[mact3333]

Guys, don't get crazy playing a counter trend bounce...smallish positions only...big positions are for early part of long term trend changes...like in mid to late 09'.

The biggest losses I have ever taken were in 2000-1 when many high flyers like fiber optics were slashed for 50% and I thought they were done going down. only to go down 80-90%.

I have seen many many mono sectors such as internet, banks, fiber optics, biotech, solar, nanotechnology, rare earth elements, 3D.

Its the same game over and over but different players and sectors.

Gotta find the momo sector early and ride them up and get out at the right time and don't get greedy...once you leave the position and sector don't ever go back.

When a high flying sector blows up its rare that any of those companies ever reach their all time highs ever again...stocks like AAPL, GOOG and AMZN can buck the trend but most cannot.

We are in the 7th inning earliest and 9th inning latest in this game, don't lose sight of this...the ones that think the game isn't cyclical or that we are in the 3rd inning are going to get their faced ripped off within the year.

[mact3333]

Look at the charts on Nasdaq, Russell and IBB(bios)...ugly looking charts...these are the leading charts...SPX and Dow on the cusp.

Todays reversal impressive, but I would need to see this 3 more days in a row before I am convinced.

[mact3333]

Never go against my vjet trade ever!...

[nnnnnnnnnnnnnnnnnnnnnn]

Originally Posted by SuperBmw

Should I be exiting DDD? I went in blindly after seeing your post and am now in a 5 figure loss for the first time ever haha. It's not a big deal, but cutting my losses would be nice if DDD is a sinking ship now.

Originally Posted by mact3333

Never go against my vjet trade ever!...

You have blood on your hands. Quit now.

[mact3333]

Originally Posted by nnnnnnnnnnnnnnnnnnnnnn

You have blood on your hands. Quit now.

How?...

[stylinexpat]

Originally Posted by F1Venom

China GDP came out and it's abysmal. Their market's up though...

We should see the Chinese Yuan depreciate pretty soon to help boost their exports and growth numbers. I doubt China would allow their currency appreciate as their export and growth numbers decline. I am shorting the Yuan on bounces up.

[M5Rlz]

Originally Posted by mact3333

When a high flying sector blows up its rare that any of those companies ever reach their all time highs ever again...stocks like AAPL, GOOG and AMZN can buck the trend but most cannot.

All 3 I picked up butt cheap and at least for AAPL I rode that pony twice.

[mact3333]

never mess with my VJET trades, no matter how dire it looks......hope that one guy kept his DDD and didn't get shaken down.

Most charts look repaired now.

[SuperBmw]

Originally Posted by mact3333

never mess with my VJET trades, no matter how dire it looks......hope that one guy kept his DDD and didn't get shaken down.

Most charts look repaired now.

I came home to a pleasant surprise today haha I ended up holding tight to see if it can hold 45. I'm close to breaking even now so it wasn't a bad ordeal.
At least I now know that a big loss will hardly bother me at all, I lost no sleep and only cared about it for about one day before forgetting I even invested in it.

[mact3333]

Originally Posted by SuperBmw

I came home to a pleasant surprise today haha I ended up holding tight to see if it can hold 45. I'm close to breaking even now so it wasn't a bad ordeal.
At least I now know that a big loss will hardly bother me at all, I lost no sleep and only cared about it for about one day before forgetting I even invested in it.

Thats great!...if it gaps up tomorrow, lighten up abit so its just gambling money and you can feel even more comfortable...

[F1Venom]

Looks like AAPL is up $45 pre-market. Wow. good for it though, it could retest the ATH's, or at least $640.

[Razzy]

Apple stock split incoming with 90B in buybacks

[F1Venom]

Originally Posted by Razzy

Apple stock split incoming with 90B in buybacks

Apple is well know to go on some massive runs when it decides to. I wonder if this could be the start of a retest of ATH's.

[NemesisX]

Twitter down 7.16%. Netflix down 6.39%. Facebook down 5.19%. All in one day.

Pretty big drops, no?

My gut feeling is that one or all of these may be good short term buys (3, 4% on a time scale on the order of days or weeks) on an inevitable "bounce" as investors find value given that these drops are pretty big.

Let's see how good I am at this.

4/25/14 ($ per share)

FB: $57.71
Twitter: $41.61
Netflix: $322.08

[BimmerPod]

Anyone see the head n shoulders that formed on the SPX? Also, NASDAQ's 50 day proves to be resistance.

[M5Rlz]

Originally Posted by mact3333

Thats great!...if it gaps up tomorrow, lighten up abit so its just gambling money and you can feel even more comfortable...

Picked some up got that nice 6% bump and dumped it made 2500

[stylinexpat]

Originally Posted by F1Venom

Looks like AAPL is up $45 pre-market. Wow. good for it though, it could retest the ATH's, or at least $640.

Carl Icahn is making bank on this Apple spike. He was in at around $500

[r0wr]

Originally Posted by F1Venom

Looks like AAPL is up $45 pre-market. Wow. good for it though, it could retest the ATH's, or at least $640.

Apple has no business being at 640.. I could only hope it gets that high so I can ride it down like I did the first time.

[F1Venom]

Originally Posted by r0wr

Apple has no business being at 640.. I could only hope it gets that high so I can ride it down like I did the first time.

Does not matter what business its price should be. If investors/traders are as bullish as they are now, then it could hit $800. Look at TSLA.

[PSUSMU]

Sad day for my BAC, but I'm not selling.

[Razzy]

Originally Posted by F1Venom

Apple is well know to go on some massive runs when it decides to. I wonder if this could be the start of a retest of ATH's.

Yea it may push ATH. We will have to wait and see. The next iPhone is predicted to launch in September. Some say maybe even sooner.

[Myrder]

Originally Posted by NemesisX

Twitter down 7.16%. Netflix down 6.39%. Facebook down 5.19%. All in one day.

Pretty big drops, no?

My gut feeling is that one or all of these may be good short term buys (3, 4% on a time scale on the order of days or weeks) on an inevitable "bounce" as investors find value given that these drops are pretty big.

Let's see how good I am at this.

4/25/14 ($ per share)

FB: $57.71
Twitter: $41.61
Netflix: $322.08

As of now.

FB: $58.65
Twitter: $38.18
Netflix: $311.54

I see TWTR recovering some.