Everything Macs

[23:17] AV_INPUT: is the sun bigger than the moon or about the same?
[23:17] Atu: ok, here’s a trick I learned last night on pbs, measure the moon by holding a pencil eraser or something similar at arms length when the moon is on or near the horizon, then do it again later when it’s high in the sky, it will be the same size
[23:17] bobby44: its about how they lie about the CPI
[23:17] imahn: that’s because the gravitational pull of the moon makes your arm slighly longer
[23:18] pappy-3: The market is falling, the planets are going to collide.. dang, we can’t win, so grab the prettiest gals and run. 
[23:18] ***: Nells (~nlparr@207-254-16-8.amerion.net) has joined #ActiveTrader
[23:18] ***: Nells has been voiced by ChanServ
[23:18] AV_INPUT: you mean MPI? Moon Perception Index?
[23:18] aerosdg: haha

Its been an ugly last few weeks for the market. We have been surrounded by -250 days consistently with only a few small green days scattered around. My portfolio took such a hit recently it’s just sick. I have a few stocks like BCSI and AAPL especially that were both green by a nice amount and had such a pull back that they both went red. I don’t know a ton about BCSI but they have a 60 target and they seem to be doing well quarter after quarter. AAPL on the other hand still had a 200+ target but recently had a huge pullback. If I knew what I was doing, I would have sold both for a gain when the market started to drop and just waited to see what the market did over the next few days. I should have capital on hand for buying more on pullbacks like this, however I have every dollar + all my margin power currently tied up in stocks that are all red. Had I had some patience, I could have rebought many of my stocks much lower and just held out for the market to stabilize a bit. Another reason I wish I had some capital available is to have bought more LUNA when it was in the mid 5’s. Today intraday it is hovering around mid 8’s. Im told this company has huge potential and once people catch on to it, look out. So far Im up 20% on LUNA. I need more capital and I need more patience. AAPL to the moon

http://www.everything-macs.com/my-portfolio

AAPL blew away earnings yesterday coming in at 1.01 / share. This is a true testament that this company is selling computers like hot cakes and making money hand over fist. With the holiday season just around the corner, Leopard being released any day now, and steady iPhone sales, I don’t think its unrealistic to see this stock hit 200 by Christmas.

If there is any pullback in the next few days, I am going to buy more shares. This morning on CNBC, it was said that analysts have increased AAPL 52-week targets to as high as 243.

This morning the stock hit an all new 52-week high of 189.75 . AAPL to the moon!

Oct 19, 1987 the DOW lost 500 points. Oct 19, 2007 the DOW loses 350 points and the Nasdaq down 70 points. My entire portfolio dropped significantly. I lost almost $700 in value today. Yesterday I was looking at a decent portfolio with a few stocks that seemed to be moving well. haha. not so much anymore, but what am I to do. Gotta just hold and grind it out. Surprisingly AAPL held flat most of the day until about 2 and it lost its support. AAPL is sitting around 170-171 right now. Monday AAPL reports earnings, so Im hoping to see it hit 180 in the few days following the release. Either way, its been a very ugly day.

Today AAPL is holding strong in the green with an intraday high of 170.18, while the market is down -70 points today. This is showing a lot of confidence in the stock amongst investors. With earning just around the corner, I think we will see 175+ by months end.  Glad to see AAPL recover nicely from the dip it recently took. If only I had a limit order set for 155.

Just as I thought, AAPL took off after passing the 160 mark. It went much faster than I had expected. This morning AAPL has already hit a record new high of 171.11. That is quite an accomplishment. Thinking back in late July and Early August when the stock was sinking into the low 120’s and below and many people thinking the stock was going to dip below 100 and no way it was going to hit 170 this year. WOW! Look at it now. AAPL to the frickin moon!

Well Im glad I held onto RIMM yesterday. I added some shares between 93-100 and today intraday the stock is around 108-109. Amazing. Now my question is should I add more long positions or wait for a pullback on this. AAPL is trading up this morning. I wonder if I should add some more to this too. Both of these stocks are amazing though thats for sure. I was going to buy RIMM pre-split but I never did, it was just too much per share for me. And then I missed getting it at the split. Oh well, live and learn. Im just not sure if now is the right time to add more.

Im currently holding shares long in both of these companies. RIMM today gave me quite a scare though. It rose 4% for the day before earnings. At earning release I saw it pop +$4 to 104 which was great…I thought they had beat expectations. I went to another Firefox tab and came back to see it at $94.00. It dropped $10 in a minute. I went from +$400 to -$300 just like that. RIMM was in line with expectations, at least they didnt fall short. That would have been bad news for me. I should have bought it right after the split and I would be ok, but Im hovering on the 95-97 /share line. AAPL on the other hand lost $2.27 today. This stock has been hovering $150’s for over a week, but the market has been down a bit the last few days. Im not sure where my money is best put right now.

Apple pushed 159.18 intraday today for a record new high. We’re so close to 160 I can taste it. I think after we break the 160 market 170 will be hit within a month. 160 is a landmark for AAPL as it was previous analyst estimates and will really show the growth that is obtainable from this stock. I thought about picking up more shares but I think Im going to let what I have ride and try and find a few other companies that are headed in the same way.

• RIMM - Earnings tomorrow. Doing great over the past year. Expected to surpass expectations
• VMW - New IPO this year on a tear, but really high PE (230)
• GRMN - Also done excellent over the past year but recently took a 15% drop from a Navtek buyout by Nokia.

AAPL to the moon