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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 11-30-2021, 11:41 AM   #11791
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Originally Posted by scho63 View Post
No surprises.....

Hope this market doesn't roll over.
We are coming up on the 50-day SMA for the SPY. Got a feeling we are going to smash through it and head to the 200. We broke through the 50 in September and never hit the 200. This time I think we will.
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Old 11-30-2021, 12:27 PM   #11792
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We are coming up on the 50-day SMA for the SPY. Got a feeling we are going to smash through it and head to the 200. We broke through the 50 in September and never hit the 200. This time I think we will.
What does this mean?
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Old 11-30-2021, 12:28 PM   #11793
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Big correction may be at hand. Too many bad stars alinging..

1. Omicron scare
2. Inflation
3. Tax loss selling season
4. Fed looking to continue if not speed up tappering
5. Biden spending too much $ at the wrong time
6. Supply chain issues taking too long to clear up


The last 3 days already wiped out the lasst 4 weeks of gains.....

Hold onto your beers cause water is going to get rough in the coming weeks
Getting killed this week.

Sent from my SM-G991U using Tapatalk
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Old 11-30-2021, 12:35 PM   #11794
Buehler445 Buehler445 is offline
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Originally Posted by chiefforlife View Post
What does this mean?
Simple Moving Average. It's a technical indicator. So a simple moving average of the last 50 days. So in an up market it will lag the market and is used in the industry as an indicator of a trend change.

Not to step on petes toes.
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Old 11-30-2021, 12:40 PM   #11795
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Originally Posted by chiefforlife View Post
What does this mean?
You don’t even technical?!?!?!
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Old 11-30-2021, 12:51 PM   #11796
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You don’t even technical?!?!?!
Im learning on the fly here. A LOT of you guys are really good at this.
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Old 11-30-2021, 02:09 PM   #11797
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Im learning on the fly here. A LOT of you guys are really good at this.
bUY ALL TEh amCeEES!
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Old 11-30-2021, 02:15 PM   #11798
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I'm going to dump AMC as soon as it even sniffs 40, like a filthy short
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Old 11-30-2021, 02:52 PM   #11799
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Agreed on everything Pete said. I’m only invested 20% currently in trading account. Won’t expose myself more until we see a possible end to this red.
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Old 11-30-2021, 02:54 PM   #11800
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I'm going to dump AMC as soon as it even sniffs 40, like a filthy short
Needs to rise 17% for your sell point given current price.
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Old 11-30-2021, 03:05 PM   #11801
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Needs to rise 17% for your sell point given current price.
You're good at math! Congrats!
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Old 11-30-2021, 05:27 PM   #11802
Hog's Gone Fishin Hog's Gone Fishin is offline
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Bought 62 shares of AMC at 33.28.

Let's ****ing ride.
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I'm going to dump AMC as soon as it even sniffs 40, like a filthy short
I had my buy order set at 34.50 when I left to work on a rent house this morning. Looks like it hit . Now Setting a sell order for $42

Also I dumped all 4 ARK funds I had last night and bought AAPL. I'm feeling pretty good about that move.
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Old 11-30-2021, 05:47 PM   #11803
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I had my buy order set at 34.50 when I left to work on a rent house this morning. Looks like it hit . Now Setting a sell order for $42

Also I dumped all 4 ARK funds I had last night and bought AAPL. I'm feeling pretty good about that move.
You take a loss on those ARK funds? I'm about to sell my ARKK position for a loss in my passive account. I just don't like many of her decisions the last half of the year. She's entering beaten down growth stocks without reason on many.
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Old 11-30-2021, 06:12 PM   #11804
Hog's Gone Fishin Hog's Gone Fishin is offline
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You take a loss on those ARK funds? I'm about to sell my ARKK position for a loss in my passive account. I just don't like many of her decisions the last half of the year. She's entering beaten down growth stocks without reason on many.
Yep, took a loss. I'm coming to the conclusion that AAPL is just about all anyone needs. I'm working towards getting 50% of my portfolio there. I just wish this AMC thingy would do something so I can free up some of that cash.
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Old 11-30-2021, 06:24 PM   #11805
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