I doubt he managed to deal with that long draggy drop. He was so over-optimistic that time, I hope he didn't get loan to buy shares.

I hope he turns up.. I don't really wish anybody to lose money whether they're bull or bear.

You're correct. One cannot be overly optimistic over a stock whether it is AAPL or any company.
This market is vicious and at anytime it can turn around and bite you and teach you a hard lesson.
I learned my during the dot com bubble days..

Just need to be discipline and follow the trend.

This post has been edited by danmooncake: Aug 15 2013, 01:15 AM

yes, follow the trend. Anyone follow TSLA immediate d/trend?

dot com bubble must be damn painful!
Now i like apple because it's cheap, cash rich, strong cash flow, still super strong and unique brand even after 2 to 3 years of non-event. When it finally decided to pay back some of its cash to the shareholders, I think it's time to buy.
When it was 700, it's not that cheap if without strong growth, which is uncertain since being attacked by Samsung fiercely.
In fact, my US friend who doesn't concern on Economic news actually have no idea Apple was being attacked by Samsung. He thinks iphone5 was good, he has no desire for a big screen phone.
However, I may sell it if it gets expensive without clear growth path.

This post has been edited by yok70: Aug 15 2013, 01:29 AM

Yes..it was. I lost everything and goes back to zero.

But, got everything back by housing bubble/crisis '08-'09 (don't be afraid to ride the BEAR! Growl!)

Just a little here and there. Now it's back to 20ma line.
Uptrend still intact here (bullish).

Dan thanks for the head up, was day trading an immediate d/trend of TSLA

yeah right, someone just dumped GLD and purposely during AMC, very fishy as usual...hehe

http://blogs.marketwatch.com/thetell/2013/...oros-dump-gold/

Waah.. here comes the pull back. Everything 'ang' 'ang' (red red) tonight!

WMT (big retailer) missed earnings (Dow component)
CSCO (big tech) also missed earnings, weak guidance - placing blame EM for slowdown in business.
CAT (machinery) pulling back as well - part of Dow component

Eventho with better initial claims, futures are selling off.

Ready for some shopping?

here comes your bloody steak meal.

wow! IBM weekly bear put 190/195 expiring next week Fri reaches its max peak earlier

This post has been edited by countdown: Aug 15 2013, 09:23 PM

Nice!!! Are you in?

thank you, yes was in on this Tues, will close the short leg later to allow the long leg run....

better wait for another report 10am release before doing anything...almost got carried away...

This post has been edited by countdown: Aug 15 2013, 09:39 PM

bond yield keeps shooting upwards. they sell bonds and also sell stocks? maybe they buy gold.

can we see 160?

Yeah, only if 175~180 is lost.. There's a prior 8th month support line at 181-185 area. I think the bulls will try to come in
to support.

Did IBM miss earnings?

is APPL a good buy even at $500??
APPL haves been under fire lately ... be it their product line up... or factories in CHINA.
I personally think that it would be great purchase if it's under 400. I missed the chance and have been following closely with their news.

No, in fact, it beats market expectation. The selling down is more on uncertainty of its restructuring process, as well as doubt on its cloud business facing high competition from Amazon etc., I guess.

I also want to know.
However, I'd rather wait for pullback before adding position. Before any kick ass product announcement, it's all uncertainty on Apple.

vomit? started or just minor correction on the way up to uncharted territories?