Author Topic: Stocks (Read 1433599 times)

Sport · « **Reply #2900 on:** February 06, 2018, 05:26:53 PM »

Quote from: ChaimMoskowitz on February 06, 2018, 04:49:09 PM

To all the guru's. Anyone calling a top this month?

Thinking you can call a top or bottom of a market disqualifies you from the title of guru.

ChaimMoskowitz · « **Reply #2901 on:** February 06, 2018, 05:37:37 PM »

Quote from: Sport on February 06, 2018, 05:26:53 PM

Thinking you can call a top or bottom of a market disqualifies you from the title of guru.

Maybe that is why no guru's answered?

ludmila · « **Reply #2902 on:** February 07, 2018, 03:31:21 AM »

Quote from: ExGingi on February 06, 2018, 04:27:52 AM

As hard as it is to resist things on your own, it's so much harder when you feel a duty to explain and warn others, especially if they are young enough to have no real memory (as in a personal portfolio that suffered losses) to remember.

Intellectually they will say, OK, so it crashed, took a while to come back, then 2008 came, and look what happened since. Everything will come back and be higher. They find it hard to Internalize that starting point makes a huge difference, that certain times when liquidating assets are beyond your control, etc. etc.

One of my favorite articles on the topic is Richard Russell's a"h Rich Man Poor Man (search Google, it's been published in several places, though only a few of them have the full version.

Excellent article by Richard Russell, thanks for posting it .

ExGingi · « **Reply #2903 on:** February 07, 2018, 04:46:15 AM »

Quote from: ludmila on February 07, 2018, 03:31:21 AM

Excellent article by Richard Russell, thanks for posting it .

It is one of 12 excellent pieces which John Mauldin put together in his book (actually a compilation) Just One Thing. Recommended read.

ADG · « **Reply #2904 on:** February 07, 2018, 10:55:07 AM »

this one? https://books.google.com/books/about/Just_One_Thing.html?id=_FAkW1Qc3jUC&printsec=frontcover&source=kp_read_button#v=onepage&q&f=false

joeberg · « **Reply #2905 on:** February 07, 2018, 11:55:05 AM »

Quote from: ludmila on February 01, 2018, 11:02:19 PM

Today, USD/NOK closed at 7.64 for the first time!!

Still holding your short?

ludmila · « **Reply #2906 on:** February 08, 2018, 12:29:40 AM »

Quote from: joeberg on February 07, 2018, 11:55:05 AM

Still holding your short?

Yes I am still short, the USD got stronger against all currencies in the last 3 days due to talk about higher interest rates, that is what also tanked the market, I still can't tell if the USD reversed or is just retracing part of the down move, soon it'll be clearer, I placed a stop at 8.155, still profitable for me if it gets hit. Make sure you place a stop and stick to it, do not let a profitable trade turn to a loss no matter what.

ElectricCPR · « **Reply #2907 on:** February 08, 2018, 10:50:19 AM »

Any thoughts on Twitter's surge in response to it's earnings? Would you sell or hold?

ADG · « **Reply #2908 on:** February 08, 2018, 03:45:15 PM »

Quote from: ElectricCPR on February 08, 2018, 10:50:19 AM

Any thoughts on Twitter's surge in response to it's earnings? Would you sell or hold?

I would not have bought.

But I will tell what I am holding... VIX- because you should have known massive corrections would be coming.

ElectricCPR · « **Reply #2909 on:** February 08, 2018, 03:53:09 PM »

Quote from: ADG on February 08, 2018, 03:45:15 PM

I would not have bought.

But I will tell what I am holding... VIX- because you should have known massive corrections would be coming.

I bought a while ago for a great price

ExGingi · « **Reply #2910 on:** February 08, 2018, 04:36:02 PM »

Quote from: ADG on February 08, 2018, 03:45:15 PM

I would not have bought.

But I will tell what I am holding... VIX- because you should have known massive corrections would be coming.

And how exactly are you holding VIX?

VIX isn't really an asset, it is a derivative. And Exchange Traded products are derivatives of that derivative.

Caveat emptor.

ADG · « **Reply #2911 on:** February 08, 2018, 05:34:25 PM »

term still applies

ExGingi · « **Reply #2912 on:** February 08, 2018, 05:46:16 PM »

Quote from: ADG on February 08, 2018, 05:34:25 PM

term still applies

Would you care to answer the question? How are you "holding" VIX?

I am unaware of any way to "hold" VIX. Though I am aware of products one can trade which are based on the VIX.

Yammer · « **Reply #2913 on:** February 08, 2018, 06:12:02 PM »

Quote from: ElectricCPR on February 08, 2018, 03:53:09 PM

I bought a while ago for a great price

+1

TBD · « **Reply #2914 on:** February 08, 2018, 08:31:12 PM »

Quote from: ADG on February 08, 2018, 03:45:15 PM

I would not have bought.

But I will tell what I am holding... VIX- because you should have known massive corrections would be coming.

If you have "known", than you should of shorted the S & P 500

Ephraimh · « **Reply #2915 on:** February 08, 2018, 08:56:25 PM »

Quote from: ElectricCPR on February 08, 2018, 10:50:19 AM

Any thoughts on Twitter's surge in response to it's earnings? Would you sell or hold?

I’m long TWTR since Aug 2015, definitely not selling now that it’s finally starting to perform, might even add more if the broad market pulls it down a bit more like it did today.

Ephraimh · « **Reply #2916 on:** February 09, 2018, 01:20:13 PM »

Some shameless credit taking here!
Roughly 6 months ago (on Aug 18 2017 to be exact) we (@jungarmtl, @ExGingi and yours truly) had a discussion on whether to buy baba or amzn after it dipped 10% at the time,
(The discussion started here if you’re interested:

Quote from: jungarmtl on August 18, 2017, 09:21:21 AM

if it's for long term i would say $BABA stock is a long term potential growing stock

Quote from: Ephraimh on August 18, 2017, 10:34:05 AM

AMZN embodies the entire BABA model and then some. Their cloud business itself is a huge growth potential. So if you see growth potential in BABA (which I understand, but am super skeptical, I mean it's China after all, Mr. Ma could just disappear one day!) I'd rather buy AMZN at this recent 10% dip even with its ridiculous P/E ratio which is a non factor at the rate Bezos is reinvesting.

Well, fast forward 6 months, amzn wildly outperformed baba by some 30%

point being, amzn has now dipped again I think it’s a major opportunity to buy it you’ll thank me in 6 months

TBD · « **Reply #2917 on:** February 09, 2018, 01:29:54 PM »

I dont know why you had to wait for the dip to get this major opportunuity when on Jan 18-3 weeks ago you could of bought it for the same price. and if than the underlyings didnt push you to buy it than, what exactly changed in this 3 weeks....?

davidrotts63 · « **Reply #2918 on:** February 09, 2018, 01:37:25 PM »

Quote from: thebudgetdeals on February 09, 2018, 01:29:54 PM

I dont know why you had to wait for the dip to get this major opportunuity when on Jan 18-3 weeks ago you could of bought it for the same price. and if than the underlyings didnt push you to buy it than, what exactly changed in this 3 weeks....?

And 5 years ago it was a quarter of the price.... Point is its been steady growth all along, and we can assume it'll continue, a week ago it would have been smart to buy to, but now it's on sale.

Ephraimh · « **Reply #2919 on:** February 09, 2018, 01:37:37 PM »

Quote from: thebudgetdeals on February 09, 2018, 01:29:54 PM

I dont know why you had to wait for the dip to get this major opportunuity when on Jan 18-3 weeks ago you could of bought it for the same price. and if than the underlyings didnt push you to buy it than, what exactly changed in this 3 weeks....?

They reported a blowout earnings report during this 3 week period..