<p>Traders that bought the trendline bounce would have taken profits.</p>
<p>Some would…</p>
<p>I dont think there is one way to trade …</p>
<p>I probably would have sold a small to medium amount and kept some in case we started an uptrend…</p>
<p>Or maybe I would have just kept buying all the way up from the lows and unloaded some near the close…</p>
<p>Of course this time I sold 10 otm puts in intc and that is it. Lol</p>
<p>[New</a> Samsung tablets mimic Galaxy phones - Yahoo! Finance](<a href=“http://finance.yahoo.com/news/samsung-tablets-mimic-galaxy-phones-131816403.html]New”>http://finance.yahoo.com/news/samsung-tablets-mimic-galaxy-phones-131816403.html)</p>
<p>I spoke to a co-worker that was really upset with Samsung over product defects. He told me that their customer service and warranty terms were … cheap. He had a minor product defect that they wouldn’t cover after they told him that they would cover it and he mailed it in (at his cost). They want to charge him a lot of money to do the proper repair. I couldn’t believe it when he told me this. I just mentioned that Apple is usually a lot better on product defects and customer service. Samsung apparently outsources warranty work and the contractor is apparently incentiveized by decreasing costs not customer satisfaction. So I guess I’m not getting an Ativ 9. I’ll wait for the RMBP with Haswell or, perhaps, the Kirabook when it comes out with Haswell.</p>
<p>Apple has been under the gun but do apple owners complain about apple and its products? </p>
<p>Most apple product owners that I know love the products.</p>
<p>Apple goes out of their way to provide a high level of service and customer satisfaction and, of course, you pay for this. Apple has product defect problems just like every other hardware maker - the criteria for customer satisfaction is what the company does to make the customer whole.</p>
<p>Daughter had her interview and it was quite long but I think that she’s not going to get the job. They had some questions looking for particular skills that she didn’t have - skills that I wouldn’t have expected for the position. It appears that they are looking for specific skills that they didn’t indicate on the job posting - stuff that she would probably get with a BSIT. They also indicated that they received a ton of resumes which means that there are a lot of people looking for these kinds of positions. I suspect that she has to up her game on qualifications for this area - the thing is getting a BSIT should qualify her for more advanced positions.</p>
<p>So my take is that there are lots of jobs open but that there are even more people looking, maybe two orders of magnitude. So we’re going to keep looking while she applies for a BS program and hope for the best. I’m thinking that unemployment rates are going to go up as more people reenter the job hunt that had earlier given up because the Fed said that we’d have robust employment growth later this year (<em>Sarcasm</em>).</p>
<p>I think you’re going to see Fed officials start backtracking on their comments. I think the interpretation of the comments is just plain out wrong.</p>
<p>[Kocherlakota</a> fights ?hawkish? Fed perception - The Fed - MarketWatch](<a href=“Kocherlakota fights ‘hawkish’ Fed perception - MarketWatch”>Kocherlakota fights ‘hawkish’ Fed perception - MarketWatch)</p>
<p>I dont see what the fed is seeing. Are things really that great in the economy?</p>
<p>I think the job market is still pretty bad.</p>
<p>Maybe the fed wants to cool some speculation.</p>
<p>Fisher talks about a 3 percent 10 year treasury. Well, that is not so far away. That is not going to cause a calamity.</p>
<p>BCEagle91, is your daughter’s interest in IT new? Is she looking at UMASS Boston now?</p>
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<p>The speculation is wishful thinking that Bernanke wants to go out in January with the recovery in place.</p>
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<p>That’s my assessment at the moment. Too many people chasing too few jobs.</p>
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<p>Yeah, nothing like a global market collapse to cool the speculation.</p>
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<p>I suppose it depends on how you are positioned.</p>
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<p>She’d be happy with a job doing just about anything. I think that IT is the best fit for her skillset and ability. She’s looking at UMass Lowell and UNH Manchester. She really needs to amp up her game. I was thinking of helpdesk jobs but she may have to become a skilled programmer in the current and future competitive environment. The jobs for lower skillsets and abilities is crowded. Folks with BSCS degrees are probably competing for lower-level IT jobs now and they probably have a better shot at them. They would be working below their skills and abilities but some job is better than no job.</p>
<p>This explains why she often doesn’t get replies to her job applications. The people hiring are getting inundated with resumes. Same thing when my son was looking. We really need to network but my network has struck out so far. It’s slim pickings all over. It would really help if she had a BSIT but she is qualified for many jobs out there with what she has. They can ask for a BSIT because of supply and demand. This is in a place with low unemployment. I can’t imagine how things are where unemployment is average or above or job unskilled job areas.</p>
<p>So my feeling is that either Bernanke bungled the last meeting or he has no idea of what real people have to deal with in this economy. Perhaps both. I think that the BSIT and a lot of training by me is probably the best approach but that means another two years and a lot of my time.</p>
<p>When is Apple going to get those Haswell systems out?</p>
<p>“I suppose it depends on how you are positioned.”</p>
<p>I guess.</p>
<p>I would lose with a 10 year at 3 percent but I think as a society we can handle a 3 percent 10 year eventually.</p>
<p>I have mixed feelings about training for something you don’t want to do. Life is too short to be stuck in a career that a person doesn’t really want. Then again…a person wants to eat and work.</p>
<p>Some of the jobs I see young people doing look awful to me. Selling ads
for the internet. We all have to start somewhere. Every job can teach the employee something.</p>
<p>I wanted to be a trader on a trading floor after college. I had a job interview planned with a market making firm but the firm blew up before
I had the interview. I guess I wasn’t going to get that job anyway. :)</p>
<p>I ended up getting a job from the pacific stock exchange. The exchange
was unsure about hiring me. They said I was over qualified. I talked the
exchange into hiring me.</p>
<p>So I was able to get in on the ground floor of the place I wanted to work. 
I see many young people having trouble just getting started in a place they can see themselves in 5 or 10 years. Different times. I think the
opportunities are worse now but maybe that is just my age talking.</p>
<p>I do see young people working at startups and google and working with truly brilliant people so maybe things are ok for many. Some young people can afford the ridiculous rents in these cities. There are a lot of young people around.</p>
<p>I think that programming could be interesting for her in developing new applications but I don’t think that she likes the idea of doing a lot of maintenance. Unfortunately that’s usually where you start out as it’s the best way to learn the ropes.</p>
<p>She really has no idea as to what she wants to do and is willing to work retail jobs but she hasn’t had any success finding even one of those. I think that she would learn that she doesn’t want to work retail by working retail for a while.</p>
<p>So I suppose that I should get to work teaching her with projects.</p>
<p>But I really could use a Haswell system. Maybe I should just buy a MacBook Air and then get the MacBook Pro when it comes out. Too bad the MacBook Air only has one thunderbolt port. I’d like three or four of them. Apple’s adapters don’t have the ability to daisy chain. I could buy a port hub but they are ridiculously expensive for what they do.</p>
<p>I cant comment on Haswell. Well I could, but I wouldnt know what I am talking about.</p>
<p>“She really has no idea as to what she wants to do and is willing to work retail jobs but she hasn’t had any success finding even one of those. I think that she would learn that she doesn’t want to work retail by working retail for a while.”</p>
<p>There are no jobs available at that big mall? There arent any grocery store or drug store chains nearby with job openings? Wow. That sucks.</p>
<p>Right now China’s stock market is down 3 percent. Japan is flat and the US is up .2 percent.</p>
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<p>There was a big job fair for the new mall before it opened. She went to the job fair. Tons of people from near and far. Lots of people with retail experience. If you were a retail manager, would you hire someone with a CS degree to be a cashier? She has done applications for retail, admin, etc. type jobs for a while now. There are so many people out there with experience looking for work - what are her chances without experience?</p>
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<p>My feeling is that the US markets are a total crapshoot right now. My wife suggest I short the indexes. I don’t think that’s technically wise in the short term. It might be the right move for the intermediate term. I have too much stuff going on to play this kind of market.</p>
<p>" There are so many people out there with experience looking for work - what are her chances without experience?"</p>
<p>This economy just isnt very good if people cant get the opportunities.</p>
<p>This could be a bad idea but I think where your sisters live there are retail jobs available. I dont know if you want your daughter out here, if she wants to be here, etc. </p>
<p>“My feeling is that the US markets are a total crapshoot right now. My wife suggest I short the indexes. I don’t think that’s technically wise in the short term. It might be the right move for the intermediate term. I have too much stuff going on to play this kind of market.”</p>
<p>There are times to play the market and there are times to sit back as you know. Patience can make a person money. Maybe, I said that already. We dont have to play all the time either. There are times when there isnt much clarity. There are times we can focus on other things. I agree.</p>
<p>So you sold everything out?
Does you wife have a good feel for the markets?</p>
<p>I think Bernanke is ****ed at Obama. He faked him a passable economy for the election and now Obama is making “get rid of him noises.” Personally, I think this is just the FED boss pointing out that he’s the FED boss.</p>
<p>IMHO, time to get out of the way until they are done fighting it out.</p>
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<p>I still have PBA and PSEC.</p>
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<p>Yes she does. The market does the opposite of what she thinks it will do.</p>
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<p>That would be a lot of work logistically and I don’t know if my sisters would be up for hosting her long-term. At the moment, we’re going to get her enrolled in a BSIT program while she continues to apply for jobs. I can do projects with her too to build up a portfolio of public work. But it will take some effort and time on my part to do that and she will have to be willing to put in the effort. Can I turn her into a world-class developer? I don’t know.</p>