Stock market tips and experiences

mact3333 · 10-17-2014, 10:46 AM

Bounce as predicted...spy calls happy...

....dead cat bounce will prob end around 1900-1905 spx

slamako · 10-17-2014, 11:06 AM

Quote:

Originally Posted by mact3333

Bounce as predicted...spy calls happy...

....dead cat bounce will prob end around 1900-1905 spx

Are you loading up any shorts?

F1Venom · 10-17-2014, 11:24 AM

Quote:

Originally Posted by mact3333

Bounce as predicted...spy calls happy...

....dead cat bounce will prob end around 1900-1905 spx

I agree. It looks like a solid rally, but I don't believe it. I exited my calls a bit ago because I doubt big money has yet shaken out all the weak hands and this rally is to trap them.

JasonCSU · 10-17-2014, 05:28 PM

Quote:

Originally Posted by MrPrena

I will chime in too
Not that hard. When I was young guy in college it was pre-dotcom bubble, and made SOME $. It was easy money back then.

Okay, but I still find it unusual that a college kid has earned hundreds of thousands of dollars so quickly and easily from trading.

gatorfast · 10-17-2014, 07:34 PM

Quote:

Originally Posted by JasonCSU

Okay, but I still find it unusual that a college kid has earned hundreds of thousands of dollars so quickly and easily from trading.

Its the internet man! Everyone is rich and young.

MrPrena · 10-17-2014, 07:50 PM

Quote:

Originally Posted by JasonCSU

Okay, but I still find it unusual that a college kid has earned hundreds of thousands of dollars so quickly and easily from trading.

True.
I started around early 1998 during my undergrad years with about fraction of a fraction of 100k. At that time, it was "luxury" to have a dialup or those huge analog celluar phone.
I remember I had to pay $ to Ameritrade to get a non-streaming real-time quotes (after certain amount of numbers).

When I was working for financial company after I graduated, I linked my email to Motorola Nextel i-1000+ to receive my email trade confirmation forwarded to handset. People at the firm thought it was real hightech,and asked me how. I believe it was about 14kb/s speed.

F1Venom · 10-20-2014, 03:30 PM

Almost got to 1904 spx. Let's see if we sell off here.

F1Venom · 10-20-2014, 03:41 PM

If AAPL's ER beats after the bell today, then I don't see anything that would keep the market from rallying though.

E86Z · 10-20-2014, 06:14 PM

Aapl 101

F1Venom · 10-20-2014, 06:30 PM

Quote:

Originally Posted by E86Z

Aapl 101

Really small gain for the great ER.

Np2014 · 10-20-2014, 08:25 PM

Anyone buying trn after the blood bath today from the legal action?

JoeFromPA · 10-22-2014, 11:57 AM

Quote:

Originally Posted by JoeFromPA

Just bought KKR for 250 shares on Friday as I think it's modestly oversold.

Sold all shares today and cleared about a 7% gain for 12 days in.

Might be more room for upside on this stock in the near term, and it's got a great dividend for longer-term investments, but I'm happy with what I got out of it.

MetsFan · 10-23-2014, 12:01 PM

AAPL is doing great today. I'm glad I picked up more shares at $96 last week. It's broken above the $104 resistance line and looks to be heading higher in the short term.

F1Venom · 10-23-2014, 12:19 PM

Quote:

Originally Posted by MetsFan

AAPL is doing great today. I'm glad I picked up more shares at $96 last week. It's broken above the $104 resistance line and looks to be heading higher in the short term.

I have $110 as resistance. If it breaks above that then watch for a parabolic rise to the upside. Otherwise it could sell off into the $90s.

F1Venom · 10-23-2014, 12:19 PM

Anyone watching slv? I'm thinking it flushes to the $14s by the end of next week.

Myrder · 10-23-2014, 01:01 PM

Any opinions on AMZN earnings coming up? They are estimated to show a negative -.73, are off from their 52 week high by over 20%, so it seems like it's priced in... I have some but am long.

jasonn · 10-23-2014, 01:54 PM

Quote:

Originally Posted by nnnnnnnnnnnnnnnnnnnnnn

So one thing that makes me chuckle is you use ATH. Please stop using it. Nobody in the business uses it.

The past few weeks have been great. A lot of de-risking and sector rotation. Huge buying opportunities. Nobody who does this for a living is trying to a call a top or a bottom. Get in while it is cheap, maybe lose a little in the beginning, but make it big on the upside. This morning we saw a lot of heavy selling, then it completely switched around 1-1:30PM to opportunistic buying in certain sectors. Nobody is afraid except for risk management and compliance people. When your risk guy taps you on your shoulder and says it is time to shake a few positions off you do so to get him off your back. Its the best time to hunt for deals.

thanks for your post, I know this thread is for the technical guys, and still have no clue half the time the jargon they use but:

lowered my cost average when AAPL hit $95 and made a few thousand today;

lowered my cost average for GOOGL when it was around ~540s but it kept dropping; total loss around $140 as of today for that one but not worried.

bought some DIS when it was lowish

wanted to buy some more LUV but was too scared of the market/ebola/etc;

MrPrena · 10-23-2014, 04:13 PM

MSFT beat
AMZN did not
IBM did not beat....

Myrder · 10-23-2014, 04:28 PM

Quote:

Originally Posted by MrPrena

MSFT beat
AMZN did not
IBM did not beat....

Yep AMZN took a 10% smack.

. I mean I figured my amazon orders alone were enough to keep the company profitable...

F1Venom · 10-23-2014, 04:45 PM

This entire market rally off last week's lows is so shady and manipulated. I'm hearing that it was the Fed who saved the market by purchasing millions of /ES cts.

MrPrena · 10-23-2014, 07:08 PM

People call this dead cat bounce, sucker rally, fed speculation rally, etc, but I call it (For a 3rd time)....

MrPrena · 10-24-2014, 12:40 AM

Quote:

Originally Posted by Myrder

Yep AMZN took a 10% smack.

. I mean I figured my amazon orders alone were enough to keep the company profitable...

Maybe if amzn have a good post black friday+cyber mon post sales report, it can have a good 5% upward potential.

10-17-2014, 10:46 AM	#4577
mact3333 Captain 126 Rep 876 Posts Drives: 16' YMB/Blk F82 Join Date: Mar 2011 Location: Portland Area iTrader: (1)	Bounce as predicted...spy calls happy.......dead cat bounce will prob end around 1900-1905 spx
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10-20-2014, 03:30 PM	#4583
F1Venom Banned 76 Rep 961 Posts Drives: ZCP E90 M3 Join Date: Apr 2013 Location: USA iTrader: (0)	Almost got to 1904 spx. Let's see if we sell off here.
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10-20-2014, 03:41 PM	#4584
F1Venom Banned 76 Rep 961 Posts Drives: ZCP E90 M3 Join Date: Apr 2013 Location: USA iTrader: (0)	If AAPL's ER beats after the bell today, then I don't see anything that would keep the market from rallying though.
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10-20-2014, 06:14 PM	#4585
E86Z First Lieutenant 69 Rep 313 Posts Drives: 3.0si Join Date: Jun 2011 Location: Canada iTrader: (1)	Aapl 101
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10-20-2014, 08:25 PM	#4587
Np2014 Second Lieutenant 137 Rep 238 Posts Drives: M4 Bsm/Sb Join Date: Feb 2014 Location: Ohio iTrader: (0)	Anyone buying trn after the blood bath today from the legal action?
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10-23-2014, 12:01 PM	#4589
MetsFan Lieutenant 96 Rep 440 Posts Drives: 2013 G37x Join Date: May 2009 Location: MA iTrader: (1) Garage List 2007 BMW 328xi [0.00]	AAPL is doing great today. I'm glad I picked up more shares at $96 last week. It's broken above the $104 resistance line and looks to be heading higher in the short term.
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10-23-2014, 12:19 PM	#4591
F1Venom Banned 76 Rep 961 Posts Drives: ZCP E90 M3 Join Date: Apr 2013 Location: USA iTrader: (0)	Anyone watching slv? I'm thinking it flushes to the $14s by the end of next week.
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10-23-2014, 01:01 PM	#4592
Myrder Major 163 Rep 1,264 Posts Drives: 2010 E92 335i MSport 6MT LMB Join Date: Apr 2013 Location: WildWest iTrader: (1)	Any opinions on AMZN earnings coming up? They are estimated to show a negative -.73, are off from their 52 week high by over 20%, so it seems like it's priced in... I have some but am long. __________________ 2010\|335i\|LMB\|E92\|6MT\|MSport\|Logic7\|335is Clutch\|AE Performance\|BMS\|Walbro\|VRSF 7"\| 149.7mph NFZ AZ 1/2mi 1992\|Pontiac Firebird\|Mild 355ci\|T56\| -I will look on your treasures, gypsy. Is this understood?-
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10-23-2014, 04:13 PM	#4594
MrPrena Captain 1590 Rep 803 Posts Drives: BMW Hyundai Nissan Join Date: Jan 2014 Location: TB iTrader: (0)	MSFT beat AMZN did not IBM did not beat.... __________________ Beware of Jeff Oliver the fraud at Highland Expedition Outfitters (aka HEO or HEOutfitters) located in Cosby TN.
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10-23-2014, 04:45 PM	#4596
F1Venom Banned 76 Rep 961 Posts Drives: ZCP E90 M3 Join Date: Apr 2013 Location: USA iTrader: (0)	This entire market rally off last week's lows is so shady and manipulated. I'm hearing that it was the Fed who saved the market by purchasing millions of /ES cts.
	Appreciate 0 Quote

10-23-2014, 07:08 PM	#4597
MrPrena Captain 1590 Rep 803 Posts Drives: BMW Hyundai Nissan Join Date: Jan 2014 Location: TB iTrader: (0)	People call this dead cat bounce, sucker rally, fed speculation rally, etc, but I call it (For a 3rd time).... __________________ Beware of Jeff Oliver the fraud at Highland Expedition Outfitters (aka HEO or HEOutfitters) located in Cosby TN.
	Appreciate 0 Quote