Stock market tips and experiences

[F1Venom]

Man, I went short a couple of calls y/d which saved my ass today, but it was still brutal. I think we'll see upper $500s this year. This is all just a shake out.

[Vanity]

Who's the guy who was telling me Sept was going to be a bad month because statistically it's supposed to be? This is why I don't trade off stock almanacs like historical monthly performances and the such, sept is ripping the face off of all bears.


Won't be posting on here much cause no one seems to respond now.

[F1Venom]

Originally Posted by Vanity

Who's the guy who was telling me Sept was going to be a bad month because statistically it's supposed to be? This is why I don't trade off stock almanacs like historical monthly performances and the such, sept is ripping the face off of all bears.


Won't be posting on here much cause no one seems to respond now.

Seems like there's no end in sight. I wouldn't be surprised to see 1850 the way this is going. Have ~3% reactions and then get bought up to take us higher.

[gatorfast]

Cant figure this market out. Sold almost all of my positions earlier in the year to lock in big gains for fer a big correction was coming. Well months later it looks like I clearly acted wayyyyy too prematurely...

Oh well, like they say, no one ever got hurt taking a profit.

[leJUNd]

Originally Posted by gatorfast

Cant figure this market out. Sold almost all of my positions earlier in the year to lock in big gains for fer a big correction was coming. Well months later it looks like I clearly acted wayyyyy too prematurely...

Oh well, like they say, no one ever got hurt taking a profit.

Everytime I act prematurely... this goes through my head.

[Inspired]

Originally Posted by Inspired

yup

JCP $12.76
BBRY $10.30
YELP $51.67

I didn't put a lot of thought into this. Just opened a few charts and saw that the daily looks good and picked it.

Yesterday close

JCP $13.84
BBRY $10.43
YELP $64.58

Can't believe I am almost break even with BBRY. It was up over 10% and it sold off

[Vanity]

Originally Posted by Inspired

Yesterday close

JCP $13.84
BBRY $10.43
YELP $64.58

Can't believe I am almost break even with BBRY. It was up over 10% and it sold off

Very good yelp trade.

[RandomHero]

Originally Posted by Vanity

Who's the guy who was telling me Sept was going to be a bad month because statistically it's supposed to be? This is why I don't trade off stock almanacs like historical monthly performances and the such, sept is ripping the face off of all bears.
Won't be posting on here much cause no one seems to respond now.

I assume you're talking about me, but I suggest you re-read my post. I was making a response to your follow up post:

Originally Posted by Vanity

Not to sure if there's any historical performance to back up that kind of methodology, but I agree with point 1). Haha

My information only proved that September is historically one of the worst months for the market which is exactly what you asked for.

What I did in fact say:

Originally Posted by RandomHero

1.) Hit 1700 again by early September.

We hit 1689 on the 11th so .6% isn’t too far off.
Plus, September isn’t even half over yet so let’s not get ahead of ourselves.

[Vanity]

Originally Posted by RandomHero

I assume you're talking about me, but I suggest you re-read my post. I was making a response to your follow up post:

My information only proved that September is historically one of the worst months for the market which is exactly what you asked for.

What I did in fact say:

We hit 1689 on the 11th so .6% isn’t too far off.
Plus, September isn’t even half over yet so let’s not get ahead of ourselves.

Missed your post about 1700 SPX. Glad someone else was bullish though!

And September is only 52% of the time down. No edge anywhere. Statistically and historically not useful, just IMO of course. Lots of bears thought sept was going to be brutal just because it was sept.

[RandomHero]

Originally Posted by Vanity

Missed your post about 1700 SPX. Glad someone else was bullish though!

And September is only 52% of the time down. No edge anywhere. Statistically and historically not useful, just IMO of course. Lots of bears thought sept was going to be brutal just because it was sept.

Here's an article that came out after I made that post:

http://online.wsj.com/article/SB1000...712227466.html

Once again, I never said it carried weight with me or any other educated investor. I was simply proving a point that the "September Effect" is a term that has existed for some time.

[Vanity]

Originally Posted by RandomHero

Here's an article that came out after I made that post:

http://online.wsj.com/article/SB1000...712227466.html

Once again, I never said it carried weight with me or any other educated investor. I was simply proving a point that the "September Effect" is a term that has existed for some time.

Thoughts on current market conditions and levels?

[AndreyT]

Originally Posted by RandomHero

...Japan: I'm pretty bearish on Japan. They have a lot of issues to figure out specifically with their currency (Yuan)...

Huh?

[AndreyT]

Originally Posted by RandomHero

If your idea of a contributory post is to call me out on a technicality...

Well, at least I read your post. A rather rare occurrence in these forums these days.

Besides, what if this is some sort of chronic misspelling, which incidentally led you to develop your bearish sentiment on Japan? Maybe now, after I pointed it out to you, you will redo your research (this time with proper currency in mind) and revise your conclusions Wouldn't be the first time it happened in human history...

[RandomHero]

Originally Posted by AndreyT

Well, at least I read your post. A rather rare occurrence in these forums these days.

Besides, what if this is some sort of chronic misspelling, which incidentally led you to develop your bearish sentiment on Japan? Maybe now, after I pointed it out to you, you will redo your research (this time with proper currency in mind) and revise your conclusions Wouldn't be the first time it happened in human history...

George Bush often mispronounced of the word “Nuclear.” English teachers across the United States cringed every time he said the word. While his pronounciation was incorrect, most could infer what he meant.

I made a mistake that I happily noted, but my post was worded in a way that 99% of people (including you) could infer what I meant.

If we are having a discussion about Blackberry’s share price and someone says “I agree that BRBY is undervalued.” The conversation probably didn’t switch over to discussing Burberry, they probably just made an honest mistake.

Since you read my post and we’ve established that I misspelled “Yen” what are your thoughts on the content of what I wrote? It seems you want to add your conjecture on the matter, and I fully welcome a sophisticated discussion about it.

EDIT- I doubt I see you back in this thread to actually contribute a relevant thought. Having looked at your past posts, you're essentially a glorified troll- correcting people's spelling and/or arguing semantics. I'm not sure how a high school English teacher affords a BMW.

[schoy]

Originally Posted by AndreyT

Well, at least I read your post. A rather rare occurrence in these forums these days.

Besides, what if this is some sort of chronic misspelling, which incidentally led you to develop your bearish sentiment on Japan? Maybe now, after I pointed it out to you, you will redo your research (this time with proper currency in mind) and revise your conclusions Wouldn't be the first time it happened in human history...

Way to conclude that one technical error is materially indicative of a broader, serial problem ...

[Vanity]

Originally Posted by RandomHero

Interest Rates: Interest rates have risen, but I to an extent I think that's artificial. The housing market has largely improved, but I think as demand slows we may see a temporary drop in interest rates. I don't expect this to come within the next 6 months.
I'd argue the rising interest rates are more correlated with the job claims than with housing. I expect rates to continue rising towards 6% on the long end of the curve. It's healthy for the economy.

That's about all I disagree on for the most part. Is it the short end of the curve you believe is artificially inflated for the long end? I can see why after a 60%+ move on the short curve one might think it's run up too high. But overall I think the rates are moving in a healthy fashion based on continued strength in the US economy.

[mact3333]

next leg up has started...my longterm picture of new highs still intact...push up, then modest selloff, then final push up...then thats it...bear returns.

FB at 24, BBRY at 10.50...DDD at 35...TSLA at 45...AAPL at 400.00 and 420.00

[Vanity]

I say, DEATH TO THE SHORTS!

Was short VIX going into FOMC meeting. Made a killing! What a move!!

[Hisam135i]

Originally Posted by Vanity

I say, DEATH TO THE SHORTS!

Was short VIX going into FOMC meeting. Made a killing! What a move!!

well played sir. Well played.

[r0wr]

Originally Posted by Vanity

I say, DEATH TO THE SHORTS!

Was short VIX going into FOMC meeting. Made a killing! What a move!!

Go search up a chart of what happens after FOMC meetings. I wouldn't be trying to go long here by any means.

Originally Posted by mact3333

next leg up has started...my longterm picture of new highs still intact...push up, then modest selloff, then final push up...then thats it...bear returns.

FB at 24, BBRY at 10.50...DDD at 35...TSLA at 45...AAPL at 400.00 and 420.00

These aren't your current positions are they? I thought you were out of most of these long ago.

[r0wr]

And that's why I don't touch BBRY. Down 20% as of 12:39

[PSUSMU]

Originally Posted by r0wr

And that's why I don't touch BBRY. Down 20% as of 12:39

Yeah, unreal. Glad I got out. Longs should be praying for a $12 buyout.