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Topic: Gold collapsing. Bitcoin UP. - page 1545. (Read 2032286 times)

legendary
Activity: 966
Merit: 1003
March 20, 2012, 03:55:42 PM
tormorrow will tell the tale, if tomorrow is down then it confirms the hanging man.
legendary
Activity: 1008
Merit: 1000
March 20, 2012, 03:53:27 PM
A hammer in an uptrend is called hanging man and is bearish, signalling often an impending downturn.

A hammer in a downtrend often signals an impending upturn.

http://www.investor-verlag.de/boersenwissen/die-kerzen-5-und-6/


google translate is awesome

So this candlestick pattern is used to indicate reversals, not continuation of trend?
legendary
Activity: 2100
Merit: 1000
March 20, 2012, 03:39:43 PM
A hammer in an uptrend is called hanging man and is bearish, signalling often an impending downturn.

A hammer in a downtrend often signals an impending upturn.

http://www.investor-verlag.de/boersenwissen/die-kerzen-5-und-6/
legendary
Activity: 1008
Merit: 1000
legendary
Activity: 1764
Merit: 1002
March 20, 2012, 03:35:57 PM
Today was a hanging man. Maybe apple is hung tomorrow...


http://www.investopedia.com/terms/h/hangingman.asp#axzz1pguH7KSk





i had a big day from the short side today.  there were all sorts of problems going on in the market away from Apple.  its only a matter of time before they roll too.
legendary
Activity: 2100
Merit: 1000
March 20, 2012, 03:33:54 PM
Today was a hanging man. Maybe apple is hung tomorrow...


http://www.investopedia.com/terms/h/hangingman.asp#axzz1pguH7KSk



legendary
Activity: 1008
Merit: 1000
March 20, 2012, 02:49:13 PM
oh my again.

lol so coy you are...
legendary
Activity: 1764
Merit: 1002
March 20, 2012, 02:45:57 PM
oh my again.
legendary
Activity: 1008
Merit: 1000
March 20, 2012, 02:42:31 PM
AAPL back over $600...

Thanks for the hourly update... Let me know how that's working for you in a couple weeks.

Its a bit more than an hourly update...  Its the biggest, most watched stock in the game right now...  600 is an all-time high as well as a psycologically nice round number for people...

You could just give me the $200 instead of losing it...

EDIT, Disclaimer: I sounded like a dick, and I probably dont know what Im talking about
legendary
Activity: 1904
Merit: 1002
March 20, 2012, 02:10:12 PM
AAPL back over $600...

Thanks for the hourly update... Let me know how that's working for you in a couple weeks.
legendary
Activity: 1008
Merit: 1000
March 20, 2012, 01:45:28 PM
AAPL back over $600...
legendary
Activity: 1008
Merit: 1000
March 20, 2012, 12:36:25 PM
oh my.

Huh
do tell.

Edit: I may be confusing you with someone else cypherdoc but why isnt today just another check mark rally day?
legendary
Activity: 2100
Merit: 1000
March 20, 2012, 12:30:01 PM
+1

Hey my friend,

you haven' given me any love yet for my 10/6/11 call that stocks would clear the May highs.  i only ask cuz you publicly disagreed with me at the time.   Grin

Hey buddy

Cograts to the great call. And now we are finally aligned :-)
legendary
Activity: 1764
Merit: 1002
March 20, 2012, 12:23:01 PM
oh my.
hero member
Activity: 530
Merit: 500
March 20, 2012, 11:23:31 AM

why not? that might turn out to be the deal of your life.

i already bought
now diversification
legendary
Activity: 1904
Merit: 1002
March 20, 2012, 11:06:53 AM

I only have a play money account in the real market but I really dont think we are going back below DOW13000 and S&P1400 for another few months.

I am watching AAPL as a potential lead indicator as well...  Sure the RSI is at 100 again(it basically has been since Jan) but with the dividend and share buyback announced along with this http://www.businessweek.com/news/2012-03-19/apple-sells-record-3-million-new-ipads-in-tablet-s-debut-weekend ... I think the pilling in of retail investors is just starting.  AAPL will continue bubbling to at least 700.


I'm interested (without prejudice; I don't have a horse in this race), how Apple's recent decision to start buying back stock and issuing dividends affects your analysis?

Won't their buying push the price up?

Announced dividend is 1.7% yearly at current prices... You still need more price appreciation to beat average inflation.  If deflation happens, overpriced phones and 99 cent songs will be among the first to go.

But, yes, I'm aware the market can remain irrational longer than I can remain solvent.  $200 short at 3:1 is a risk I'm willing to take.
legendary
Activity: 966
Merit: 1003
March 20, 2012, 10:51:06 AM

I only have a play money account in the real market but I really dont think we are going back below DOW13000 and S&P1400 for another few months.

I am watching AAPL as a potential lead indicator as well...  Sure the RSI is at 100 again(it basically has been since Jan) but with the dividend and share buyback announced along with this http://www.businessweek.com/news/2012-03-19/apple-sells-record-3-million-new-ipads-in-tablet-s-debut-weekend ... I think the pilling in of retail investors is just starting.  AAPL will continue bubbling to at least 700.

I think you may be right, the piling in of retail investors on AAPL.  I just found out someone I know bought AAPL yesterday, cause their Finacial Advisor said it had forward looking PE of 12..  *roll eyes*.  I think its about topped out, but heck I could be wrong, it might run for a few more hundred..
legendary
Activity: 1008
Merit: 1000
March 20, 2012, 10:45:43 AM
I'm interested (without prejudice; I don't have a horse in this race), how Apple's recent decision to start buying back stock and issuing dividends affects your analysis?

Won't their buying push the price up?

red herring.  these type of announcements always occur at tops.  JPM did the same. 

classic mistake of buying high and selling low.

S&P just bounced off of 1400... its not crashing yet...

600 of that 1400 is AAPL... I just sold a couple dogs in my portfolio (GBG, HPQ) and loaded up on SPXU.

Maybe it won't roll over, but what I let go was only losing me money anyway.

I only have a play money account in the real market but I really dont think we are going back below DOW13000 and S&P1400 for another few months.

I am watching AAPL as a potential lead indicator as well...  Sure the RSI is at 100 again(it basically has been since Jan) but with the dividend and share buyback announced along with this http://www.businessweek.com/news/2012-03-19/apple-sells-record-3-million-new-ipads-in-tablet-s-debut-weekend ... I think the pilling in of retail investors is just starting.  AAPL will continue bubbling to at least 700.
legendary
Activity: 1904
Merit: 1002
March 20, 2012, 10:39:23 AM
I'm interested (without prejudice; I don't have a horse in this race), how Apple's recent decision to start buying back stock and issuing dividends affects your analysis?

Won't their buying push the price up?

red herring.  these type of announcements always occur at tops.  JPM did the same. 

classic mistake of buying high and selling low.

S&P just bounced off of 1400... its not crashing yet...

600 of that 1400 is AAPL... I just sold a couple dogs in my portfolio (GBG, HPQ) and loaded up on SPXU.

Maybe it won't roll over, but what I let go was only losing me money anyway.
legendary
Activity: 1904
Merit: 1002
March 20, 2012, 09:58:21 AM
I'm interested (without prejudice; I don't have a horse in this race), how Apple's recent decision to start buying back stock and issuing dividends affects your analysis?

Won't their buying push the price up?

Announced dividend is 1.7% yearly at current prices... You still need more price appreciation to beat average inflation.  If deflation happens, overpriced phones and 99 cent songs will be among the first to go.
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