Investor in the Wilderness

Feature Article #1

Apple Investors, the Fed Put a Tourniquet on Financials

S&P 500, Dow and Nasdaq Futures got a charge over the weekend. It seems that the US Treasury take-over of Fannie Mae is going to be well received, if not with some apprehension. Sure they will rescue Fannie and Freddie from going belly up, but at what cost to tax payers? Some say $100s of billions. If [...]

Zach Bass | September 7th, 2008 | Continued

Feature Article #2

Apple Investors the Street Has Spoken, Are You Listening?

Yesterday I excoriated Wall Street for being a bunch of mollycoddled, overfed, aircon-softened weenies, that lacked the courage and conviction to move the ticker past their adversaries. I suggested that they were softened by their extended summer vacations, perhaps too many mint juleps.
Accept the challenge so that you may feel the exhilaration of victory - [...]

Zach Bass | September 4th, 2008 | Continued

Feature Article #3

Apple Investors, Every Which Way But Your Way

So which way is that way? Quite frankly I don’t care at this point. Either go up or go down, but don’t fake up, then slide down, trip to the left, then stumble to the right. Man I’m getting dizzy. Maybe I should just be consoled that we’re going sideways, that’s a direction, right? Well [...]

Zach Bass | September 3rd, 2008 | Continued

Feature Article #4

Apple Investors the Bear has Commodities in its Teeth

The conventional wisdom says that so long as Oil is breaking down, that’s got to be great for the rest of the economy. Right? I mean Oil is heading for double digits. That’s got to mean lowered inflation, easing at the gas pump, and more affordable home heating oil, especially with the colder months approaching. [...]

Zach Bass | September 3rd, 2008 | Continued

Feature Article #5

Post Labor Day Apple Trading Strategy Part 2

In the previous post I had proposed a strategy to take advantage of the current conditions, providing that the near term there may be some price fluctuation with AAPL, but looking further out there’s generally a bullish sentiment. And the strategy I suggested was a Bull Put Spread with Puts that expire in Sep 2008. [...]

Zach Bass | September 1st, 2008 | Continued

About this Site

Let me start with a declaration; I’m an Apple fanboy. I bought my first Mac two days after it was introduced to the world back in 1984. And since that time, I have owned nearly one hundred Macs! Today, my home is graced with eight Macs, strategically located throughout.
Everyone that knows me has been subjected [...]

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About this Site

Apple Tuesday Let’s Rock Prediction and Poll

So according to Kevin Rose of Digg, the Apple event next Tuesday will be all about iTunes 8 and new iPods, specifically a new Nano-like iPod. It will be in a retro form, longer and thinner like the original Nanos. That’s great, but I don’t see how that advances the Touch interface. Here’s a question, [...]

4Sep2008 | Zach Bass | | Continued

Apple Investors Here’s My I Have No Idea Strategies

Yup, I submit to the great Bear in the sky, because it has become painfully obvious that in this frothy market I have no idea which way the markets are headed. A rally today was all but in the bag, or so I thought, as professed in my last blog entry. But volatility kicked it [...]

2Sep2008 | Zach Bass | | Continued

Apple and Market Set to Rally on Perfect Storm

Gustav was overblown, Oil is heading towards double digits while the US Dollar soars, the futures are up, and Apple is blowing away iPhone numbers! And did you hear that iPhone browser share has hit new highs, increasing 60% over last month, soon to overtake linux desktops? Ok, that’s great, but add to that Dell [...]

2Sep2008 | Zach Bass | | Continued

Post Labor Day Apple Trading Strategy

There’s growing sentiment that Apple and the markets, particularly the Tech Sector, will rally going into the latter part of 2008. In the near term, there’s technical indicators that the major indices will start this rally soon, as the weekly and monthly charts favor such a move. But we can expect some turmoil from Gustav, [...]

1Sep2008 | Zach Bass | | Continued

Apple Investors this Market Blows…

…with the wind. This market has got to be one of the most frustrating markets ever! Well, as long as I can remember, at least in the past twenty years! This is especially true for AAPL. So while the S&P, the Naz and the Dow have had there ups and downs, mostly down, AAPL has [...]

30Aug2008 | Zach Bass | | Continued

Apple Investors We Got Our Wedgies

What a great day in the market yesterday (August 28) if you’re a Bull, as all the major indices broke out of their respective wedges, and to the upside! Much of the advance can be attributed to the surprise GDP numbers, revised to 3.3$ growth, and improving Jobs environment. Strong performances all around, in almost every sector, [...]

29Aug2008 | Zach Bass | | Continued

Apple Investors Take a Seat and Wedge Out

While this may seem like more of the same from my last prognostication, there are subtle differences. Yes, AAPL is still channel bound in a Pennant pattern, and the S&P and Naz are in their respective wedges, but They’ve consolidated even more and the trading range has tightened, all are heading towards a pivot point.
So [...]

28Aug2008 | Zach Bass | | Continued

Apple Investors, No Passion - No Conviction, Just Pussyfooting Around

We’re getting to that time of the year where volume historically drops off, and the action is light. As an investor this is a frustrating period because you want to commit, you can see the setup, but neither the Bulls nor the Bears have the guts to take the other over line. So all you [...]

27Aug2008 | Zach Bass | | Continued

Apple Investors, Capital Preservation First Maximum Profits Second

I’ll be the first to admit that in the last couple of weeks my technical analysis has been all over the map in terms of near-term market direction. My long-term is solid, the markets look good after Labor Day and in the coming months. But today put a little shiver in me, even with the [...]

25Aug2008 | Zach Bass | | Continued

Apple Sentiment for August 25, Take the Poll

The Wilderness Sentiment Indicator measures the sentiment of Wilderness readers and members of the Wilderness Investor group. Every day a poll is published and readers enter their sentiment for both AAPL and the markets. Over time the sentiment will be dynamically graphed as a moving average.
Here’s the sentiment data for the month of August to [...]

24Aug2008 | Zach Bass | | Continued

Apple Investors, Extremely Low Volume, But That’s a Good Thing

Before we get started with the analysis I need your opinion. Did AAPL and the markets simply throw a head fake last week? Was losing critical support just a temporary blip on the path to higher prices, or are we backtesting that uptrend established over the past six to seven weeks, only to fall under [...]

24Aug2008 | Zach Bass | | Continued

Apple Investors Market Internals Tell the Brutal Truth

So, yesterday I led with the idea that the bounce wasn’t so great, that there may be some residual bounce left in the markets to truly unwind the oversold conditions. And yesterday (August 21) the market was propped up by commodities and energy. Financials are still tanking, transports took it on the chin with the [...]

22Aug2008 | Zach Bass | | Continued

Apple Investors Got Bounce but Time to Resume Downtrend

Well we got the bounce I spoke of yesterday. It wasn’t the greatest bounce, and may not have unwound those oscillators as much as one would like. So it’s possible there may be some more kick left in the markets and AAPL before we continue the sled ride down. But the mortgage crisis is weighing [...]

21Aug2008 | Zach Bass | | Continued

Apple Investors the Rally is Over

Monday (August 18) I wrote a post saying the market was coming to a point of decision, that we needed to take an intermission to evaluate the possible directions it could take. I declared this time for reflection because a break down of the nearly two month uptrend, started off the June lows, was becoming a growing possibility, and thus deserved our full attention.

20Aug2008 | Zach Bass | | Continued

Apple Investors the Show Resumes and We Lost Critical Support

Remember those 60 minute negative divergences, and the rising wedge on the S&P and Dow, and the support on the Naz and AAPL, that I was talking about in the last blog? Well, do you remember?
I also spoke of low volume. And even though it can discount the strength of a move, I think in [...]

18Aug2008 | Zach Bass | | Continued

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