Stock market tips and experiences

Lups · 05-13-2014, 06:26 PM

Quote:

Originally Posted by mact3333

as noted many months ago, the bull will not end until all bears get their faced ripped off...mom and pop have to get in fully too..hasnt happened yet...we need to extend this rally some more but later this year, we will get a scary correction(fast one I bet and biggest in years) but even that will not be "the top"...that will come later...but within the year I am guessing.

Short term top coming coming fairly soon though...VIX near 12 usually signifies a ST top...look for VIX to get down to 10 before its "all over" is my hunch.

Bull shit. All of it. Let's start playing with squirrel skins again (they used them as a currency in northern europe for a long time)!

My two cents.

mact3333 · 05-14-2014, 11:44 AM

Quote:

Originally Posted by Lups

Bull shit. All of it. Let's start playing with squirrel skins again (they used them as a currency in northern europe for a long time)!

My two cents.

LOL...go back to the Kate Upton thread...

Squirrel skins still exist, but its called bit coin now...

ST top coming just about now as noted earlier...out of DDD near 50.5 for nice profit...still have TWTR but watching closely now.

Russell and Nasdaq charts telling the story despite what SPX and Dow doing.

Lups · 05-14-2014, 11:49 AM

Quote:

Originally Posted by mact3333

LOL...go back to the Kate Upton thread...

Squirrel skins still exist, but its called bit coin now...

ST top coming just about now as noted earlier...out of DDD near 50.5 for nice profit...still have TWTR but watching closely now.

Russell and Nasdaq charts telling the story despite what SPX and Dow doing.

Oh come on, don't be cruel! I actually slept last night, so today the amount of BS uttered might be less than usual! Still, I play with the market back home, so I haven't got much to offer. I was thinking the time difference would make me switch here, but your laws just are ... And the banking system really needs to be updated.

mact3333 · 05-15-2014, 10:09 AM

ST top as predicted two days ago...lol.

F1Venom · 05-15-2014, 10:31 AM

Quote:

Originally Posted by mact3333

ST top as predicted two days ago...lol.

What do you have as support? I've got 1830 or so.

mact3333 · 05-15-2014, 12:11 PM

Quote:

Originally Posted by F1Venom

What do you have as support? I've got 1830 or so.

1830-35...depending on how long it takes...supports change slightly with time.

NemesisX · 05-15-2014, 12:15 PM

What do you guys mean by "support?" Is that just a ground value below which you're unwilling to realize any losses (short term, relative to current levels; obviously your overall realized gain/loss will depend on when you got in)?

gtron · 05-15-2014, 01:59 PM

anyone mess with options?

F1Venom · 05-15-2014, 02:02 PM

Quote:

Originally Posted by gtron

anyone mess with options?

Yeah. I bought the TWTR June $35 strike calls when it was in the low $30.xx and I'm down 20% now. Should've just stuck with shares.

gtron · 05-15-2014, 02:05 PM

ouch

PSUSMU · 05-15-2014, 02:10 PM

Quote:

Originally Posted by F1Venom

Yeah. I bought the TWTR June $35 strike calls down when it was in the low $30.xx and I'm down 20% now. Should've just stuck with shares.

I made a killing on TWTR puts back at $60 in Feb, but I've been striking out on options recently (no pun intended).

My large BAC position is getting tough to stomach.

filip75 · 05-15-2014, 06:20 PM

Quote:

Originally Posted by gtron

anyone mess with options?

I do. Make sure that you are ready to lose what you put in though.

I played RAX with puts last May and made 9x overnight. Played puts this week, and lost 100% overnight. For 3 years is posts losses every 1Q and this year it beats expectations, when most other tech stocks are going down.

gtron · 05-16-2014, 11:41 AM

i'm still in the research phase. to test the waters i'm willing to lose $2-4k a pop w/o freaking out.

F1Venom · 05-21-2014, 10:07 AM

Damn it TWTR.... At this rate it looks like a retest of the $29 lows could occur again. I'm still holding my June calls though so I'd rather it just crash and bounce sooner rather than later.

MrPrena · 05-21-2014, 06:54 PM

Speaking of TWTR, I bought them at 31 and some change.
I was really tempted to buy July Calls, but I have a feeling that it take more than a mo for TWTR to move.

MrPrena · 05-21-2014, 09:39 PM

Quote:

Originally Posted by F1Venom

Damn it TWTR.... At this rate it looks like a retest of the $29 lows could occur again. I'm still holding my June calls though so I'd rather it just crash and bounce sooner rather than later.

We can do TA based on volume as well.
Avg volume is about 16.4mil shares 3mo avg.
We had around 110mil shares traded on the day after lock out.
We already have a data of how many shares do major insiders and IB has.

$29 is possible, but if "stupid" happens, we can see 26ish. I hope we never see the 26 or even 29 this year.

F1Venom · 05-22-2014, 02:18 AM

Well it had a very good recovery towards the close. After hitting -2% almost, it ended the day fairly flat. Let's see if this upward momentum will carry forward tomorrow.

F1Venom · 05-22-2014, 10:03 AM

Guess not... Down another 2% right now

PSUSMU · 05-22-2014, 01:50 PM

I nibbled some TWTR @ 30.75

F1Venom · 05-22-2014, 02:46 PM

Quote:

Originally Posted by PSUSMU

I nibbled some TWTR @ 30.75

Nice. I think the 30.52 lows is the bottom. I'm targeting $34/5 again.

MrPrena · 05-22-2014, 10:28 PM

My wife FINALLY just rolled over her old 401(k) into IRA this week. She has shares in Dillard's (DDS). They have that ~5 years of waiting period for $ they contributed for employees. We had this stock since 2008,and we were dying to get rid of it at 100. Now it touched 110/sr this week, and we are thinking about disposing at 112/sr.

It was one of the biggest run in terms of investment we had post of internet bubble.

F1Venom · 05-23-2014, 11:47 AM

VIX hitting new lows here...

05-15-2014, 10:09 AM	#4140
mact3333 Captain 126 Rep 876 Posts Drives: 16' YMB/Blk F82 Join Date: Mar 2011 Location: Portland Area iTrader: (1)	ST top as predicted two days ago...lol.
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05-15-2014, 12:15 PM	#4143
NemesisX Captain 321 Rep 905 Posts Drives: '19 Infiniti Q60S Join Date: Jul 2009 Location: TX iTrader: (0)	What do you guys mean by "support?" Is that just a ground value below which you're unwilling to realize any losses (short term, relative to current levels; obviously your overall realized gain/loss will depend on when you got in)?
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05-15-2014, 01:59 PM	#4144
gtron powerhouse 724 Rep 1,628 Posts Drives: 2014 Porsche 981 CS Join Date: Feb 2011 Location: Orange County, CA iTrader: (1) Garage List 2016 Mercedes C450 AMG [10.00] 2016 Lexus RC 200t [0.00] 2014 Porsche [9.50] 2012 550i M-Sport [7.86]	anyone mess with options? __________________ no signature. except for this one.
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05-15-2014, 02:05 PM	#4146
gtron powerhouse 724 Rep 1,628 Posts Drives: 2014 Porsche 981 CS Join Date: Feb 2011 Location: Orange County, CA iTrader: (1) Garage List 2016 Mercedes C450 AMG [10.00] 2016 Lexus RC 200t [0.00] 2014 Porsche [9.50] 2012 550i M-Sport [7.86]	ouch __________________ no signature. except for this one.
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05-16-2014, 11:41 AM	#4149
gtron powerhouse 724 Rep 1,628 Posts Drives: 2014 Porsche 981 CS Join Date: Feb 2011 Location: Orange County, CA iTrader: (1) Garage List 2016 Mercedes C450 AMG [10.00] 2016 Lexus RC 200t [0.00] 2014 Porsche [9.50] 2012 550i M-Sport [7.86]	i'm still in the research phase. to test the waters i'm willing to lose $2-4k a pop w/o freaking out. __________________ no signature. except for this one.
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05-21-2014, 10:07 AM	#4150
F1Venom Banned 76 Rep 961 Posts Drives: ZCP E90 M3 Join Date: Apr 2013 Location: USA iTrader: (0)	Damn it TWTR.... At this rate it looks like a retest of the $29 lows could occur again. I'm still holding my June calls though so I'd rather it just crash and bounce sooner rather than later.
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05-21-2014, 06:54 PM	#4151
MrPrena Captain 1590 Rep 803 Posts Drives: BMW Hyundai Nissan Join Date: Jan 2014 Location: TB iTrader: (0)	Speaking of TWTR, I bought them at 31 and some change. I was really tempted to buy July Calls, but I have a feeling that it take more than a mo for TWTR to move.
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05-22-2014, 02:18 AM	#4153
F1Venom Banned 76 Rep 961 Posts Drives: ZCP E90 M3 Join Date: Apr 2013 Location: USA iTrader: (0)	Well it had a very good recovery towards the close. After hitting -2% almost, it ended the day fairly flat. Let's see if this upward momentum will carry forward tomorrow.
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05-22-2014, 10:03 AM	#4154
F1Venom Banned 76 Rep 961 Posts Drives: ZCP E90 M3 Join Date: Apr 2013 Location: USA iTrader: (0)	Guess not... Down another 2% right now
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05-22-2014, 01:50 PM	#4155
PSUSMU Captain 99 Rep 985 Posts Drives: 2008 Porsche 911 Carrera S Join Date: Jun 2012 Location: Falls Church/Merrifield, VA iTrader: (3)	I nibbled some TWTR @ 30.75 __________________ RSI, LLC \| Fender Rolling \| Suspension \| Engine \| Other Stuff
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05-22-2014, 10:28 PM	#4157
MrPrena Captain 1590 Rep 803 Posts Drives: BMW Hyundai Nissan Join Date: Jan 2014 Location: TB iTrader: (0)	My wife FINALLY just rolled over her old 401(k) into IRA this week. She has shares in Dillard's (DDS). They have that ~5 years of waiting period for $ they contributed for employees. We had this stock since 2008,and we were dying to get rid of it at 100. Now it touched 110/sr this week, and we are thinking about disposing at 112/sr. It was one of the biggest run in terms of investment we had post of internet bubble.
	Appreciate 0 Quote

05-23-2014, 11:47 AM	#4158
F1Venom Banned 76 Rep 961 Posts Drives: ZCP E90 M3 Join Date: Apr 2013 Location: USA iTrader: (0)	VIX hitting new lows here...
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