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The Really Useless Thread

  • #126,681
  • Dec 6, 2012 3:30am Dec 6, 2012 3:30am
Quoting kenfen69
What are these people doing? Absolutely crazy that it can get that far out of control. Mind you, APPL lost over $35 billion in market cap yesterday...largest loss in absolute terms in history. More than the market cap of BlackRock and Morgan Stanley!

Still...$12 billion red ones in a bank the size of Deutsche? Pretty frightening.
What happened in APPL I call it reaching Maturity. There was not one single major Fund, Investor, Trader, Speculator, etc not holding Apple shares. It only took a couple of big players taking Appl from their portfolios to make the stock look for a more fundamental value.

On the technical side (you prolly know better than me) it is clear that Jobs left a a very detailed schedule to follow. However, it seems to be lacking that extra edge to adapt to the environment and competition....with his dictatorship genius gone Apple seem to be just in cruise mode now ...which is never a good idea for a leading company. Plus with a closed source with hyper controlled environments for their product in a ultra modern open world, the odds of not making the same mistake that Microsoft did a decade ago were very low ...so far they are making the same mistake when Msft was in their peak....suing Samsung and the other thousand of small companies around the world it only proofs this point....

They need a massive change of north. A new fresh CEO to put those genius engineers they have back to work, difficult especially given the almost dictatorship environment in APPL ...meanwhile will see a slow path to find a more realistic fundamental value with the common ('cause the solid financial structure of appl) huge spikes up when the markets in general start trending.... Let see in 15 years if Appl is trading at the same levels as Msft .....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #126,682
  • Dec 6, 2012 3:36am Dec 6, 2012 3:36am
another letter to AU, might interest some:

THURSDAY, DECEMBER 6, 2012 - DEAR AUSTRALIAN DOLLAR - We all know you are headed towards 0.9000 (against the buck) over the coming weeks. Why don't you just spare us the added drama and be on your way? Sure, you could rally some more up towards 1.0600, and even 1.0700, but you have already done a great job over the past few years and we won't mind if you chill out a bit. Your country's economy continues to show signs of cooling (despite what some analysts might say), and you have just come off a week that produced very little to get excited about, with your central bank cutting interest rates, and economic data unimpressive to say the least. Retail sales, current account, building approvals, and PMIs all disappointed, and even the slightly softer than expected GDP was nothing to write home about.
DON'T BE SO SHORT-SIGHTED - Sure, your Treasurer was out talking up the latest GDP as a triumph relative to the rest of the global economy, but honestly, can't you see that slowly things are moving in the wrong direction. You might think your economy is ahead, but the reality is that it is well behind the curve. Other central banks have been implementing cutting edge cooler alternative forms of monetary policy accommodation to combat the global slowdown, while your central bank has been slow to react with boring old school rate reduction measures. Sure the economy in the west is holding up alright (maybe), but have you taken a look at the rest of the country. The outlook is far from pretty. Sure the growth in the mining sector has been astounding, but what about some balance? How are the other sectors doing? What happens when the mining sector starts to show signs of a bubble? What happens when China demand just isn't there anymore?
WE KNOW HOW TO READ BETWEEN THE LINES - OK...so you say this latest employment data is impressive? Cmon man...have you really taken a look? While I do respect the ability for analysts to consistently set you up to rally with very off the ball data estimates, it just isn't working anymore. True, the headline employment readings were impressive. But we know better. We know how to read between the lines. The reality is that your employment numbers were if anything, extremely disconcerting. The rise in jobs was all part-time, while full-time (which is what is truly important) actually dropped by 4.2k. Meanwhile, the unemployment rate came down, but this is probably not for any good reason. Considering the drop in full-time employment, and factoring the decline in the participation rate, the lower unemployment just might mean that those looking for jobs have lost hope and are discontinuing their searches.
WHAT YIELD DIFFERENTIAL? - Now I know, you will tell me that despite all of this you are a risk correlated asset and offer an attractive yield advantage. But brotha cmon....that differential aint looking so juicy anymore. No one is jumping through hoops for a 3% yield on a currency that will likely decline at a much more aggressive rate. So do your country a favor, and start your trek back down the mountain. I'm sure it will only help to turn your local officials on to the fact that the economy might not be in such great shape after all.
LET'S GET BACK TO REALITY - I remember when your cousin the Euro was so strong just a few years back. There were so many companies at that time showing incredible bottom lines to their businesses. The trouble is that these companies forgot that their profitability unfortunately (in many cases) had very little to do with actual performance and everything to do with the benefit of the currency appreciation. I think you are now doing the same disservice to your economy. Your officials are convinced that your country is relatively immune to the global crisis (citing your strength), and they believe that the local economy is running full steam ahead. But what happens when you pull the reigns in a bit? Perhaps certain humbling realities might set in that will allow market forces to take their proper course.
Thanks so much for taking the time to read this and I very much look forward to your response. PS - I love your people! Please tell them to take advantage of your strength asap and start to invest aggressively overseas.


Source: Joel Kruger
Don't be a hero. Don't have an ego. Always question yourself
  • #126,683
  • Dec 6, 2012 3:39am Dec 6, 2012 3:39am
Quoting kenfen69
Nice catch, Arch! Like a well greased MaSheen!
watcha ken, it'll prolly follow through now as i'm out...

got ecb and dragass up later, so not expecting anything earth moving from e/u this morning, and will be on my way to work during the data release and pc, so unlikely i'll be trading it...

shitty spanish yields yesterday, but seeing the comments regarding potential spanish bailout as risk positive, so reading the sell off as a good old fashioned tree shake and wouldn't be surprised to see euro breaking to new highs to close out the week. not up on the latest fiscal cliff developments mind. could be wrong, let's see...

edit- may possibly look to fade the intraday move around 90 (50 pip move off the low) but not sure...

edit- also nfp in the mix tomorrow...
  • #126,684
  • Dec 6, 2012 3:42am Dec 6, 2012 3:42am
Quoting sisse
What happened in APPL I call it reaching Maturity...
Agree with all of that, mate.

Definitely in cruise mode. Reaching the top must really come with mixed emotions, because once there as convincingly as they made it...there's really only one direction to go. Only question over history is, how unceremonious will the fall be?

They need another iPod, iPhone, iPad (<-- a lesser extent) global hit. Their television plans seem to be the next possible chance at it, but they're still a ways out on that end. Having a hard time getting studios on board. The same thing happened withe the iPod. The music industry went into kicking and screaming. In hindsight, the iPod/iTunes nearly single handedly saved the music industry. It was hemorrhaging at that point.

Anyway...maybe they will get another kick at it. Will be interesting to see how far we drop before they're ready for the next attempt.
  • #126,685
  • Dec 6, 2012 3:46am Dec 6, 2012 3:46am
Quoting USD-Bear
another letter to AU, might interest some:
Quiet the trend of late!

Fine read...thanks Bear!
  • #126,686
  • Dec 6, 2012 3:47am Dec 6, 2012 3:47am
Quoting kenfen69
Agree with all of that, mate.

Definitely in cruise mode. Reaching the top must really come with mixed emotions, because once there as convincingly as they made it...there's really only one direction to go. Only question over history is, how unceremonious will the fall be?

They need another iPod, iPhone, iPad (<-- a lesser extent) global hit. Their television plans seem to be the next possible chance at it, but they're still a ways out on that end. Having a hard time getting studios on board. The same thing happened withe the iPod. The...
If you ask me product wise ...they need a new revolutionary desktop/notebook ...in time of changes you need to look at you roots...Apple has forgotten about his core business ...like Koday with digital cameras ...Google, Amazon, Samsung or even Msft launching an attack in their core business can be deadly....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #126,687
  • Dec 6, 2012 3:49am Dec 6, 2012 3:49am
Quoting FibbinArchie
watcha ken, it'll prolly follow through now as i'm out...
The way of the Bastard!

Quoting FibbinArchie
got ecb and dragass up later, so not expecting anything earth moving from e/u this morning, and will be on my way to work during the data release and pc, so unlikely i'll be trading it...

shitty spanish yields yesterday, but seeing the comments regarding potential spanish bailout as risk positive, so reading the sell off as a good old fashioned tree shake and wouldn't be surprised to see euro breaking to new highs to close out the week. not up on the latest fiscal cliff developments mind. could be wrong, let's see...

edit- may possibly look...
Have an order at 3107, but may put in another, low to mid-90's. Will have to see on approach.

Play safe, mate. Could be a volatile close to the week.
  • #126,688
  • Dec 6, 2012 3:51am Dec 6, 2012 3:51am
Quoting kenfen69
The way of the Bastard!



Have an order at 3107, but may put in another, low to mid-90's. Will have to see on approach.

Play safe, mate. Could be a volatile close to the week.
agree with that, still a lot of crap up in the air, we've yet to see how it will land, thinking usd side may be in the driving seat into year end...
  • #126,689
  • Dec 6, 2012 3:53am Dec 6, 2012 3:53am
Quoting sisse
If you ask me product wise ...they need a new revolutionary desktop/notebook ...in time of changes you need to look at you roots...Apple has forgotten about his core business ...like Koday with digital cameras ...Google, Amazon, Samsung or even Msft launching an attack in their core business can be deadly....

sisse
gotta be a long term hold/buy, they're making a mint and plan to open another three large facilities in the uk over the next 12 months...

we had our busiest day ever on tuesday at the hemel site (one of the smaller ones), we processed over 240,000 units on the day... amazon make on average 20% per sale (but not sure if that's net or gross), in any case mr amazon is pissing himself all the way to the bank...
  • #126,690
  • Dec 6, 2012 4:00am Dec 6, 2012 4:00am
Quoting FibbinArchie
gotta be a long term hold/buy, they're making a mint and plan to open another three large facilities in the uk over the next 12 months...

we had our busiest day ever on tuesday at the hemel site (one of the smaller ones), we processed over 240,000 units on the day... amazon make on average 20% per sale, but not sure if that's net or gross, in any case mr amazon is pissing himself all the way to the bank...
Amazon is brilliant it has very bright and solid years ahead...we are in a deep recession in the last 4 years in their main markets, imaging when it pick up and look for those untapped emerging markets ...However, not sure that the Kindle with last for that long ....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #126,691
  • Dec 6, 2012 4:02am Dec 6, 2012 4:02am
Quoting sisse
If you ask me product wise ...they need a new revolutionary desktop/notebook ...in time of changes you need to look at you roots...Apple has forgotten about his core business ...like Koday with digital cameras ...Google, Amazon, Samsung or even Msft launching an attack in their core business can be deadly....

sisse
Indeed...would love a new desktop. Enough with the toys...bring some actual tools that you were known for.

While not a huge $ market...Audio, video, graphics houses are screaming for new machines. They're starting to jump ship. Its a pity, because that was their core market for a long time. PowerMacs...even up to earlier MacPros. Those machines were fearsome processing animals at the time. It was a rock solid core user base that bought all their other toys as a spinoff of having a solid user experience with their quality. Remove that core, and things start to rot.

They certainly have a LOT to fear in Samsung...particularly because they're one of their main suppliers, too. Everything they produce, their chief rival has a hand in on manufacturing from the ground up. Doesn't take a rocket scientist to see a bit of a problem there. Certainly gives Samsung a bit of an edge. They get to skip the whole corporate espionage/dissemination thing...and get paid for it, too!
  • #126,692
  • Dec 6, 2012 4:03am Dec 6, 2012 4:03am
Quoting sisse
Amazon is brilliant it has very bright and solid years ahead...we are in a deep recession in the last 4 years in their main markets, imaging when it pick up and look for those untapped emerging markets ...However, not sure that the Kindle with last for that long ....

sisse
yeah, kindle is the poor man's ipad, it's a piece of shyte in comparison, but we're actually shifting quite a few of them...

edit- that said, the hd fire is actually a third generation design, so it's proving to have at least a little longevity thus far...
  • #126,693
  • Dec 6, 2012 4:12am Dec 6, 2012 4:12am
Quoting FibbinArchie
yeah, kindle is the poor man's ipad, it's a piece of shyte in comparison, but we're actually shifting quite a few of them...
Lol ...we'll as you know the Brits sometimes like to copy American trends just for the sake of consumption....technically look like a US short term based bubble like they did with the the Blackberry...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #126,694
  • Dec 6, 2012 4:16am Dec 6, 2012 4:16am
Another in there. Same size (wee)...

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  • #126,695
  • Dec 6, 2012 4:18am Dec 6, 2012 4:18am
Quoting sisse
Lol ...we'll as you know the Brits sometimes like to copy American trends just for the sake of consumption....technically look like a US short term based bubble like they did with the the Blackberry...

sisse
i think tablets are pretty pointless anyway, laptop and iphone do just fine for me...
  • #126,696
  • Dec 6, 2012 4:22am Dec 6, 2012 4:22am
One is funny...the other kind of sad.

Quoting FibbinArchie
halo seniors, where going is da yurow?
Quoting chamoknet
where the EURO is going ?
  • #126,697
  • Dec 6, 2012 4:25am Dec 6, 2012 4:25am
Quoting FibbinArchie
i think tablets are pretty pointless anyway, laptop and iphone do just fine for me...
Yeah...not really my thing either. I had an iPad, but it got nicked. Have never replaced it.

Maybe if I had children...they certainly seem to LOVE it.
  • #126,698
  • Dec 6, 2012 4:26am Dec 6, 2012 4:26am
Quoting sisse
If you ask me product wise ...they need a new revolutionary desktop/notebook ...in time of changes you need to look at you roots...Apple has forgotten about his core business ...like Koday with digital cameras ...Google, Amazon, Samsung or even Msft launching an attack in their core business can be deadly....

sisse
Tim Cook is heading the wrong way, for sure.
I don't see a way to improve the hardware any further... if I did, I'd be employed there, wouldn't I?
Looking at their software, they are focussing on fashion-victims that use their devices to be cool, not to work with them. That's what Jobs never intended. He was an artist in that field that Cook isn't. Cook is a manager basing his success on numbers inside a spreadsheet.
  • #126,699
  • Dec 6, 2012 4:29am Dec 6, 2012 4:29am
dam it junkiesssssss


whats wrong with those

fak tap's and smart shitt phones
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  • #126,700
  • Dec 6, 2012 4:31am Dec 6, 2012 4:31am
Quoting kill56
dam it junkiesssssss


whats wrong with those

fak tap's and smart shitt phones


How much for the bottom model? Thing looks very cheeky!
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