I started a position in LIOX, just under $4. And, I added to SFLY.
Disclaimer: If you buy the above stocks because of this post, both AAPL and IBM will miss earnings, in horrendous fashion. And, you may lose money.
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For the love of God, nine minutes? What’s everybody doing today, trading or something? FIG!
Are you talking to me? FIG for as long as I decide.
I have a feeling that bullish Fly followers will get nailed very soon.
As for me, I am exercising caution and selling nonperforming pos to raise my cash reserve.
Who me?
It all depends on what soon is.
Le Fly,
The PPT hasn’t been updated re your SFLY puchase.
Oh, you know I will have to go buy those stocks over the post….just in the hopes AAPL misses, lol. But of course they will beat big, but the big question is whether AAPL FINALLY hit that Soros Reflex point, we will see.
What is a Soros reflex point?
it’s when he goes from flacid to hard,after that thing hanging around her head becomes a wardrobe malfunction
Discoordinated… http://www.sharpeinvesting.com/2007/08/george-soros-theory-of-reflexivity-mit-speech.html
Nymph, Soros’s reflexion point referred to bubbles. AAPL ain’t no bubble. It’s a solid money-making machine. So far there’s nothing on the horizon which could derail it. Even Steve J’s time-off. They’ve created several markets, which they can milk for years to come, thus providing steady revenue streams. And at P/E of only 22 it’s far from being another inflated paper.
WTF….When Paul T Jones has AAPL as his second largest holding and making up 20% of the QQQQ, etc…plus every hedge fund manager holding it…it has bubble written all over it imho. Sure looks like a Tulip to me. Competition on Tablets and IPhones can derail it…plus, it is a trendy issue..and like a hot night club, it can be so over, so fast. This bullish “peoples stock” was a can’t miss in 2007 too….the forward p/e has perfection priced in….with their super beats in the past, the bar is just getting higher and higher in peoples minds and that is what Soros focused on.
plus, it doesn’t have to be a bubble, but just a major imbalance of expectation psychology
Hi Nymph, Bobby K here. Weren’t you telling me that at 177 a long time ago ?
Not trying to be a prick, you know I like you, awesome brain and dedication, but are you long anything ? Hows trix ? Good luck with your post op stuff, too.
(Deniro puts two fingers up to his eyes and points at you)
And hope you had an Awesome Martin Luther King Day !
http://www.youtube.com/watch?v=1UFE6vRBdTw
Shorted DAL and AMT today, still long GOOG. Staying so far away from AAPL.
There ARE no bubbles anymore. The natural state of being is for stocks to move up. The downturn a few years ago was an aberration of the distorted psyche within our government. All is back to normal. Carry on.
True dat! Ain’t no bubbles. Pyramids. Financial.
Ride the bubble!
TITN breakintheheckout
http://www.wimp.com/budgetcuts/
Very short video putting Obama’s search for $100 million to cut into perspective. Worth watching. Good visual.