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LimeJuice2's Photo

LimeJuice2

Member Since 24 Jun 2008
Offline Last Active Today, 02:58 PM

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In Topic: Facebook Collapse Is A National Obsession

Today, 02:13 AM

Facebook is everyone's favorite punching bag right now.

http://www.nytimes.c...-more-than.html

In Topic: AAPL + GOOG holding up the nazcrack

08 February 2012 - 06:11 PM

Well, AAPL just kept running. It's looking like it could run straight to 500. forward PE is still only 10.10 while company grew eps 67% yr/yr last Q. Medium/Long term,AAPL could goto $750 and still not be overvalued, unless business conditions change, e.g. android phones start crowding out iphones and/or reduce price concessions from carriers to AAPL for the privilege of offering AAPL iphones. Right now AAPL has all the power and carriers have none.

Could this year be similar to 1999 when nazcrack ran up 100%? Valuations are actually lower than they were in 1998, but tech market is more mature than back then.

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In Topic: AAPL + GOOG holding up the nazcrack

07 February 2012 - 01:36 PM

AAPL has reached $470 level where it hit shortly after earnings were announced before it pulled back. If you bought the pullback on friday opex 10 days ago, you would have made 25+points. I'm thinking it could rest here for a few days. I am selling half position here to lock in some gains,and let the rest run in case AAPL decides to run straight to $500. Chart is still very strong.

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In Topic: Jobs Report Massively Crushes Expectations

03 February 2012 - 05:13 PM

TrimTabs Explains Why Today's "Very, Very Suspicious" NFP Number Is Really Down 2.9 Million In Past 2 Months

http://www.zerohedge...ion-past-2-mont

Charles Biderman notes that "Either there is something massively changed in the income tax collection world, or there is something very, very suspicious about today’s BLS hugely positive number," adding, "Actual jobs, not seasonally adjusted, are down 2.9 million over the past two months. It is only after seasonal adjustments – made at the sole discretion of the Bureau of Labor Statistics economists – that 2.9 million fewer jobs gets translated into 446,000 new seasonally adjusted jobs." A 3.3 million "adjustment" solely at the discretion of the BLS? And this from the agency that just admitted it was underestimating the so very critical labor participation rate over the past year? Finally, Biderman wonders whether the BLS is being pressured during an election year to paint an overly optimistic picture by President Obama’s administration in light of these 'real unadjusted job change' facts.