Stock market tips and experiences

[mact3333]

Originally Posted by mact3333

watch at 1255-60 SPX, gonna see profit taking...bears capitulate, bulls take profit...clockwork.

The SPX high was 1258!...Tossing softballs underhanded here.......this reaction(profit taking from battered bears) expected but key is 1250-60...by end of week, mkt will define which way we for awhile.

Still would like to see more participation here or thread dies.

[mact3333]

Buying support at ES 1232.

[johanness]

I'd love to participate, but I've got nothing to add. I find it wayyy interesting tho. Keep up the good work

[mact3333]

Originally Posted by johanness

I'd love to participate, but I've got nothing to add. I find it wayyy interesting tho. Keep up the good work

Are you from Vancouver, WA???...if so we are neighbors...

[Vanity]

Originally Posted by mact3333

Are you from Vancouver, WA???...if so we are neighbors...

If that's so, then I'm your lost twin living in Vancouver, Canada

[mact3333]

cleared long positions...still have all my AGQ!

Gold and Silver is telling us something right now...deals with tomorrows european news ...metals saying there is more money printing to be done.

[Dr. G]

Originally Posted by johanness

I'd love to participate, but I've got nothing to add. I find it wayyy interesting tho. Keep up the good work

Same here, I have nowhere the technical knowledge you guys have. I'm more of a home made trader who's had unreal luck, but I do find all your analysis' very interesting and I follow this thread daily.

I haven't made any moves in a long time, I've just been holding my 10-12 holdings for the last 7-8 months.... bad idea since they go up/down/up/down and always end up in the exact same spot.

[mact3333]

Originally Posted by mact3333

as noted last week, bears are ready to capitulate...move shoud be fast to 1250-1260, the target I have been spewing for wks now....ya see, even when bears were quite giddy early last week you have to trust the charts and not fall for their traps.

1250-60 will be key, if mkts reject(mkts cant hold 1215-20), we will be heading below 1100 again...if mkts accept prices above, were headed towards 1320-1350.

1250 area is key...watch this area very very closely as it will define the action for next few months.

Reaction off of 1250-60 now done and over with...next level is 1220 as i noted few days ago...gotta hold there or its gonna prob get ugly.

[mact3333]

NFLX...now AMZN...hmm...recession anyone?.



SAN FRANCISCO (MarketWatch) -- Amazon.com Inc. said Tuesday afternoon that earnings plunged by 73% in the third quarter as a sharp ramp-up in spending offset a strong surge in sales. For the period ended Sept. 30, Amazon AMZN -14.29% reported net income of $63 million, or 14 cents a share, compared to net income of $231 million, or 51 cents a share, for the same period the previous year. Revenue jumped 44% to $10.88 billion. Analysts were expecting earnings of 24 cents a share on revenue of $10.95 billion for the quarter, according to consensus forecasts from FactSet Research.

[MidwestGolfBum]

Didn't NFLX basically shoot themselves in the foot with the price increase, Quickster and then going back on Quickster?

AMZN seems like they are having more capital outlay for products like the Kindle line now than a year ago as well as the sales tax debates hurting them some.

I could very well be wrong, as I do not know nearly as much as many of you in this thread.

[mact3333]

BRCM and TXN missed too....hmmm....AMZN still a great business but people have high expectations right now.

Originally Posted by ecjohnston

Didn't NFLX basically shoot themselves in the foot with the price increase, Quickster and then going back on Quickster?

AMZN seems like they are having more capital outlay for products like the Kindle line now than a year ago as well as the sales tax debates hurting them some.

I could very well be wrong, as I do not know nearly as much as many of you in this thread.

[Vanity]

Has anybody taken a look at the volume at the end of trading tomorrow..........? Holy FUCK! Something big is happening tomorrow. That spike in volume has completely overshadowed the volume that took us down in the morning, by at least 5 times the volume..... Holy shit.

Mact you think tomorrow is going to show panic selling?

[BayMoWe335]

Originally Posted by mact3333

NFLX...now AMZN...hmm...recession anyone?.



SAN FRANCISCO (MarketWatch) -- Amazon.com Inc. said Tuesday afternoon that earnings plunged by 73% in the third quarter as a sharp ramp-up in spending offset a strong surge in sales. For the period ended Sept. 30, Amazon AMZN -14.29% reported net income of $63 million, or 14 cents a share, compared to net income of $231 million, or 51 cents a share, for the same period the previous year. Revenue jumped 44% to $10.88 billion. Analysts were expecting earnings of 24 cents a share on revenue of $10.95 billion for the quarter, according to consensus forecasts from FactSet Research.

NFLX was stupid management and ridiculous valuation that never made sense. AMZN had solid revenue but spent like crazy (prob a lot of discretionary spending to invest in the future). Neither of these 2 would indicate a recession to me. AMZN was/is overvalued and has more downside. I wouldn't touch it.

I'd be more worried about a recession on reports from companies that actually missed big for slowdown reasons. (CMI, MMM, TXN)

[mact3333]

Originally Posted by mact3333

Reaction off of 1250-60 now done and over with...next level is 1220 as i noted few days ago...gotta hold there or its gonna prob get ugly.

anyone notice the low today?...1221....does TA work?...you tell me....

[rallysport]

Nice call! I just can't bring myself to risk it in this market. Watch what happens in amazement every day... lol

[335i101]

Buy PL

[ejheverest]

Lived across from Hood River, Oregon(White Salmon) Great place to mtn. bike, hike and take advantage of the outdoors. Worked with Insitu employees.

Anyway, RIG, HES, NOV, GE, BAC, CVX on my watchlist. Also follow $SPX since I used to only trade that index.
My charts aren't giving me a buy signal yet.... so I'm still on the sidelines since late May of this year. (sold RIG, MEE before the buyout, WDC)

[335i101]

Originally Posted by ejheverest

Lived across from Hood River, Oregon(White Salmon) Great place to mtn. bike, hike and take advantage of the outdoors. Worked with Insitu employees.

Anyway, RIG, HES, NOV, GE, BAC, CVX on my watchlist. Also follow $SPX since I used to only trade that index.
My charts aren't giving me a buy signal yet.... so I'm still on the sidelines since late May of this year. (sold RIG, MEE before the buyout, WDC)

Lol, I still have rig, recently picked up chevron.

What's "charts" do u all use??

[stylinexpat]

[mact3333]

Originally Posted by mact3333

as noted last week, bears are ready to capitulate...move shoud be fast to 1250-1260, the target I have been spewing for wks now....ya see, even when bears were quite giddy early last week you have to trust the charts and not fall for their traps.

1250-60 will be key, if mkts reject(mkts cant hold 1215-20), we will be heading below 1100 again...if mkts accept prices above, were headed towards 1320-1350.

1250 area is key...watch this area very very closely as it will define the action for next few months.

Initial rejection off of 1250 produced...downturn to 1220...check...reaction off of 1220...check...1250 cleared...check.

Everyone will watch 1270-75 level as 200 dma coming in there...if I was the powers that be, since people will short this level I would ram it through there and get all the bears to capitulate and when they all get on board above 1300 and 90% of the people are fully bullish, this mkt will then tank to remove funds from these same bears gone bull...but thats just me.......there will be tough times ahead, mark my words.


Were on a buy signal now for awhile...europe just sealed their fate and they will pay us a favor like we did to them with credit crisis in 2008...sovereign debt crisis will be their payback to us.

[BayMoWe335]

I've finally waited long enough to be right on CSCO...nice run back from the dead. Good job Chambers. Still has room to hit $20, but I will start raising cash.

Nice bounce, but tough times could be ahead. I think we drift higher through the holidays. After that, perhaps sideways to lower.

[BayMoWe335]

Originally Posted by coldasicex5

anyone hear nething about AERN? got a friend telling me to invest in that asap

You're kidding? The entire company is worth $8,000. Don't take stock tips from friends.