Disqus - Latest Comments for zach_bass

Re: Finance Gurus for Apple Investors to Follow on Twitter

TradingGoddess — Wed, 13 May 2009 23:51:36 -0000

Thank you for your kind compliments about my site and tweets. I appreciate that. :)

As to me getting banned from Stock(nit)Twits, do not fret about it! Howard, the owner, seems like such a loose cannon and is, like you said, erratic.

I recently read that "the cream always rises to the top". See you there!

Re: Finance Gurus for Apple Investors to Follow on Twitter

zach_bass — Wed, 13 May 2009 22:00:45 -0000

I'm sorry if I had anything to do with getting barred from StockTwits.
I've heard their banning policy is a bit erratic.

Anyways, I enjoy both your website and tweets. Keep up the good work.

-ernie

Re: Is the iPhone 3.0 SDK All That?

dks — Mon, 23 Mar 2009 14:27:02 -0000

Thanks for the classy response

Re: Is the iPhone 3.0 SDK All That?

blivion — Mon, 23 Mar 2009 12:16:50 -0000

Really, you can disagree with Zach, but if you don't like his commentary, just go somewhere else. There's an infinite amount of options.

Re: Is the iPhone 3.0 SDK All That?

blivion — Mon, 23 Mar 2009 12:14:48 -0000

Zach, maybe it's because I've been out of the States for years but I think you're already wrong. Before I left the U.S. I'd go into a Best Buy, and MAYBE I could purchase an iPhone charger. Now, go into any major electronics store, and the first thing you see are iPhone accessories. Now Apple has opened up the ability to make even more and varied accessories than just speaker systems, headphones, and chargers. Imagine hooking up a cheap microscope to the iPhone (for kids, you know?), or maybe program Elmo Live to perform custom actions and speech. How about a pocketable Lego Mindstorms programmer? An that's just in the toy industry.

I know I'm going to pick up one of those glucometers to monitor my blood sugar levels since I am mildly diabetic.

Re: Is the iPhone 3.0 SDK All That?

zach_bass — Mon, 23 Mar 2009 00:48:21 -0000

My blog can be about whatever I choose. If you read my bio above, you'll see I reserve the right to talk about whatever pleases me.

Re: Is the iPhone 3.0 SDK All That?

zach_bass — Mon, 23 Mar 2009 00:47:31 -0000

That's the one feature I cited that I believe will be big, especially for new B2B and B2C apps. So, I agree.

Re: Is the iPhone 3.0 SDK All That?

zach_bass — Mon, 23 Mar 2009 00:45:23 -0000

The fact that you cite the 30 pin connector as an important feature, worthy of note, leads me to believe you think Apple's shit don't stink. The fact that they've created more vendor lock-in through this connector may have a back-lash. I don't believe it's going to be the reason for a new class of compatible products. I could be wrong.

Re: Binary Game App

KRAPPS — Thu, 26 Feb 2009 12:47:29 -0000

Thank you! Nice review on your site as well ... yeah, judging by all the favorable reviews, Binary Game is a winner and like we said in a previous post (we love this line) ... A Beacon Of Light In A Sea Of Gloom

Re: Binary Game App

zach_bass — Wed, 25 Feb 2009 21:24:45 -0000

Excellent review, and an excellent game. I'm hooked, so is my daughter, as she appears on the leader board on the B1nary Game web page. I also wrote a review, plus an interview with the author.

You can find the review here: http://bit.ly/b1nary-review

And the game in the iTunes store here: http://bit.ly/b1nary

Re: Does Apple Have A Blind Spot About Flash?

fredwilson — Mon, 16 Feb 2009 09:27:18 -0000

The open web and marginalization of the app store are the same thing

Re: Does Apple Have A Blind Spot About Flash?

zach_bass — Mon, 16 Feb 2009 09:09:12 -0000

I do believe Apple believe in the open web, but they're also guarded of there revenue stream with iPhone Apps. And until they can figure a way to control the marginalization of the App store, Flash won't be in the cards.

Re: Apple Investors, Brace Yourself For Buying Opportunities

zach_bass — Tue, 03 Feb 2009 06:10:55 -0000

Marcos, Marcos, I thought I was being clear. We're heading towards a pivot point, a convergence, the proverbial fork in the road. We could go up, we could go down. But whichever way we go, we're gonna go hard, because that's usually how we come out of these lateral or wedge patterns.

I can't provide definitive forecasts. All I can do is make my best analysis to determine the most probable direction. And what I was trying to say here is that we have something of a coin flip with AAPL more biased to the upside and the markets more biased to the downside. If the markets go down hard, then AAPL may still go up but will get tempered by the markets. Or at least it won't go down very far, probably into the strong support it has in the 89-90 area, with the next level of support around 85. If the market goes up, I can see AAPL taking out it's 50 day, then perhaps making a run for 102-103. The pattern measures out to as high as 115-120, but I don't think we'll see that.

Re: Apple Investors, Brace Yourself For Buying Opportunities

marcos — Tue, 03 Feb 2009 01:22:50 -0000

Right, so then AAPL will be going up...or down.

Re: Apple Investors, Brace Yourself For Buying Opportunities

zach_bass — Mon, 02 Feb 2009 18:43:37 -0000

Marcos, you are correct that volume is usually impact-full on my analysis, But it is not always indicative of the action, there are other factors that may trump volume at times. But not usually.

In the case with AAPL today we had about 60% of the average volume. Most of the volume came when driving AAPL up from its lows in the beginning of the session and near the end of the day. So on balance I would say there were slightly more buyers than sellers.

As far as my forecast goes, I think were still in a holding pattern heading towards a moment of truth when the lateral wedge that AAPL and all the indexes are in will finally make a decision as to which side of the battle lines they will move to. I think AAPL is biased to the upper and the indexes are biased downwards.

Re: Apple Investors, Brace Yourself For Buying Opportunities

zach_bass — Mon, 02 Feb 2009 18:35:45 -0000

I look at mainly three indexes, the Dow, Nasdaq and S&P 500 for general market calls. I also look at the Russell 2K and Willshire for confirmation. With each of these charts I examine multiple timeframes, that is I look at near-term (10, 30, and 60 minute charts), mid-term and long-term (daily, weekly and monthly charts). I look for indicators that are either in line or contrary to the time frames. I'm particularly interested in indicators that confirm across multiple contiguous timeframes, because that increases the probability of the read.

Re: Apple Investors Use Twitter to Gain the Advantage

zach_bass — Wed, 28 Jan 2009 23:51:55 -0000

I've been around for a long time myself, 30 years in this industry, since the beginning of the Internet. In fact I ran a BBS back in the late 80s that had 4 lines and over 2,000 members. We were connected to several others from around the world. So, I don't need any lectures on how we got here!

Re: AAPL Poised for a Pop in the Near Term

zach_bass — Tue, 27 Jan 2009 11:12:52 -0000

I'm sorry Marcos, but I have to report what I see. Just because things go down, doesn't mean they can't correct. And quite frankly, AAPL along with GOOG and Oil for that matter, have been establishing a strong basing pattern with positive divergences under neath in the near-term. That my friend, is a recipe for a correction.

Now it doesn't mean that things won't still go down, because I think they will. But I have to take what the market gives me for the moment, and that;s what I see.

Re: AAPL Poised for a Pop in the Near Term

zach_bass — Sun, 25 Jan 2009 23:39:19 -0000

The entry would be just above the pivot point, which would be the downtrend line in the daily chart. That would be about 93. You'd want to make sure it was a breakout above this line before taking a position, but you could be safe by taking a position once AAPL moved above the trend line and setting a tight stop just below it.

Re: Twitter….What Would You Pay?

zach_bass — Sun, 25 Jan 2009 09:59:06 -0000

I think Digg is melting into obscurity because it's not very open to non-geeks to participate. If you're site is not on the watch list of a select group of Diggsters, then you'll never get dug.

Re: Would I Be More Loved if I were Bullish on AAPL?

zach_bass — Thu, 22 Jan 2009 17:23:09 -0000

Toootoo, you are exactly the type of person to which I refer. Please enlighten me how I have been dishonest. Thanks.

Re: No Hope or Change for Apple Investors

zach_bass — Wed, 21 Jan 2009 09:58:29 -0000

I was referring to the S&P 500 index, not Apple's share price.

Re: Trade Apple Like a Fool

zach_bass — Mon, 12 Jan 2009 16:15:34 -0000

You are correct Claudio. I should be clear that they would be near-term fools.

Re: Trade Apple Like a Fool

Claudio Lizzola — Mon, 12 Jan 2009 16:11:51 -0000

Now we are in agreement! If you say that AAPL has a better chance of success than 99% of the companies out there it means that "eventually" the people who invest on it won't be "truly fools".
Which was exactly my initial contention when you wrote the exact opposite.

Re: Trade Apple Like a Fool

zach_bass — Mon, 12 Jan 2009 14:49:39 -0000

I did not say "the most valid", I said "viable for ALL time frames." TA looks at past patterns to help predict future moves. In much the same way we look at an asteroid, and project its future path based on it's current trajectory.

The problem right now is that this secular bear market we are in is nearly 9 years old, and it's not finished yet. When will it turn? I have no idea. Maybe 2 years, maybe 2 decades. Sure there will be rallies, and we should play them for all they're worth.

Taking a bullish position on Apple can be both relative and absolute. I certainly think that Apple, relative to most other companies out there will be bullish. Now the question is, will it be bullish in absolute terms. What if they continue to make money, but the stock goes down? Then what?

I think in the long term, Apple has a better chance of success than 99 percent of the companies out there. And so from that point of view, I'm bullish. But will I put my money on it right now? No. Because the time frames are different. I want a return within weeks or months. An investment in AAPL may not provide a return much further down the road. And it's not because of Apple, it's because of the economic morass we are currently in.