Stock market tips and experiences

[NemesisX]

AMD with a huge drop today. -8% to reach 52 week low @ 2.71

I'm going to dip my feet into AMD and buy 15k shares. We'll see how that works out.

[mact3333]

interesting...SPX closed at 1906 today...so odds of my prediction hitting 1905 monday am is actually quite good after all...

Dumped EMES already...dont feel like holding anything over the weekend...the way we closed today I am back to my original theory.

I could see mom and pop really start to panic over the weekend with a lot of mkt order sells at the open come monday...we shall see.

[F1Venom]

I think 1780 or 1820 will be the floor. Then it's back to making some 2100 ATHs or something? Haha

[MrPrena]

Originally Posted by NemesisX

AMD with a huge drop today. -8% to reach 52 week low @ 2.71

I'm going to dip my feet into AMD and buy 15k shares. We'll see how that works out.

Oh boy, I am so buried on AMD, that it will take 6mo to recover IF shoulder appears on this crazy market. It was suppose to be quick in and out. Sold all shares, except AMD and look what happened.... My dumbass mistake thinking that AMD was immune from market correction territory. (if you look at my post about selling all my Sprint 2days prior to neg trend).

Now, I need to allocate my RAD money to buy AMD at lower cost avg.

If I were you, I would play safe and buy 7.5k before earning, and 7.5k after.

[NemesisX]

Originally Posted by MrPrena

Oh boy, I am so buried on AMD, that it will take 6mo to recover IF shoulder appears on this crazy market. It was suppose to be quick in and out. Sold all shares, except AMD and look what happened.... My dumbass mistake thinking that AMD was immune from market correction territory. (if you look at my post about selling all my Sprint 2days prior to neg trend).

Now, I need to allocate my RAD money to buy AMD at lower cost avg.

If I were you, I would play safe and buy 7.5k before earning, and 7.5k after.

Too late. I already bought the shares before I posted that message

That's ok, though. During after hours trading AMD dipped to a low of 2.70 and actually hit a local high of 2.80. Even if I can make a short term gain of ~10% with AMD I'll be thrilled. I'll probably call it quits and sell at a loss if AMD drops 25% below my purchase price.

Right now I'm really focused on TVIX. I'm just itching for SPY to reach another all time high so I can feel confident getting in again. If we ever get around to that point I'm fairly certain I'll go in heavier than I did last time (maybe 70k or 75k shares @ mid $2s I'm guessing).

If that doesn't happen I don't think I'll touch TVIX again. It's just far too risky of an instrument to get in nonchalantly as an amateur. But man if the S&P500 hits even 2000 (which is still shy of its all time high) I'll probably jump in on TVIX again.

[MrPrena]

Good move.
I've been following AMD since 2012, and made good trade AND investment on it. Changing CEO to Lisa Su was a great move. Every conference call, Lisa was probably only one who wasn't (or at least sound like) talking off of teleproctor. However, timing was really off. I think most of people probably analyze this as possible missed earning. However, the company has fiduciary duty to warn in most cases.

Their Soc , apu and gpu will be good. Console will be available to China. I just hope they can announce few semi-custom deals on conference call this Thursday.

Originally Posted by NemesisX

Too late. I already bought the shares before I posted that message

That's ok, though. During after hours trading AMD dipped to a low of 2.70 and actually hit a local high of 2.80. Even if I can make a short term gain of ~10% with AMD I'll be thrilled. I'll probably call it quits and sell at a loss if AMD drops 25% below my purchase price.

Right now I'm really focused on TVIX. I'm just itching for SPY to reach another all time high so I can feel confident getting in again. If we ever get around to that point I'm fairly certain I'll go in heavier than I did last time (maybe 70k or 75k shares @ mid $2s I'm guessing).

If that doesn't happen I don't think I'll touch TVIX again. It's just far too risky of an instrument to get in nonchalantly as an amateur. But man if the S&P500 hits even 2000 (which is still shy of its all time high) I'll probably jump in on TVIX again.

[mact3333]

GPRO and MBLY finally crackling now.

And yes my 1905 by monday call was hit on monday.....

More selling to come.

[F1Venom]

Originally Posted by mact3333

GPRO and MBLY finally crackling now.

And yes my 1905 by monday call was hit on monday.....

More selling to come.

Yeah, I tried to get into puts for those last week but the spreads were ridiculous. And shorting them is hard as not many brokerage houses have those to short.

[JoeFromPA]

I'm just a random stock picker, nowhere near the experts on here, but I have a pretty good history of riding short-term volatility to a modest gain (i.e. 3% in 1-2 weeks). I just look for fundamentally solid territory with recent volatility and an appearance of being oversold....yeah, I don't crunch many numbers

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

Of course, I sold Alny last week for an 8% gain prior to today's announcement spiking it by 22%. Can't always time it perfectly

[mact3333]

what did I tell you guys about mom and pop taking a look over weekend and starting to panic abit.....

Remember this post from 8/25/14??...we topped in mid Sept.



All time high hit as predicted...Targeting 2028 SPX ...within next several weeks I bet for that top...will unload all longs soon to get ready for significant int term selloff...probably when Apple announces iPhone 6.

[mact3333]

all about supply and demand...technicals sniff out the possibilities before it is overtly apparent...hence imho, trumps everything...fundamentals kind of work during bulls but so does throwing darts....during bears, fundamentals doesn't matter...so what has changed in all the stocks that have and will continued to fall with respect to earnings potential over past few weeks...nothing...but they will go down like all other stocks cause thats what happens during bears, even if its a mini-bear.

I have some friends who in poker terms would be called donkeys and they were spouting off stuff about MBLY and GPRO from their brokers and scalping some points...that virtually guarantees a significant selloff is coming.

Kind of like during the real estate bubble when doctors and lawyers thought they were real estate developers....

[P1]

Originally Posted by NemesisX

AMD with a huge drop today. -8% to reach 52 week low @ 2.71

I'm going to dip my feet into AMD and buy 15k shares. We'll see how that works out.

I pretty much doubled my money on FB. I see that AMD after hours is down to $2.50. Sell FB and buy AMD?

[JasonCSU]

Originally Posted by NemesisX

Too late. I already bought the shares before I posted that message

That's ok, though. During after hours trading AMD dipped to a low of 2.70 and actually hit a local high of 2.80. Even if I can make a short term gain of ~10% with AMD I'll be thrilled. I'll probably call it quits and sell at a loss if AMD drops 25% below my purchase price.

Right now I'm really focused on TVIX. I'm just itching for SPY to reach another all time high so I can feel confident getting in again. If we ever get around to that point I'm fairly certain I'll go in heavier than I did last time (maybe 70k or 75k shares @ mid $2s I'm guessing).

If that doesn't happen I don't think I'll touch TVIX again. It's just far too risky of an instrument to get in nonchalantly as an amateur. But man if the S&P500 hits even 2000 (which is still shy of its all time high) I'll probably jump in on TVIX again.

Correct me if I am wrong, but I thought you were a young guy in college. How does someone earn that kind of money to invest while in school?

[F1Venom]

Dang. Free fall mode every day. I guess this is what the end of a bull market looks like... So Mact, you're looking for continued downside and then a rally to near or new ATHs but on negative divergence?

[MrPrena]

Originally Posted by JasonCSU

Correct me if I am wrong, but I thought you were a young guy in college. How does someone earn that kind of money to invest while in school?

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.

[F1Venom]

I've gotta hand it to Mact though. He's been calling the market correctly for the past several years almost to the dot. I think he's some Wall Street billionaire pretending to be a regular ole' M3 driver on an Internet forum.

[mact3333]

anyone having fun yet?...

[Inspired]

Nice one Mact. I've been 100% cash on my swing trades since last month.

[F1Venom]

Originally Posted by mact3333

anyone having fun yet?...

Any support levels or are we going to clear into the 1700s?

[mact3333]

Originally Posted by Inspired

Nice one Mact. I've been 100% cash on my swing trades since last month.

you are a smart one......imagine how much you would be down if you were 100% all in still?...not pretty...and then if you are all in and freaking out, you know with 95% certainty the moment you panic sell, the mkts will either bounce or make a bottom just to annoy you further...mkts are great for stealing from the avg joe...its set up for that actually.

I told you guys mom and pop would wake up this past weekend and selling will get fierce cause nobody likes to lose the entire years gain and this exacerbates the free fall even further.

Most of the stock price movements can be explained by human nature and character rather than fundamentals.

Its abit early to call a bottom(even a temporary one) cause i need to examine the charts more.

Anyone else find it odd to get accurate mkt forecasts for free going on 3-4 yrs on a BMW message board?......and i don't even drive a BMW anymore...maybe I should help my Audi compatriots out?... just kiddin haha.

F1Venom...man was I close to pulling trigger on that GTR during recent fire sale.

[F1Venom]

Mact, just trade for a day and you'll make more than enough for one. And if you'd like to know, dealers are still getting those $10k incentives from Nissan so I'm sure you can get a 2014 BE for mid-$80s now.

[mact3333]

remember one thing...the reason you don't try to catch the exact top is because when it turns bearish it falls at 10 times the rate as bullish grind, so there isn't a lot of time to react.

many will lose most if not all their previous bull gains within 2-4 weeks of a bear cause thats how fast it will free fall...matter for fact, the first few weeks often look like normal healthy pullbacks...in the meantime, something nasty is brewing underneath.

Many will grind out gains during bulls cause its like throwing darts and but you need to catch the hot sector and ride it, but the real key is knowing when to get out...at the end of the day getting out of the way of a bear is just as important as catching it on the upside cause it can go away and turn into losses really fast.