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10-18-2011, 12:08 PM
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#5676 | | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
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Reason for market ripping France and Germany ready to agree
...Guardian..
HAHAH wowwww CNBC way to be late to the party
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10-18-2011, 12:17 PM
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#5677 | | My homepage has been set to RS
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Posts: 2,489
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Market just popped some Viagra, long PFE
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10-18-2011, 12:29 PM
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#5678 | | Banned (ABWS)
Join Date: Mar 2003 Location: Richmond, BC
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Originally Posted by AME_VIP  Bought FAZ this morning after it went down about 8%. I am hoping it will turn around Wednesday. | Can somebody give me a quick summary how FAZ works? Basically if financial shares goes up, FAZ goes down and vice-versa? So basically buying FAZ you're banking (pun intended) that financial shares will go down? How does that make the price of the stock go up though?  | |
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10-18-2011, 12:30 PM
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#5679 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
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AME_VIP i suggest you set a STOP ASAP if u havent gotten stopped out yet. just trying to help u
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10-18-2011, 12:32 PM
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#5680 | | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
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| Quote:
Originally Posted by Jermyzy Can somebody give me a quick summary how FAZ works? Basically if financial shares goes up, FAZ goes down and vice-versa? So basically buying FAZ you're banking (pun intended) that financial shares will go down? How does that make the price of the stock go up though? :confused | FAZ and FAS are ETFs (3x bear/bull exchange traded funds respectively) their goal is mirror the movement of the banking sector by 3x
Would not recommend beginners/those who can't monitor the price action/news playing them, you're gonna blow your account.
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10-18-2011, 01:02 PM
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#5681 | | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
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*Shakes my head* Market manipulation
EFSF Firepower To Reach EUR2T "Totally Wrong"- Bailout Fund Size Still Debated - Euro Zone - WSJ
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10-18-2011, 01:09 PM
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#5682 | | RS Veteran
Join Date: Nov 2001 Location: An Island
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Yep FAZ moves incredibly fast and you have to be on top of the news for the financial sector.
Thanks strykn. Hit my stop while I was out for lunch
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10-18-2011, 01:31 PM
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#5683 | | My homepage has been set to RS
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AAPL misses, hope somebody got those weekly puts as a lotto/hedge
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10-18-2011, 01:49 PM
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#5684 | | I *heart* Revscene.net very Muchie
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what the fuck is this bullshit, france refuts the 2t fund? after bunch of news sources report it for a ramp up in the market.... this market is fucking RETARDED
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10-18-2011, 01:51 PM
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#5685 | | Banned (ABWS)
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Darn...thought AAPL would continue up. Is this the first time they've missed in the last few years? 
Not sure if I should add more AAPL to portfolio on the dip? Or has their run of blowing up estimates finished? Iphone4s should help their Q1 results?
Last edited by Jermyzy; 10-18-2011 at 02:25 PM.
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10-18-2011, 03:04 PM
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#5686 | | I don't get it
Join Date: Mar 2011 Location: vancouver
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it might. short entry here maybe?
fuck. i had nflx puts yesterday. lost and the trade went my way today. i never time rimm or nflx right Posted via RS Mobile | |
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10-18-2011, 05:11 PM
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#5687 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
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Tempted to buy some apple if it drops below $370 tomorrow.
They have like 81 or 87 dollars of cash per share.
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10-18-2011, 08:41 PM
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#5688 | | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
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i'd be buying more AAPL on any serious pull back - mind you, any $30 or so pull back just erases some of the recent run ups - AAPL is still a killer of a company, great valuation, when i saw the miss, i wasn't shocked, surprised, disappointed, expectations are so high, iphone4 didn't sell as much as last q, no surprise (brand new vs. older) - 4S has just come out, so q4 will be good
god bless AAPL!
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10-18-2011, 09:23 PM
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#5689 | | Banned (ABWS)
Join Date: Mar 2003 Location: Richmond, BC
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^Let's see where it's at tomorrow, if it dips to $370-380 I will pick some more up. I'm a little cautious that samsung/google are starting to eat up market share. But maybe a good sign that for once their internal guidance is higher than analyst expectations - show of confidence?
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10-18-2011, 09:27 PM
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#5690 | | Everyone wants a piece of R S...
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I dont think it'll dip to $370-380. I think it might gain back its losses like the time they introduced the iPhone 4S. I am going to buy some tommorow. Macbook line is due for a change and once iPhone 5 comes out...
I think strong earning potential till Q2 2012. I noticed that the iPod dropped 27% in sales though, due to people using iphone for everything I guess?
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10-18-2011, 09:32 PM
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#5691 | | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
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I'm seeing more and more androids pop up in class... but at the same time I'm also seeing a lot more MBP's pop up to replace other laptops (dell/asus etc.).
I don't think 4S will really change the game much considering it wasn't really the IP5 people were expecting. AAPL may have lost a few subscribers to the android market.
Could be the start of the end for aapl ? ='(
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10-18-2011, 09:48 PM
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#5692 | | Everyone wants a piece of R S...
Join Date: Jun 2006 Location: vancouver
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^ more androids pop up due to the price being cheaper and more variability in handset selection than an iphone. Im not sure about androids but for iPhones when you sign a 3-year contract it must have a fairly expensive data plan. People buy 4S due to siri and faster speed, or replace their 3G/3Gs. You can use the same argument why people upgraded from galaxy to galaxy 2.
I am still bullish on their macbooks. I bought my macbook pro in 2008 and it has never died or crashed. Very satisfied. Noting the rising sales, im not the only one 
Things I am worried about is what happens after the Iphone5? No more Steve Jobs to pitch new ideas...
Off topic
Blackberry BBX? lol
the euro-zone meeting on the 23rd......
the bakken shale, some companies to look into as they raise production. KOG, HAL?
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10-18-2011, 11:25 PM
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#5693 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
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| Quote:
Originally Posted by SiRV I'm seeing more and more androids pop up in class... but at the same time I'm also seeing a lot more MBP's pop up to replace other laptops (dell/asus etc.).
I don't think 4S will really change the game much considering it wasn't really the IP5 people were expecting. AAPL may have lost a few subscribers to the android market.
Could be the start of the end for aapl ? ='( | Pull up a monthly chart and see the trend for yourself. Not too many people made big money (I am not talking about day trader but people like Buffett) on the short side against Apple.
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10-19-2011, 08:48 AM
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#5694 | | I don't get it
Join Date: Mar 2011 Location: vancouver
Posts: 444
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waiting
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10-19-2011, 09:48 AM
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#5695 | | SiRVs up, dude
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^quite a boring start to the day Posted via RS Mobile | |
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10-19-2011, 09:49 AM
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#5696 | | Banned (ABWS)
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^me too...want to see some movement either way!
gold stocks down ~4%, 2nd day in a row. might pick some up for possible bounce tomorrow? (goldcorp in particular)
picked up some Goldcorp at 45.70
Last edited by Jermyzy; 10-19-2011 at 10:33 AM.
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10-19-2011, 11:43 AM
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#5697 | | Banned (ABWS)
Join Date: Mar 2003 Location: Richmond, BC
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Well eff me...lol
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10-19-2011, 12:24 PM
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#5698 | | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
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it's the same repeating story over and over again on headlines..
european crisis.... europeans come to agreement... european crisis.... agreement... crisis... agreement....  | |
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10-19-2011, 02:23 PM
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#5699 | | What hasn't Killed me, has made me more tolerant of RS!
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Anyone looking into AEM? They took a huge loss today.
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10-19-2011, 02:58 PM
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#5700 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,945
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| Quote:
Originally Posted by SiRV it's the same repeating story over and over again on headlines..
european crisis.... europeans come to agreement... european crisis.... agreement... crisis... agreement.... | Hence buy...sell....buy....sell....buy...sell..
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