Stock market tips and experiences

[PSUSMU]

Originally Posted by mact3333

TSLA!!!...been wanting in for weeks.

Sensing short term pullback...sold bbry in at at 11 up 40%....FB 24 up few %.....aapl 405 up 12%....ddd 33 up 20%

Will be buying these back in a week or so....mkts need to pull back just a little bit.

Yeah, I'm kicking myself for not getting in on TSLA at 35. My friend kept telling me to ignore it, because it's a sham. Sham or not, 50% is 50%.
Why sell BBRY? I bought more Sept 20 calls on Tuesday.

[mact3333]

Originally Posted by PSUSMU

Yeah, I'm kicking myself for not getting in on TSLA at 35. My friend kept telling me to ignore it, because it's a sham. Sham or not, 50% is 50%.
Why sell BBRY? I bought more Sept 20 calls on Tuesday.

I will buy back everything I sold in prob a week....sense a very short term pullback here.

I actually owned TSLA at 17 in the past when I was on their original list for the Model S! Bought M3 instead at the time.

[mact3333]

surprise surprise late day sell off...

[F1Venom]

Do you think that we hit 1650 before pulling back or is 1632 the short term top with 1600 to 1580 being the target for next week?

[RandomHero]

Originally Posted by F1Venom

Do you think that we hit 1650 before pulling back or is 1632 the short term top with 1600 to 1580 being the target for next week?

There aren't really any strong indicators to suggest that we would experience a significant pullback.

-Nothing is really changing in the Eurozone and it's pretty much bottomed out at this point.
-There are some serious issues in Japan with the Yen, borrowing, and deflation, but nothing that should really shock the US Economy in a big way.
-U.S. job numbers are continuing to improve
-The fiscal cliff is a thing of the past
-Most companies are still considered to be undervalued when comparing their P/E ratios to past years.
-The 10-year Treasury is still extremely low along with the fixed income market in general so investors are flocking to equities in order to get any kind of significant yield on their money.

The only things that really worry me:
-A lack of investor confidence. U.S. investors are like deer these days, and seem to spook easy at any sign of negativity.
-A real estate market pullback. REITs are paying some serious dividends right now, and I worry that if the real estate market slows, it will have a significant effect on REIT prices.
- An attack on a major oil refinery (likely in the Middle East). It wouldn't be a huge issue in terms of production, but this kind of thing scares people. It would raise oil prices significantly and people tend to get scared when gas gets expensive.

[mact3333]

Gap down and early selling on Monday.

[emanresu]

Originally Posted by mact3333

TSLA!!!...been wanting in for weeks.

Sensing short term pullback...sold bbry in at at 11 up 40%....FB 24 up few %.....aapl 405 up 12%....ddd 33 up 20%

Will be buying these back in a week or so....mkts need to pull back just a little bit.

Complete noob here. But WTH is going on here? When will sanity prevail and TSLA stop skyrocketing? I'm thinking it's due to two things (besides the earnings report and sales numbers): the superstar vibe of the company, and short squeezing.

What do y'all think of TSLA? Buy, short, or leave alone?

[mact3333]

Originally Posted by emanresu

Complete noob here. But WTH is going on here? When will sanity prevail and TSLA stop skyrocketing? I'm thinking it's due to two things (besides the earnings report and sales numbers): the superstar vibe of the company, and short squeezing.

What do y'all think of TSLA? Buy, short, or leave alone?

TSLA has all the momo players in it...I would like to buy it on pullback to 50 dam...RSI pegged at 87.8 now...I took small short position on TSLA today...it will be coming down soon....but ultimately I want to be long the stock for this year but not at these nosebleed level.

Stocks climb a wall of worry and then when the bear mkt hits next year we will ride the slope of hope down....

[mact3333]

we got the gap down this am as predicted...should see some selling for abit before the climb to 1750 starts yet again,.

[mact3333]

anyone get in on DDD when I brought it up 3 wks ago???...on a tear...up 50% since then...I re-bought 1/2 DDD sold few days ago and then at the open today...cant afford to let this one run without me....prob too late for others to get in now after this recent run(DDD, XONE, SSYS)

Re-bought BBRY today...waiting on AAPL and FB.

Still short on TSLA for now...think we get that shooting star candle on TSLA today for a reversal...volume down and while rising for past 3-4 days on TSLA...has peaked on ST basis for now imho.

[mact3333]

TSLA down 10 pts from the high today...now in the red as predicted...can anyone say "shooting star"???...

I am going to go out on a limb and say we see this pattern on TSLA by market close.

To be meaningful, you have to make these calls in real time, not the day after...I took the short on TSLA yesterday and when it was up huge at the open again today, shooting star reversal was the call....example of shooting star.

[amanda hor$t]

haven't been following the markets since cashing out a week ago... but i'm sensing some pullback in the short term.

[Kwando]

DE pulls back after earnings but not enough for me to get back in.

YHOO continues to be a big winner for me - up 80%.

[mact3333]

I am very close to rebuying AAPL(sold AAPL at 460 on 5/9/13)...one more down day will be good enough...AAPL re-cycling right now...sold that one at a ST top!.

Sold all my physical gold earlier this week, which luckily turned out to be a good move...metals clearly in a bear trend now...money better in the general mkts rather than in metals at this time.

[Inspired]

AAPL is toast. I think it will retest $420 and $400 again.

[mact3333]

If AAPL doesn't rebound starting tomorrow it could be heading to 350.00!

[r0wr]

Originally Posted by mact3333

If AAPL doesn't rebound starting tomorrow it could be heading to 350.00!

I stand by my calls, still holding all my shorts.

[Mr. Liu]

Still holding full position fo spy160 puts and iwm94 puts from last week. It has been very, very painful.

[F1Venom]

Originally Posted by mact3333

If AAPL doesn't rebound starting tomorrow it could be heading to 350.00!

I think it does. The last hour candle was very bullish and it has formed the bottom of a right shoulder on a significant inverse head and shoulder pattern. I think today was the bottom, and if there's selling early on it should get bought up pretty quickly.

[mact3333]

Originally Posted by Mr. Liu

Still holding full position fo spy160 puts and iwm94 puts from last week. It has been very, very painful.

Careful with buying puts on anything due to time decay...you have to be correct right away...with calls and puts its never up as much as you think it should when your are correct, and its always down more than you think it should be when you are incorrect.

I speak from experience unfortunately.

Only way to make big money is you have to be correct and it has to trade in your direction many days in a row.

Just chart TVIX over several yrs as an example...you would think there were some bear trends during this time frame but you would never know by looking at the chart.

I think the mkts due for short lived and smallish correction but the trend is up, hence I keep harping on 1750 SPX target...while I will close out longs if I sense brief pullback, I wont short a bull mkt in general...you can get killed by doing this...I will take some smallish short positions on individual stocks though like TSLA.

[mact3333]

Originally Posted by F1Venom

I think it does. The last hour candle was very bullish and it has formed the bottom of a right shoulder on a significant inverse head and shoulder pattern. I think today was the bottom, and if there's selling early on it should get bought up pretty quickly.

I re-bought small AAPL long position today...back in around 425ish...got some room to play with since I got out earlier this around 460.00

It will be easy to dump this one if it doesnt behave since we are at critical level now...not much holding it from tanking to 350.00 if we dont hold here.

[r0wr]

Originally Posted by F1Venom

I think it does. The last hour candle was very bullish and it has formed the bottom of a right shoulder on a significant inverse head and shoulder pattern. I think today was the bottom, and if there's selling early on it should get bought up pretty quickly.

Lol how much hype does AAPL need to finish strong at the end of the day? Their move at the end of the day was impressive but doesn't undo what they did during the day. I personally believe those are just day traders getting out of their shorts and pumping up a small rally prior to close. We'll see more down soon enough.