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FAS traders are showing a little eagerness for a rally. Volatility has risen.
Will something significant happen in the final 1.75 hours today?
TREND1, I suspect this works for walkers as well as runners:
http://reviews.cnet.com/8301-19512_7-10272535-233.html
. . . of course, a person could also just keep a notebook, count and chart "blocks walked" per day . . .
Regular walking works great in conjunction with a diet.
No follow through on the FAS move in after hours Friday; hence FAS remains Down.
Lots of trading ahead . . . let's see what happens later today.
Steve Jobs and Blogger in Heated Email Exchange:
http://www.macrumors.com/2010/05/16/steve-jobs-and-blogger-in-heated-email-exchange/
There are a number of Apps available. Go to search at the App Store and search for "pedometer."
PS: One can add to the Home Screen an icon for any Stockcharts page/chart.
Press add for any page in Safari, then "Add to Home Screen."
Yes, everyday, AM and PM.
Works excellently.
My $SPX daily chart trading model is ambiguous at the present time, neither clearly Up or Down. So it needs more data for clarification. We'll get that this week, I suspect.
How the Apple iPad Was Dreamed Up -- in 1988:
http://www.pcworld.com/article/196367/how_the_apple_ipad_was_dreamed_up_in_1988.html
Well, as you're very much aware, FAS intraday didn't turn Up yesterday.
However, it has turned Up in after hours trading today. That will become an official signal if it carries through into regular hours Monday.
Lots of stuff on sale today. I was a buyer . . . and everything bought is positive presently. Let's see what happens chart wise in the days ahead.
The chart always bats last and always bats a thousand.
The key for those of us here in the US, of course, is that lovely AT&T does not allow it.
FAS is approaching turning Up intraday.
The computers are getting wise to what's going on with stock action on the Daily chart?
Android 2.2 to offer tethering:
http://tech.fortune.cnn.com/2010/05/13/android-2-2-to-offer-os-level-tetheringhotspot/?source=yahoo_quote
AAPL will likely need to include a similar feature in the iPhone OS to compete successfully.
FAS: Intraday, Down since about 1000 (NYT).
FAS is now nearing an Up signal on the daily chart. Could happen as soon as tomorrow or Friday.
Or, it could not happen . . . but the 2 minute warning is out.
$SPX is even closer. One more step and it's Up.
Here come the Bulls!?
Watch the action . . . let's see what happens.
FAS: Weak Up trend continues . . . but for how much longer?
If AAPL's exclusive contract with AT&T runs to/through 2012 and Android continues to gain market share how will/might/could this hurt AAPL?
FAS: Trending Up since the opening.
Will it move higher into the close this PM?
The iPad Travels the World, via eBay:
http://bits.blogs.nytimes.com/2010/05/08/the-ipad-travels-the-world-via-ebay/?ref=technology
I appreciate your opinion. Thanks, Bruce.
Bruce, Is the "for sale" version of ASC significantly better than the free version?
I'm flat FAS. The long position sold was entered Friday AM.
Today will be interesting to watch, maybe day trade something, we shall see.
The Fanny Mae situation and the continuing mortgage mess has me concerned.
In addition: What's next for Europe? There's a lot of uncertainty here. Confusing.
Sold FAS position about 0940 (NYT)
Intraday model is suspended for present, no short term signals for market today.
I agree regarding the 320 EMA.
For my part, the S&P500 needs to start forming a cup next week or I will be unloading some long term positions.
FAS: Up since about 0945 (NYT). Bears watching.
I'll be away for rest of today.
FAS: Down, about 1620 (NYT).
Loss, now flat.
FAS: Up, about 1550 (NYT).
Caution.
Tough day for the Bulls.
FAS . . . well, you know the direction.
FAS: Down from about 1400 (NYT).
High whip potential today.
FAS: Trending Up since about 1015 (NYT).
Direxion split some securities today. Not all chart services are adjusted at this time.
FAS: Continues Down with possibility of quick change Up in premarket Wed. depending on events overnight, European debt crisis, Asian market action, futures movement, etc.
. . . day trading until swings appear more predictable.
Goldman (GS) up over 1% today.
EDZ - Direxion Daily Emr Mkts Bear 3x Shs(ETF) (NYSE)
Up 13.5% today, 2.7+ million shares.
No position, but considering.
Direction is fine for me.
I like time of direction change; it can easily be compared between different time frame charts and helps me understand and tweak my trading models.
FAS: Down, premarket and into regular hours.
FAS: Sold position just after regular hours close, 1605 (NYT).
Direction is still Up, but could go either way early Tuesday AM.
The chart will speak to us then.
I want to see what the new iPhone looks like and if it's available with Verizon. AT&T is not strong in my office area in Berkeley.
I recently bought a new notebook (ASUS UL20 A) which is excellent for what it does. The iPad, IMO, is another class of device, excellent in many ways, versatile, nearly instant on/off, terrific screen, secure, etc. I will eventually buy one, but it may be generation 2.
Of course, there's always the chance an OS upgrade for the iPad, or a killer app, will grab me like a wild Black Hole.
I'm obviously very impressed with the device; my mind sometimes runs with all the developmental possibilities and applications for it in the years ahead.
;)
I think they're out of the 16G 3G, as of Saturday.
Call to confirm what they have in stock.
Survey finds 16GB iPad 3G most popular, not viewed as PC replacement
"A survey of customers in line to buy a 3G iPad in New York on Friday found that more than half planned to purchase the least expensive 16GB model, starting at $629, and almost none planned to have the iPad replace their traditional computer..."
http://www.appleinsider.com/articles/10/05/03/survey_finds_16gb_ipad_3g_most_popular_not_viewed_as_pc_replacement.html