now....i think reaching 10 range also no problem, it's previous May low was at this range. 500 on the way.
Another emerging tech play is also coming down...Google.

This post has been edited by yok70: Nov 9 2012, 03:44 AM

Hmm.. what timerange you're looking at.. my RSI showing at 24.86... not 20 yet.
But, it is close enough.

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Added on November 9, 2012, 4:44 am$540 broke.. in PUTs again.

I'll ride this down and see where the bears will take it...

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Added on November 9, 2012, 4:48 amOut 535.50.. scalped 4.5pts here.

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Added on November 9, 2012, 5:20 am
537.75 -20.25 (-3.63%)

The bears have ground this Apple from slices to pulp...perhaps making another dish.

This post has been edited by danmooncake: Nov 9 2012, 05:39 AM

Greetings + G'Day,

What are the relevant + reliable technical charts does retails/investors/hedge-fund use in today's trend?

It is still applicable and widely use? Or perhaps, retails/investors/hedge-fund prefers fundamental

market news to make judgement in stock pick?

Anyone know what are the criteria/technical charts/formula .etc use by Warren Buffett to select and pick his stock/counter ? How he pick the entrance level and what are the criteria he exit the stock?

Appreciate your input and hope we learn important knowledge from the success model.

Have a great day.

wahlau eh. Good trade. I will trade NYSE again le like dis.

Where is the Apple-so-god-stock-mentally-washed supporter is now? Licking his wound ? He place many LONG call beyond 700$

The decision to dump Google's maps for its own, and the changes at the top of the company to eject Scott Forstall and John Browett point to a subtle downward trajectory

We've passed peak Apple: it's all downhill from here

read on....

Let's see how apple will compete in world's biggest population countries, a combined population of 3.3 billion out of 6.9 billion earth population.

Hey Z!

Wow.. that's interesting stats.. thanks for sharing.

It's interesting isn't it seeing how AAPL now being beaten down to pulp here.. just over a month ago,
we heard of lot of cries of buying at the 600's~620s (around 50ma line) for bounce - that failed,
then just this week at 575-580 is the AAPL bulls last chance to stay their ground.. they gave it up last Friday.
The general market rally on Monday only gave chance for AAPL holders to sell into the rally. Wednesday and Thursday.. huge institutions are unloading some of their long term positions - uncertainty due to fiscal situation and unknown tax rate beyond 2012 - it's better now or never. So, it is what it is now.

Right now, I'm looking for the opportunity to go long side (for quick rally bounce) but not sure how deep they're going to bury this, seeing SP500 lost the 200ma, this is certainly bears playground.

This post has been edited by danmooncake: Nov 9 2012, 08:40 PM

Samsung is splashing money over in China to build up its reputation, Apple should be more worry

Will apple become Microsoft 2.0? Even with Microsoft launch its Window 8, Apple should be watching its on feet

Any aapl chart tonight?

Institutional and big holders are selling gains that are 10%-15% above
their initial buys to take money off the table.

The uncertainty tax rate to spike above 20% definitely holding the bulls by the balls now.

Obama to address Fiscal issue later tonight.

I will be watching AAPL (more pounding), $SPX (under 200ma) and $VIX (see if there is pop above 19) today,
$USD (bullish).. bears are still in control.

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Added on November 9, 2012, 10:17 pmNo not yet. The chart is broken.. it went off the cliff..

I need at least a bounce to be able to trace the price properly.
Should be soon.. let see.

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Added on November 9, 2012, 11:27 pmAAPL finally got a bounce from the lows 533.72... target exit area 548-549.

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Added on November 9, 2012, 11:50 pm548... cabut here..
will wait to see if it can break out 550 or not.

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Added on November 10, 2012, 2:00 am550 break out... sneak in long side play for Nov calls.

This post has been edited by danmooncake: Nov 10 2012, 02:00 AM

Wow! Found this website. Can track WB's last quarter trading. Cool!
http://www.gurufocus.com/StockBuy.php?Guru...=Warren+Buffett

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Added on November 10, 2012, 4:30 amToday's market is surprisingly mild as Obama mentioned on increase tax for trading (and dividend too?).
I don't know, Monday may see sellers return?

This post has been edited by yok70: Nov 10 2012, 04:30 AM

Obama speaks... market tanks!

I'm out again... staying in cash for the weekend. Much safer..

This post has been edited by danmooncake: Nov 10 2012, 09:09 AM

hvnt seen pinkdevil in a while?

Sideway trading tonight....

AAPL forming a base..and support here (535-545..)
LVS (42.50 ~ 43.50) .. same.

Watching $SPX (SPY).. bulls going to try to work hard to take back 200MA here (1382 or higher).
If not, we're going down to 1365 for support soon.

Maybe need to sell some options to take advantage of weekly expiration..