Stock market tips and experiences

[BayMoWe335]

Originally Posted by NickyC

Nothing to worry about, BTFD!!

I am a proponent of "buying the dip" too, but the only problem is, when is it done dipping? How much do you put in when it dips? When it dips more, do you have more money to buy or did you use it all the last dip?

Is this the dip or did is just begin?

Dips are only easy to see when you look back and it's too late. Buying now would be smart if we bounce back to dow 20,000, but stupid if we "dip" back to dow 10,000.

Problem is, no one really knows. Your best bet is to keep consistently buying and maybe double your rate when it drops 10%. You need some principals or you'll just be guessing.

You think in 2009 when it dropped to 10,000 people thought that was the dip? Oh wait, it went to 6500.

[SunnyD]

[MrPrena]

Originally Posted by BayMoWe335

The only problem with your statement is the latest hammering really has little to do with AAPL and more to do with the greater market selloff. You could have said the same thing about DIS, NFLX, AMZN, TSLA, IBM, MSFT, XOM, etc etc and been right.

This just gives the bulls a lower entry point. I'd be worried if AAPL got hammered while everything else was up...not the case. This is ugly for a lot of companies and AAPL still has better growth than GOOGL and the best balance sheet in the world. It's not perfect, but you could do far worse.

What problem?
I just quoted the price of apple.

[ASBSECU E93]

...even when its down....

[MrPrena]

Originally Posted by ASBSECU E93

...even when its down....

That statement never gets old.

[BayMoWe335]

Hold me.

[ska///235i]

OUCH!

[mact3333]

Long spy calls at spx 1970 near open....been long dto....reversal coming today.

But more selling to come later after massive yet short term reversal.

[gtron]

i would love to buy a few things while everyone is panic selling. any suggestions?

[NickyC]

Originally Posted by gtron

i would love to buy a few things while everyone is panic selling. any suggestions?

Go long the Fed plunge protection team.

[ska///235i]

China is allowing 401k to invest in their stock market, its down 1000+ as an adjustment

US is panicing

[mact3333]

did someone say reversal?....half way there SPX "only" down 45 now but 100 point reversal now!....

[Blackhawks]

Too bad I didn't get in on the UNH +13 swing early this morning.

[NickyC]

Love the quote from Deutsche bank this morning:

"The fragility of this artificially manipulated financial system was exposed over the last couple of days of last week. It all ended with the S&P 500 falling -3.19% on Friday - its worst day since November 9th 2011.

* * *

We've long felt that the only thing preventing another financial crisis has been extraordinary central bank liquidity and general interventions from the global authorities which we still expect to continue for a long while yet. So when policy changes, risks arise. The genesis of this recent sell-off has been the threat of the Fed raising rates next month, but China's confrontational move two weeks ago and the subsequent knock-on through EM have accelerated us towards something more serious. We always thought something would get in the way of the Fed raising rates in September and we're perhaps seeing this now. With 24 days to go until we find out, the probability of a hike has gone down to 34% from a 54% recent peak on August 9th. Having said we always thought something would come along to derail a Fed rate hike we probably should have gone underweight credit. However with trading liquidity poor and with a reasonably high desire to be long amongst investors there has to be a big move to justify the change in stance. Also with a strong possibility that the Fed will relent and that China could add more stimulus soon, there may be a small window to be short European credit. So at the moment this could be a dangerous time to sell. However if it wasn't for expected intervention and extraordinary central bank policy we would be very bearish as the global financial system remains an artificial construct reliant on the largesse of the authorities."

Go Fed plunge protection team!! BUY LEMMINGS BUY!!!!

[fecurtis]

Visual approximation of Apple's market cap:

[ska///235i]

Originally Posted by fecurtis

Visual approximation of Apple's market cap:
[IMG]https://41.media.tumblr.com/b5168a57...45rfo1_500.jpg[/IMG]

Thats not funny

[mact3333]

people better get those neck braces on...whipsaws a comin!...they sell c-collars at Walgreens.....

so whats next?...hmmm....80 point SPX intraday swing so far?

[mact3333]

1. oil looking to make a bottom soon, will unload DTO soon and go long UCO
2. sooo, what will you do when SPX nears 1800-1820?...dont know about you but I will be buying when others crapping themselves.
3. I still don't think we have entered a longterm bear though(i.e.-40-50% correction)...thats coming later!

[MrPrena]

Originally Posted by mact3333

people better get those neck braces on...whipsaws a comin!...they sell c-collars at Walgreens.....

so whats next?...hmmm....80 point SPX intraday swing so far?

Originally Posted by mact3333

1. oil looking to make a bottom soon, will unload DTO soon and go long UCO
2. sooo, what will you do when SPX nears 1800-1820?...dont know about you but I will be buying when others crapping themselves.
3. I still don't think we have entered a longterm bear though(i.e.-40-50% correction)...thats coming later!

Originally Posted by mact3333

did someone say reversal?....half way there SPX "only" down 45 now but 100 point reversal now!....

LOL. thanks for all the update what you are doing. I am sure you contributed to stock market thread in the past.

No offense, but your statement is like:

"I think THIS will happen, but THIS might not happen. THAT may happen, if OTHER happens."

Economics and finance is not same as practicing medicine. Gotta predict the timing. I assume you don't play with options?

Timing will be greatly appreciated. Giving a price target at "0-Infinity" is easy. However, giving SPECIFIC price target respect to SPECIFIC timeline within 4-9 trading day var would be much harder.

[1MOREMOD]

Ah the sky is falling

[ASBSECU E93]

Originally Posted by fecurtis

Visual approximation of Apple's market cap:

...not cool....

funny, but wrong

F'n A....Chinese markets in free fall AGAIN....

[MrPrena]

Originally Posted by ASBSECU E93

...not cool....

funny, but wrong

F'n A....Chinese markets in free fall AGAIN....

Shenghai down again around 4%. However, Asian market mixed.

World markets
Shanghai 3,071.06 -138.84 (-4.33%)
Nikkei 225 18,687.97 +147.29 (0.79%)
Hang Seng Index 21,595.74 +344.17 (1.62%)
TSEC 7,648.51 +238.17 (3.21%)