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Comments
I recently posted that it makes sense to make moderate purchases of AAPL when its share price is down. In addition, I suggested that if someone owns a whole lot of shares they should consider selling a little of the top cream at high share price spikes, and then repurchase at dips.
I have been slowly buying AAPL shares during the recent dips, and I suggest that you do the same. You don't have to roll the dice all at once as you did previously. Just accumulate shares at good prices and hold them. This is the only way to own AAPL at this point.
I am not just saying this, as I am actually doing this myself. I am very moderately buying AAPL shares within the $375-$385 price range. If it goes lower than that, then I would be a more aggressive buyer. If it should spike, I would probably sell off a small number of those shares and wait for another opportunity to buy them back again for a lower share price.
As I write this, I now own a moderate number of shares (could be more or less later, depending upon the price, as I have buy and sell limit orders in place)... not a ton, but I am carefully building my position, as I have indicated above. I really think you owe it to yourself to consider this... perhaps Gary should do this also, because he has shown interest....and the three of us can compare notes next year at this time and see where we are at. I suspect we would be glad we did this together.
TM
I`m feeling ,as you did, several months ago about aapl.....If a person thinks it is a worthy holding, then purchase an amount of shares that is suffficient and go on about life...
There is something `fishy` the way the stock trades, and I personally am not going to purchase any unless it is near earnings report, and then just for a trade....
I was with my grandchildren , and they all have apple products, so apples future is as bright as ever, until the fad changes, vs something like ibm, which has a better model for the long term, that would be what I would be more happy with
I swear we all have been spooked at one time or another ....writing about apple....I just don`t trust my instincts with it, but do agree with your analogy on how to profit from it..I`m just tired..and this whole market syndrome is tedious at best.... now if the market plunges and apple appears a bargain I`l change with the `wind` Tony ps that could be any moment the way thing are
I needed to stop by Scottrade office today, and I was talking with some guys over there, and they think that there is a fairly good chance the whole global market could blow up soon, and even if it doesn't, there is so much fear that there are buying opportunities as a result.
So, I have bought a moderate amount of AAPL, and if it goes down more I will take advantage by buying more... and HOLD all those shares until there is a reason to sell.
If Apple reports bad numbers next round (which I think is unlikely but possible), I would then sell my AAPL shares and be through with
Apple. If the numbers are good, I will continue to be invested in Apple.
That is why I still think you should consider buying a very moderate number of shares now instead of later.
TM
It`s always nice to get down there, right in the middle of the city, as it is such a vibrant place.....I get a nice perspective from all the people I see, and usually get a good feeling about what the economy is up to....Ironically the real estate market is a leading indicator for most of the `East Coast`....I`l let everyone know my observations
Sometimes money just needs to be forgotten about, and frankly no matter how well I were to do, the taxes take a big chunk of any gain, and then if I were to loose, I get no write off...Rigged game...Rigged market...Tony
PS
It has the clearest screen of any device I have played with.
The Nook Color and Nook Tablet's gorgeous displays can can be viewed in direct sunlight, which is a great feature. Unfortunately, the iPad's display cannot be viewed very well in sunlight. What about the Kindle Fire?
BTW, I looked at the iPhone 4S up close today (as a Christmas gift for my daughter), and I also looked at the Samsung Epic 4G (for myself). WOW! The Epic is off the chart amazing. Side by side with the iPhone, feature by feature it is superior in almost EVERY way, by a huge margin. Couple of iPhone advantages, but Sammy's Epic just crushes the iPhone, and everything looks better than anything I have ever seen on any phone, due to it's amazing 4.5" Super AMOLED display. You mentioned wanting to get a smartphone recently... well, you might want to look at the Samsung Epic 4G. I haven't seen the new RAZR yet, but I will bet it's a real beauty as well.
TM
Keep us updated on your thoughts about it...
Thanks!
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So far, there have already been about 1,000 reviews of the Kindle Fire, and the concensus is clearly lukewarm. It took about 2 years for the iPad to get that many reviews! So, it will be fascinating to see how the new Nook Tablet stacks up. The Nook Tablet's specifications show it is packing more than the Kindle Fire, but we'll have to see if it's superior specifications are worth the additional 50 dollar price tag (although they are supposedly discounted to new B&N members), and if the Nook Tablets's extra punch truly proves itself in its reviews.
Good thing is that these comparison reviews will be forthcoming any day or even any moment now... plenty early enough to pick the better product in time for your wife's birthday and one for my wife's Christmas presents. I can hardly wait to read the reviews and comparisons... depending on those reviews, she will have either a new Kindle Fire, or a new Nook Tablet.
Great idea, thanks again!
TM
I am considering a smartphone. At this point I don't think I would settle for less than the new Android 4.0. The reason being is with the Samsung Galaxy Nexus and that operating system you can instantly link to your tablet. If you like the Epic I think the Nexus with the latest Android system will blow you away. The kicker is it will only be available on Verizon to start. If that is not your carrier of choice there will be a wait. Check it out.
http://www.google.com/nexus/#utm_campaign=us&utm_source=ha-bk&utm_medium=sem&utm- _term=%2Bgalaxy%20%2Bnexus
Just reading a few of the 182 1* reviews. I can see that people expect a lot from a device today. I am sure the complaints were all legitimate. I think it will depend on what a person expects when they open the box. I had no preconceived ideas, so I would have been one of the 614 that give it a 5* rating. I am going to AZ for a week at my sister's place. I will get more chance to play with it. I did download a couple movie trailers and they seemed very smooth and watchable. Not likely I would use it for that. Mostly email and web browsing. I did notice some kindle books work great and others not so great. I cannot believe how small I can go and still read it clearly. Much better than my 14" Dell Laptop.
I was not able to put in my password to try it with Scottrade. I think you have to have the mobile App.
All that said. It is worth a try and Amazon has the best return policy in the business, with freight paid both ways and NO restocking fee.
I just read the WSJ review, but it is worthless, IMO, because it is only a reprint of the ZDNET review which is just one guy's impression and he seems quite biased in favor of the Kindle... if you watch the video, every time there is a glitch with the Kindle he completely ignores it!... and moves on to something else. I still want to read some more reviews, but so far I am leaning slightly towards the Kindle Fire.
Please keep me posted as soon as you are able. I want to place my order soon.
THANKS!
TM
EDIT... If Apple offered a 7" iPad, I'd order a dozen of 'em. Why doesn't Apple just take over the ENTIRE market? They could easily do so! Sometimes they are idiots. I posted earlier that I compared the iPhone 4s yesterday, and it sucks by comparison to some of the high-powered Android phones. I have to assume that the iPhone 5 is the one that's going to really be the game-changer.
The Kindle Fire is a well priced low end tablet but in reality it's nothing more than an Amazon storefront. It is designed to get the users to utilize Amazon as their primary source for video and audio. One reveiwer gave Amazon high marks for being able to charge customers for easy access to their products.
I don't intend to use native email on the tablet since I am in love with my HTC Raider.
I think so. If not, what the heck would it take?
TM
Your post is spot on and in complete agreement with what we heard this week at the luncheon with our financial planner. He made this suggestion for Greece. Dump the Euro, go back to the Drachma at 50% of the Euro. It would immediately make Greece a bargain for the tourist. Greece really does not offer much to the World outside of its wonderful tourist attraction. He also concluded the volatility in the market will be with US into the foreseeable future. He suggested buying the stocks with good corporate earnings as most are undervalued.
I asked about electronic trading. His only comment, it is here to stay. His visit this year to the floor of the NY stock exchange was very revealing. Not like in the past with all the yelling and screaming orders. Just silent electronic trading. Sounds like they have taken all the fun out of being on the floor. He is of the opinion to buy good stocks and hold them. He did mention Warren Buffett's big buy into IBM as an indication of what may be undervalued.
Just as an observation. I am nearly 69 and was one of the youngest people out of about 150 at the luncheon. He always asks the oldest client to stand up and this time a 96 year old gentleman stood up. He didn't look a day over 90.
I don't know what percentage of German exports are snapped up by the Greeks and I can't believe it is huge, but if they do escape, I can't see that alone breaking Germany. A French or Italian collapse would hurt them a lot more. Really, the time for the EU has come and gone. Time to dump it. Germany will still be able to export - the rest of the region still doesn't have quite the engineering knack or work ethic.
I can't see a logical reason why a Euro collapse wouldn't aid the US greatly - even with all the problems, the US and its currency is still the most stable thing out there. I also can't see a logical reason why the Euro is valued so highly, however. But in a system controlled by speculation and manipulation, logic isn't of value.
Greece is the tip of the iceberg. Once one country does it you'll see a domino effect in the others and ultimately it could carry all the way to France. That would end the euro. If the euro wasn't in existence the northern Euopean country currencies would all be more expensive (relative to the euro) making their exports a lot more expensive. Anything that threatens the euro threatens the German economy, which has already slowed considerably as it is. So right now northern Europe has all the benefits of a cheaper currency thanks to the euro but long term if they d'ont bail out the poorer south they will strangle themselves.
NY Times:
http://www.nytimes.com/2011/11/19/business/global/bank-chief-rejects-calls-to-re- - - scue-euro-zone.html?ref=business
Maybe Germany should dictate working hours and entitlement benefits to bailed out nations - what's good for the hardest workers should be good for all. Or, resentment from that might hasten the decline of the Euro.
I like the Fire, and it is a great bargain, but certainly not something that I really needed or had to have. I will use it mostly for email, web browsing, and possibly movies while traveling, etc.. Since it is wi-fi only it is not as portable as my android 4-G. If you are mobile you have to find a hot spot to access the web. My 4-G can operate as a mobile hot spot, but then I can just use my phone instead of the Fire.
As far as how well the Fire works, I have no complaints. I took to it really fast because of my previous experience with the kindle, so I had no trouble syncing with my other electronics and email. The thing is really well made and sturdy.
One nice feature is that I can now read in bed without a book light and won't disturb my wife. Like any computer or cell phone it tends to dim out in direct sunlight. My old kindle has the advantage there since it uses e-ink technology.
I am happy with it, but it is certainly not something you have to have.
2013 LX 570 2016 LS 460
Again, at $200. the Fire is hard to turn down, but other than watching movies, etc. it doesn't bring much to the table that I can't already do.
Earlier this year I tried out an ipad and felt the same way about it so I returned it. I could not justify $600. for a tablet...but at $200. I can. Especially since the fire is a pretty neat little gadget.
2013 LX 570 2016 LS 460
But, like you, my 4G phone does everything, so what's the point of a tablet? When it boils down to it, even though it can do many things, the Nook Color & Nook Tablets's best feature is a simply being a great e-reader... day or night, inside or outdoors.
The best mobile phones now offer 4.5" displays. They are absolutely gorgeous displays, such as the glorious Samsung AMOLED display. I firmly believe that if the best phones were to pack screens in the 5" to 6" range, they would be the ultimate mobile device and they would make the tablet practically unnecessary. They could do everything!
TM
Amazon is not like the `fresh blown snow` They have alot of tricks up their sleeve so I am on guard...
I`m trying to get the ipad to download the e book part, and have been having a little trouble...I do get a good Verizon signal here in Miami, so that may free me from one set of ATT phones and internet connections, or sixty dollars a month....I like buying twenty dollars a month at a time, and then only when needed....
Economically I can not tell anything yet, but there are no big cranes building buildings A few years ago there were more than thirty buildings going up all at once, so that does tell you things have stopped for a while.....There are huge plans in the works, so I guess in a year or so I`l be able to report the coming `boom`
Our government's wonderful "Super-Committee" can't even wipe their own butts. They are as pathetic as I predicted.
TM
I am in AZ this morning and just took the Kindle Fire out into the bright sun. It is very readable, much more so than my Dell laptop I have with me. I still am not sure I would be able to replace my laptop keyboard for typing fast.
Yes... market is a mess... very sick & broken... nothing like any of us predicted or expected at this point in time... although I have had enough doubts to be out of the market, with exception of a moderate amount of AAPL, and even AAPL is a big loser.
I may possibly NEVER trade stocks again after this.
TM
Now the stock market is forecasting doom and gloom......I choose to believe my eyes, and as things take a fairly long time to plan and execute, I don`t see how this can change very quickly....On the other hand the manipulated stock market can change in a minute......If the playing field were to be leveled, I think it would reflect the stronger economy that is present everywhere I go..Market is undervalued as Jflix alludes to....I agree
Tony
2013 LX 570 2016 LS 460
After I figured it out it was easy. Not as easy as using a Mouse though.
TM
Looks like I can
OK, I'm sold. Gonna order a couple of 'em.
Thanks.
TM
2013 LX 570 2016 LS 460
Also, I am reconsidering that I might get an iPhone, even though it is inferior to the latest Android phones. The reason is the data backup and synchronization are important and valuable features. The Android phones just don't have anything near as good. I'm not in a rush to decide, but I am definitely thinking about it.
TM
Laurasdada: 75% of the time, lousy, Bob. 20% of the time, I'm OK with it.
BC: What about the other 5% of the time?
LD: Well, it's just nice to belong.
BC: How do you feel that the Board members here can rectify this situation?
LD: I'm not greedy, Bob. But, if Tagman is going to order a few Kindle Fires, I feel he should redistribute at least one of them to the 99% here. Otherwise, I plan to occupy The Stock Market and Investing board!
BC: No job, eh?
LD: Oh, no. Thankfully, I'm employed. I'll just work remotely. You know, bring my laptop, Blackberry and Flux Capacitor to heat the ol' LL Bean tent.
BC: Interesting, you do sound like the 99%. And, what is your message, what do you hope to accomplish?
LD: It's simple, Bob. Um, well. I believe that... You know, successful business people are, um... Actually, the folks on this board seem like really lovely, hard working, successful people. Maybe if I studied and learned from them, I could elevate myself to the 1%.....Nah, just send me a Kindle Fire! Better yet, a Toshiba Thrive 7".
I'm sure there's a messge in here somewhere. Hey, I got one! If you think real hard, maybe we can stop this rain! No rain, no rain, no rain...
'21 Dark Blue/Black Audi A7 PHEV (mine); '22 White/Beige BMW X3 (hers); '20 Estoril Blue/Oyster BMW M240xi 'Vert (Ours, read: hers in 'vert weather; mine during Nor'easters...)
It will provide a bath for those, uh, people...
As an aside, what are folks' opinions on gold and silver right now?
"If you think real hard, maybe we can stop this rain! No rain, no rain, no rain... " Can anybody name that tune!
Sorry, Scott. I'm here merely for entertainment value. Hey, everyone has their definition of "entertainment!"
'21 Dark Blue/Black Audi A7 PHEV (mine); '22 White/Beige BMW X3 (hers); '20 Estoril Blue/Oyster BMW M240xi 'Vert (Ours, read: hers in 'vert weather; mine during Nor'easters...)
Keep It Up We Need It
Tony
Our mobile devices have become productivity tools. It is ridiculous to think that all the data and zillions of settings and preferences within those apps doesn't necessarily transfer to another device.
If it CAN be done (backup and completely transfer all the individual app's settings, preferences, and associated data to another phone), I am certainly not aware of it and neither are any of the guys at the Sprint store.
TM
Android Beam
Google is already pushing NFC as a mobile payments system, but Android Beam uses the short-range wireless technology for data transfer instead. Given the speed and proximity limitations, it’s being positioned as a way to quickly exchange links – such as to webpages, apps, YouTube videos and the like – along with contacts and directions between two phones.
Obviously each phone has to support NFC, which meant we were unable to test it on our Galaxy Nexus review unit, though if we had a Nexus S we could apparently transfer the data as a collected tag. However, having tried it during previous press access, we know it works: simply hold two phones back-to-back, tap the “share” button on-screen, and the data zips across.
http://www.nfcworld.com/nfc-phones-list/
texting... All the dozens of text communications between myself and the other parties. It's one thing to be able to sync and transfer the names of the individuals, but it's really frustrating to not be able to transfer the conversations themselves.
notes... I make myself notes sometimes, and they are important or I wouldn't make them. Sometimes I need to keep that info handy on my phone. It's one thing to transfer the note "app", but quite another to not be able to backup and transfer the contents of those notes, which is what I don't want to lose.
Call history... never backs up or transfers from my experience.
game progress... sometimes I am in a place where I have to wait or just hang around. When that happens, I like to take a few minutes and play a game on my phone. I have several games that I have progress that has been achieved over a period of many months. It's simple to transfer the game app, but I think it sucks to not transfer all the game's data (progress).
settings and preferences... I have a ton of customized settings and preferences on my phone, and that's one of the reasons I like Android. Just for example, I have an audio manager app that changes all the sound preferences on my phone automatically throughout the day, so that the vibrate, alarm, notification, ringer and media volume and sound settings all change automatically throughout my day and are on a schedule that I have set. It took a fair amount of time to create and save those audio "profiles" and then take the time to create schedules for them to perform exactly how and when I like them. I hate the idea of loseing all those settings and preferences because they won't transfer. Same thing with the display, which I have taken a lot of time to setup just the way I like. I have my preferred widgets, icons, apps, shortcuts, and folders all set up just the way I like. It's a shame to think that I would have to take hours and more realistically many days to re-construct all the settings and preferences on the phone to be the same.
That's what I'm talking about.
TM
Regards,
OW