Not to say those aren't great picks, but you could have swapped APPL or GOOG in your story with just about any stock in 2009 and come out looking like a hero.

My charting software doesnt include the fibonacci retracement but after viewing the weekly I see the support your refering too.

What software do you use?

Not so much... my uncle bought into C at 4.xx, (4x.xx after reverse-split) and bought more when it felt to a dollar (10 after reverse-split) averaging about 3.5... he barely makes a profit now.

^ Not quite. C was in $1-2.50 range at that time. Your uncle probably bought it near the end of 2009 probably 2010.

Ulic Qel-Droma - you don't think Apple is going to break below $400?

^

Nop, I'm quite sure it was early 2009 (my uncle was convincing my parents to buy C as they prepared 300k to invest in stock considering DOW plunged from 12/13xxx to 7xxx)

:fuckyea:

I kinda liked the comic relief from z-33 :okay:

aww what happened. lol why'd he get banned?


e-signal's future source. it's more for brokers. it's got a kabillion fucking things i will never use or figure out how to use.

there's much cheaper platforms that do the same thing. fibonacci retracement is one of my favourite tools. remember though, it tells you where to get out. it doesn't necessarily mean the trend will completely end there.

can't be certain. that's like asking me if the enemy attacking the castle will break through the second gate, before they even break through the first. the support has to be broken first, before you can accurately predict the next one.
mind you i am speaking from a bear's perspective.

if you're looking for a point to buy, you wait for the confirmation that it's in a up trend again. unless you're willing to take more risk and jump the gun and pick a bottom. i wouldn't do that unless you're a seasoned trader and have had a good track record of picking tops or bottoms accurately.

I'm frankly way more interested in RIM than in AAPL. I sold my shares a while ago at ~660 around the iPhone 5 launch. Didn't bat an eye when it hit 700. I didn't think about technicals, fundamentals, or the ridiculously stupid analyst ratings ($1000 lol). I just thought about the iPhone 5, iPad 4 and iPad mini and realized their run is done, at least until Jonny Ive comes up with something spectacular for the new iOS. Kids are starting to think iPhones are no longer cool and that is a bad, bad sign. I'm not touching AAPL until there is strong indication that they will release something new and groundbreaking.

GOOG is hard to tell. They're in so much more than the mobile arena. Very versatile company. I think they still have a ways up to go, but I haven't invested any money with them.

RIM has the most upside potential ATM. I've held a sizeable chunk of shares since it was $9 so I'm an obvious long, but I'm not gonna take profits til maybe the 29th.. and even then I'll leave half my holdings in there to see what happens on launch day.

Sorry to be another "well that was obvious" post, everyone posts the same garbage in 20/20 hindsight. "Yeah I saw that coming"... but really, this one time, I did. OK, to be fair, I made some stupidly bad tech stock calls too - predicting FB would fall to $10, NOK would completely flop after the Win8 launch and losing some money in a pump&dump penny stock (INT, classic case that I didn't see). Win some and lose some, nature of this game, especially with tech companies.

Could you give an explanation on to why you think RIM has the most upside potential? I know z-33 was a big fan of RIM's return but I really don't see it, especially looking at the specs/aesthetics/features/OS of the phone.

The most reasonable comparison (for me) is NOK. NOK wasn't doing hot for a while and when they announced their Lumia920 with specs etc., I was impressed. I bought the phone on the first day - holy shit it blows things out of the water. I got into NOK before the uptrend etc. but that isn't the point. The point is, I don't see RIM having a "holy shit" umph from their BB 10.

I would like to see a pro-RIM person's perspective on this (that isn't in the same style as z-33).

wow too bad i wasn't watching rimm.
sept 21-28 weekly charts, was an outside day reversal. your risk/stop loss was $1.28/17%

that was a super obvious trade, it never looked back. would be out by now though. it's hit a pretty major resistance. buy back lower if you believe it will go higher.

i woulda totally pointed that one out.

as for apple, i'd like to revise my statements.

weekly chart:

if you're short, get out 350-420 zone.

if you're looking for a long, look for that zone as well. i'd have a stop loss around 349ish. hard to say till it gets to that zone. if it goes below 349, i'd probably expect it to go to at least 315 zone.

For RIMM, fundamental analysis got me away from the stock from a bullish POV. Then again, when you see a spade, you call it a spade.

Speaking of hindsight, NFLX Weekly Call $125 Strike price at 45 cents now at $48. If you invested $1000, that's $100,000+ at the end of the week.

Ya I had the same thoughts about NFLX calls...but then again can't see why somebody would've held those or even the $130s bought on Wednesday after yesterday's pop....one can only dream

Ulic - Thanks. Will check it out.

Will - one can dream. 1k to 100k.

Anyone have time? Go watch the Ackman vs Icahn on CNBC. FUCKING HILARIOUS!!!!

yeah those two are a buncha kids lol.

it's like RS but on cnbc hahahahaha!!!

"[Ackman's] like the crybaby in the schoolyard. You know, I went to a tough school in Queens, and they used to beat up the little Jewish boys. And [Ackman] was like one of these little Jewish boys, crying that the world was taking advantage of him."

"I never said that I want to be friends with you Bill. I wouldn't be friends with you. And you said to me, you'd like to be friends so we could invest together .... I wouldn't invest with you if you were the last man on earth."

"I appreciate, Bill, that you called me a great investor. I thank you for that. Unfortunately, I can't say the same for you."
Posted via RS Mobile

What do you guys think about RIM? Good time to buy with the pending release of BB 10?

I'd suggest you wait until RIM has hard face plant.
Posted via RS Mobile

I like BB10, looks great but I don't like how they're making ANOTHER tablet even with the playbook disaster.

Personally Im in Microsoft and Intel for my tech plays.

Buy the rumour, sell the news

pretty much. the expectations and price are most probably already factored into the market.
you see how much it's gone up lately? it's not for no reason.

the release is gonna result in profit taking, nose dive. then buy.

of course we could be wrong and it could keep going up. there's always another chance.

I hope our friend Z-33's doing alright this morning (and yesterday)

http://weknowmemes.com/wp-content/up...el-240x180.jpg

phantom downward direction for the macd and stochastics. Perfect time to sell. He said he bought @ $6. So I wouldn't feel sorry for him making money.

Question is, will he? Irc, his target was upwards of $40+