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- #41
Grant 302
basic and well known psychic
Fomoco302 said:Another strong sales month. I'm holding tight.
Funny thing about good news...is when it's not as good as expected.
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Fomoco302 said:Another strong sales month. I'm holding tight.
I already do that 'on the side'...but I like to call local tops and bottoms...four-walling said:Buy on the dip and sell whatever that number of shares is after the stock goes up a dollar or so in the next 1-2 weeks?
I'm overweight on F...so I care!Is there a compelling reason to care about what this company does day to day?
....and I'm usually looking for more efficient trades.Besides making possibly $.50 or a $1.00 a share, in a short period of time?
Nah. What's to correct?caveat: ignore my advice if you believe the long awaited stock market correction will happen in the next couple of weeks.
While I see some of the merits in looking at JCP for the long shot...I wouldn't personally stick my hand in it. I prefer to use the lever to flush...P.S. I already blew it by waiting too long to jump into JCP as mentioned earlier in this thread-JCP is a dangerous momentum stock that can go sideways suddenly...
Mean reversion is one of the strongest influences on stock prices.four-walling said:The twitter IPO again shows that you have to ignore the fundamentals.
Scientific evidence shows that picking stocks by throwing darts at a board pasted with a list of stocks delivers returns at least equal to making informed investing decisions.
No.four-walling said:The twitter IPO again shows that you have to ignore the fundamentals.
Yes.Scientific evidence shows that picking stocks by throwing darts at a board pasted with a list of stocks delivers returns at least equal to making informed investing decisions.
NFSBOSS said:Mean reversion is one of the strongest influences on stock prices.
I'm not much of a trader but I do get to talk to the brightest minds on Wall Street and globally. You'd be surprised how many only buy index ETF's.Grant 302 said:Yes. Sad, but true. Psychology is a driver behind it. Even in a group with 90%+ consensus on the direction which a stock will move, it must move in the other direction. It still surprises me how useful bollinger bands are...
Is it time to take profits in the US equity markets?Grant 302 said:I've done a decent job of calling market moves since 1986.
NFSBOSS said:I'm not much of a trader but I do get to talk to the brightest minds on Wall Street and globally. You'd be surprised how many only buy index ETF's.
NFSBOSS said:Is it time to take profits in the US equity markets?
Grant 302 said:I already do that 'on the side'...but I like to call local tops and bottoms...I'm overweight on F...so I care!....and I'm usually looking for more efficient trades.Nah. What's to correct? While I see some of the merits in looking at JCP for the long shot...I wouldn't personally stick my hand in it. I prefer to use the lever to flush...
four-walling said:Well, JCP is up 50% in the last 30 days. I hate it when I miss calling the bottom...
four-walling said:looks like JCP is on the way downhill...