[mact3333]

There will be no crash.

Just some good old fashion sellin' to shake up mom and pop.

Note to self, do not trade against Mact!....

[amanda hor$t]

overall, too crazy for my tastes: might just hold cash for the rest of the year

[Vanity]

Originally Posted by mact3333

There will be no crash.

Just some good old fashion sellin' to shake up mom and pop.

Note to self, do not trade against Mact!....

You think we do a face-ripping short squeeze from these levels tmr or do we make it down to 1575 and bounce back? IMO, markets are at their most oversold since 011'.

[amanda hor$t]

well the nikkei ate shit today, rendering abe's quiver useless (and the money has been printed)

[r0wr]

I don't see a crash happening either. But I'm still short AAPL and FB.

[Vanity]

Well last night into the close was the first time in a long time I went overnight. I shat bricks this morning but it all turned around. Nice! Risk paid off.

We were too oversold last night, one of the most oversold in a couple years.

[Vanity]

If we break 1640 we rally to highs. If we fail, you know where we are going.

[Inspired]

Originally Posted by Vanity

If we break 1640 we rally to highs. If we fail, you know where we are going.

Still in a major chopfest.. 160-165. I don't see us going anywhere until we break those levels..

[r0wr]

100% MM is at $166.46. Bulls need to exceed that target before a major trend change. If you look at the big picture, This most recent second try for the high isn't high enough to be a true test of the most recent high of the year

[mact3333]

I like PXLW...in at 3.70...I'm in this one for long run...no selling...they are going to hook up with Apple via backdoor with LG and supply ther chipsets for smart tv's and more.

Already been moving last few days...take a look on pullback...this could be a triple easy within next 6 months.

I still like BBRY, but FB doesnt interest me anymore...AAPL I still like...I think iPhone 5S will do well when they finally release it...I know alot of people waiting for that phone including 3 people in my household....apple tv and new wristwatch/phone coming soon also.

[mact3333]

BTW, I also like TSLA...this one could be headed toward 200.00 later this year...it has won the favor of the crowd ala a gladiator in Roman times haha....

[RandomHero]

Originally Posted by mact3333

BTW, I also like TSLA...this one could be headed toward 200.00 later this year...it has won the favor of the crowd ala a gladiator in Roman times haha....

Just curious, but on what grounds? I don’t mean that sarcastically, but I’d love to pick your brain.

It's made some tremendous moves over the past couple months, but it’s still not even a profitable company. They will likely break even in 2013, but most analysts have a 52-week price objective in the $50-60 range. My firm’s p.o. is $39/share as of May 20th.


I personally expect it to hit $50/share before it hits $150.

[mact3333]

Originally Posted by mmahany

Just curious, but on what grounds? I don’t mean that sarcastically, but I’d love to pick your brain.

It's made some tremendous moves over the past couple months, but it’s still not even a profitable company. They will likely break even in 2013, but most analysts have a 52-week price objective in the $50-60 range. My firm’s p.o. is $39/share as of May 20th.


I personally expect it to hit $50/share before it hits $150.

It could hit 50.00 before 150.00...but TSLA has won the crowd for now...you dont argue against price...am I a buyer at 100.00?? absolutely not...but on a pullback I will buy...if that pullback ever happens...look at TSLA today, up while mkt is down...this stock wants to go higher.

Price is all about supply and demand, which of both of us agreed upon awhile back if I am remembering correctly.

Sure TSLA is lying about their batteries range and they make a fair share of their profits by selling their tax credits but the "people" dont care about this and price actions proves my point.

TSLA will be another HANS, solars, rare earth elements, etc...list of momo stocks have been infinite in the past and while they were skyrocketing, there have always been fundamentalists that have argued against its rise(and there will always be) ...all the way up to 100-500% gains but eventually these people are right, it will fall back down to earth...but in the meantime, somebody may have made 100-500% gains.

Fundamentalists will still lose alot of money during bear mkts...we are all at the mercy of the mkts...mkts will change fundamentals because mkts can sniff out upcoming recessions and contractions of the money supply whether it be from actual deflation or snuffing out QE(insert number here).

[Judge]

A change of pace from all the graphs posted here; I'm hoping to earn a little off this monstrocity. It's Wendy's new pretzel burger that was tested in a few markets earlier this year (nationwide release expected soon) and is apparantly the best thing to happen to this company. The stock is cheap imo at under $6 so it's not much of an investment to pick up a bunch of shares.

[RandomHero]

Originally Posted by Judge

The stock is cheap imo at under $6 so it's not much of an investment to pick up a bunch of shares. [/IMG]

A $5000 investment is a $5000 investment no matter if the shares are $5 or $5000. The same goes for its returns.

Never consider price (the number itself) when investing. Consider if it has the potential to meet your financial goals (is it undervalued? Is it going to grow? Is it going to pay solid dividends? etc etc).

[r0wr]

Originally Posted by mmahany

A $5000 investment is a $5000 investment no matter if the shares are $5 or $5000. The same goes for its returns.

Never consider price (the number itself) when investing. Consider if it has the potential to meet your financial goals (is it undervalued? Is it going to grow? Is it going to pay solid dividends? etc etc).

I agree and must add that that burger looks disgusting.

[amanda hor$t]

does anyone know the current rate to insure $1million against a usa default? yes i'm serious.

[RandomHero]

Originally Posted by R Grubba Balls

does anyone know the current rate to insure $1million against a usa default? yes i'm serious.

What exactly do you mean by that?

[amanda hor$t]

Originally Posted by mmahany

What exactly do you mean by that?

meaning if the usa defaults on its debt payments (hence going bankrupt), i get paid $1million. 2 yRs ago it was about $5000/yr, and that's all i've been able to find.

[RandomHero]

Originally Posted by R Grubba Balls

meaning if the usa defaults on its debt payments (hence going bankrupt), i get paid $1million. 2 yrs ago it was about $5000/yr, and that's all i've been able to find.

I know what it means by definition. I do financial planning for a living. I'm saying who do you expect to issue such a policy?

[amanda hor$t]

Originally Posted by mmahany

I know what it means by definition. I do financial planning for a living. I'm saying who do you expect to issue such a policy?

insurance companies? it's a default swap, happens all the time. i just can't easily google it.

[RandomHero]

Originally Posted by R Grubba Balls

insurance companies? it's a default swap, happens all the time. i just can't easily google it.

It's a little different when the entity has the ability to control the money supply....go waste your money I suppose. I'd rather throw it in a slot machine....better odds.