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Apple going to $300
Then bounce, then another drop to $150
Oct 2014: $150
I'm sticking to my call
China buying homes in America, one reason.
If your rich and live in China; do you really want to show your wealth in nation of so many poor?
Go to Mexico, drive around with expensive car.
My target price is $15.66
Earnings numbers!
Bank of America chart suggest $15.66
That's my call.
Nailed it $16.70
Very nice trade today.
$.07 per share!
I'm off to Primm California now, to purchase few mega, super lottery tickets.
GL
34 minute sell off from today's highs.
Then 3 minute rebound.
Then 21 minute sell off to $16.62
Triple bottom pattern was created.
Went long at $16.63 today.
Trying to catch $16.70
First resistance level
Gl
Triple bottom $16.62
Next resistance $16.70
Then $16.73
Pretty low risk trade here.
GL
They just might have something here. Alternative to coffee!
I like the idea!
Lets just hope, Premier has equity stake worth something in the project.
This is interesting!
Lets get out on all the social networks, facebook, tweeter, ect. And spread the good news.
Recently, I saw on CNBC this guy has alternative to smoking, its herbal tea.
His start up company is already making a profit. With only $75,000 start up funds.
Consumer are drinking more teas, coffee products.
Due to the state and federal laws on smoking.
I can get behind this project.
Go Premier Go
Alternative coffee drink..
Sounds good...
Bank of America opened strong, economic data appears on track for better economy.
49 year old woman found inside luggage at Mexico border, two people were arrested.
Bank stock hit $16.77 today, pull back looks positive.
Man was arrested for cheating on his lover, with his dog.
Crazy! World
Go Bank of America
Head and Shoulder Pattern! Hourly time frame.
Pattern targets $16.25 to $16.10
Federal reserve conducted study on the famous Head and a Shoulder, you can google it, for your own knowledge.
Does the head and Shoulder pattern hold any merit?
I caught three trades today with Bank of America today.
I actually enjoy scalping over any other style.
Wade Cook the famous Las Vegas taxi driver, wrote several books on the subject.
I use 21 minute cycle, along with Elliott wave OEW
Magic of premarket volume, today's gap open its like open window, at some point in time, all windows get closed. Key is to pinpoint accurately within certain degree when.
Analyzing the 15 minute chart pattern.
Fomc minutes were released, I took full advantage and bought at $16.58
Given on the five minute chart, solid bottom in place.
I was able to catch $.02 per share.
Like owning your mini mart, I bought 5000 candy bars
Sold those candy bars at profit of $.02 each
Walking away with profit of $100
Clear five pattern, unfolded on the 5 minute charts.
Going into fomc news!
Which able me to catch very nice trade.
Thanks Bank of America
$16.58 bought
$16.60 sold the position.
11:10 a.m. To 11:12 a.m.
Quick $100 profit.
$240 total today.
Thanks Bank of America
10:25 a.m. Commentary
Five minute time frame: I'm not observing any low risk trades, 15 minute time frame..head and shoulder pattern.
Maybe by the end of day there might be short term bottom trade set up.
But right now, I'm observing nothing worth trading.
Warning!
Head and Shoulder pattern, 15 minute time frame.
Targets 16.10 levels.
I tried shorting at $16.68: no fill
I tried buying at $16.61 no fill.
My third trade: got filled at $16.61 few minutes ago.
Sold the position at $16.64 just now.
$.03 gain today.
5,000 shares = $150
After commissions cost of doing business.
Clear $130
15 minute chart: has three bars with higher closes, signal buy.
5 minute chart: three bars with higher closes, with only two of five bars making lower closes.
So, the 15 minute and 5 minute time frames, are matching up.
$16.50 short term bottom.
Pre-market trading volume: well over 1,000,000 shares, above $16.62 levels.
$16.50 to $16.55 target for entry this morning.
First 30 minutes of trading should give us clear sign with general markets direction, breath numbers.
But overall Bank of America looking good.
GL
Bank of America over the next few years will be over $100 per share.
Long term investment its sound.
Bank is one of the four horseman, of Federal reserve.
Now as for trading it on daily timeframe: today again should be interesting wild day.
Gl
NASA on high alert!
The impacting meteorites were stirred into Earth's mantle by gigantic convection processes. A tantalising target for future work is to study how long this process took. Subsequently, geological processes formed the continents and concentrated the precious metals (and tungsten) in ore deposits which are mined today.
Reports are coming out from Russia, there is several meteorites coking toward our planet.
Which means more Gold.
Adam and Eve were just babies, they almost were eaten by tigers, when they were two year old.
Amazing Adam and Eve grew up without parents.
Abe's raised them.
$16.61 battle
I don't observe any low risk trades with Bank of America today.
$16.63 is the breakout line.
Double bottom pattern will be retest of $16.56
I think odds favor another retest of $16.56
Its tough call from here.
Good luck
$16.56
Five wave down structure.
$16.73 high - $16.66 = $.07
$16.55 to $16.54 should hold for bullish outcome today.
I've caught $.08 today.
Both trades were with shorting.
$400 profit day.
Thanks Bank of America
Here comes the attack by the bears on $16.61
Lets observe how strong it is.
Go bears!
I'm just short term trader.
Bulls made new 30 minute high, shocking.
$16.73
But within minutes of making new high above $16.69
Volume spiked.
$16.73 will be Resistance ..
I caught $.03 today..
Looking for break og $16.61 before shorting again.
Bears must attack the $16.61
$16.61 line in the sand today
Bulls have to hold above.
Bears are going to attack now.
First 30 minutes set the daily high at $16.69
Second 30 minutes of trading failed to make higher high.
This set the stage for good short opportunity now.
Last eight minutes of trading, volume weak.
Will the gap open hold?
That's the question today.
Should be wild trading opening!
Third gap opening.. Maybe.
Three gaps?
Good short trade now.
$1.50 above its 50 dma.
Apple will be Titanic Ship of 2014
Books will be written about it.
Maybe even motion movie.
$150 per share.
Party over Apple fans.
Insiders are exiting ..
I don't one single insider buying shares.
Selling at the highs.
If the future is so great..why sell?
Insider Trading Relationship Date Transaction Cost #Shares Value ($) #Shares Total SEC Form 4
Riccio Daniel J. Senior Vice President Dec 31 Sale 554.20 3,066 1,699,177 9,192 Jan 03 06:36 PM
Riccio Daniel J. Senior Vice President Nov 20 Sale 517.39 1,996 1,032,704 0 Nov 22 06:29 PM
Maestri Luca VP, Corporate Controller Nov 05 Sale 525.65 2,490 1,308,875 0 Nov 06 06:35 PM
Riccio Daniel J. Senior Vice President Oct 31 Sale 524.86 1,997 1,048,148 1,996 Nov 01 06:40 PM
WILLIAMS JEFFREY E Senior Vice President Oct 16 Sale 501.09 1,843 923,516 317 Oct 17 06:33 PM
SEWELL D BRUCE SVP, Gen'l Counsel, Secretary Sep 23 Sale 489.17 12,314 6,023,698 10 Sep 24 06:42 PM
Cue Eduardo H Senior Vice President Aug 26 Sale 504.18 24,580 12,392,700 0 Aug 27 06:34 PM
Riccio Daniel J. Senior Vice President Aug 16 Sale 501.15 1,076 539,240 0 Aug 16 06:48 PM
Riccio Daniel J. Senior Vice President Aug 15 Sale 498.52 1,077 536,901 1,076 Aug 16 06:48 PM
Riccio Daniel J. Senior Vice President Aug 14 Sale 500.36 2,152 1,076,766 2,153 Aug 16 06:48 PM
SCHILLER PHILIP W Senior Vice President Aug 14 Sale 500.00 37,172 18,586,000 257 Aug 16 06:50 PM
DREXLER MILLARD S Director Jul 29 Option Exercise 157.62 32,562 5,132,324 33,533 Jul 31 06:32 PM
CAMPBELL WILLIAM V Director Jul 29 Option Exercise 10.19 10,000 101,900 11,961 Jul 31 06:33 PM
DREXLER MILLARD S Director Jul 29 Sale 449.11 32,562 14,624,057 971 Jul 31 06:32 PM
CAMPBELL WILLIAM V Director Jul 29 Sale 440.77 10,000 4,407,670 1,961 Jul 31 06:33 PM
OPPENHEIMER PETER Senior Vice President, CFO Jul 24 Sale 440.31 37,172 16,367,203 4,834 Jul 26 06:01 AM
WILLIAMS JEFFREY E Senior Vice President Jun 24 Sale 401.76 36,819 14,792,265 317 Jun 26 06:39 PM
SEWELL D BRUCE SVP, Gen'l Counsel, Secretary Jun 24 Sale 402.05 37,172 14,944,831 10 Jun 26 06:40 PM
WILLIAMS JEFFREY E Senior Vice President Apr 16 Sale 424.70 2,174 923,287 317 Apr 17 06:50 PM
GORE ALBERT JR Director Jan 15 Option Exercise 7.48 59,000 441,025 61,574 Jan 17 06:30 PM
Why are the senior insiders selling at these levels?
If Christmas sales were so great, why are they selling?
Just observe what's unfolding in Europe.
IMF which is the Federal Reserve of Eupope.
Is being told to take 10% of everyone bank accounts.
Every person who has any money in Europe, is having 10% of their cash taken by the government.
2014 Federal Reserve will take much more in flash crash operation.
The Federal Reserve claims they don't short the stock market.
That's been proven to be lie.
They do short the markets at certain periods.
Do not trust this market going into 2014
1974 + 34 trading years = 2008
34 year cycle is a mystery in mathematics.
21 year cycle is the counter cycle force in the mystery cycle.
Called 34/21 Mystery Ratio
1.68 golden ratio.
It will be mystery to most Apple investors, when it continues to trade lower.
Apple is currently overbought.
You want to be investing when its oversold.
Buy low, sell high.
First half of 2014: General markets going lower.
If you think the Federal Reserve with its QE programs solved the Great Depression Cycle.
Your not thinking.
History teaches no country can just print money, and their economy gets better.
QE programs did zero to alter natural laws of cycles.
Money printing and gave major banks, free trading money.
It gave the central bank Federal Reserve huge $3.7 trillion asset purchase.
11 million Americans are still out of work, wages are going lower still.
Great Depression cycle, its not run its full course as yet.
2014 will be the year of much pain....
Cash will be King!
2014 flash crash is coming!
Those with king cash in 2014: will get rich buying into the bottom of the flash crash.
Great Depression was false use of terminology.
Federal Reserve from 2008 has been using QE programs to solve our current Great Depression.
Federal Reserve for its existence can't keep buying assets.
Balance sheet at $3.7 trillion
They have to pass along those assets, public.
2014 will be huge challenge for debt equities.
If you like taking huge risks, 2014 is your golden year.
If you like buying high, then selling low..
Apple is your stock.
Just don't have any regrets when Apple stock sells off to $300 then $150 this year.
Observe the price charts, your buying high zone.
You should selling now.
Not buying.
Wakeup and think
Federal Reserve balance sheet stands at $3.7 trillion as of a Friday close.
Trillions not billions...
When the Federal Reserve started QE program, its balance sheet was at 700 billion.
National debt at $17 trillion
General market going to trade sideways to lower all of 2014.
With 20% odds of flash crash at anytime.
General markets are at the highest risk levels in six years.
Tech sector: Apple Inc. Can be compared to U.S. steel of 1932
Don't bite into hype of the tech sector marketing that the future is going to grow and the stock share price will reflect that grow.
Steel industry in 1932 continue to grow..but the number one steel producer stock crashed.
Why?
Six year cycle mystery..
Apple Inc. Vs United States Steel
United States Steel was trading at $220 per share, paying a rock solid $8.00 dividend.
Steel industry was looking like it would never end.
Six year cycle trend said " U S Steel was going to crash"
Every investment trust in the world, owned U.S. steel stock, it was number one stock in every money managers account.
Steel demand in 1932 looked awesome, orders keep growing, like Apple iPhone orders.
U.S. steel dropped in one day of trading from $220 to $20
Why?
When Apple stock keeps trending lower as its been doing from 2012 highs.
Just remember, its the mystery of the six year cycle trend.
Oct 2014 Apple will be strong buy.
Apple lost 80% of its in 2000
$36 high to $6.00 low
My mistake when typing $196
Every six years, Apple hits high then sells off slowly to its six year cycle low.
2012 is Apple six year cycle high.
2014 in Oct will be the next six year cycle low.
Given Apple monthly price pattern: wedge
Huge odds it will sell off to wave 4 pivot support.
$150 or 80% of its value from 2012 highs.
Why fight the trend?
The trend is your friend: six year trend cycle is saying, buyer beware..
If your bullish Apple.. Just maintain stop loss.
Don't ride it all the down.
I won't bet against the six year cycle trend.
By Oct of 2014
Apple stock price will be much lower than Friday close.
Why?
Six year cycle trend says so.
Apple 6 year cycle lows.
Everything works in cycles.
Observe your monthly chart...
Observe Apple price action with six year period.
2014 Oct will be the next six year low.
How many times in the six years cycles, has Apple lost 80% of its value?
Answer: twice
General markets opened lower on the first day of trading, it's been how many years since this unfolded?
Answer: 6 years
If your placing your bets that 2014 will be good year to invest in Apple..
Your betting against the powerful 6 year cycle record.
Dec 2013 Apple price action: doji candlestick
Jan 2014 Apple selling off.
Better respect cycles.
Those who don't respect 6 year cycle pattern.
Feel pain from the education lesson.
Good luck Jan 23
Way too early in the price pattern to have clear picture.
Apple Inc. Chart suggest its in bear market cycle.
$300 coming sometime in the first part of 2014
MACD weekly so far has failed to make higher high.
From technical perspective, profiting taking is unfolding with Apple shares.
Plus, company over 2013 reported $10.00 per share decline in earnings.
My analysis: Apple is only day trade stock now.
If you catch Apple at support levels, you might have good trade.
Second half of 2014: $150 per share
Trend is down for this consumer giant.