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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, 11:17 AM   #11881
Hammock Parties Hammock Parties is offline
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Bought 62 shares of AMC at 33.28.

Let's ****ing ride.
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Old 11-30-2021, 11:24 AM   #11882
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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
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Old 11-30-2021, 11:38 AM   #11883
scho63 scho63 is offline
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I would be surprised if this is a one-and-done sell off.
No surprises.....

Hope this market doesn't roll over.
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Old 11-30-2021, 11:41 AM   #11884
petegz28 petegz28 is offline
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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   #11885
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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   #11886
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Quote:
Originally Posted by petegz28 View Post
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   #11887
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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   #11888
lewdog lewdog is offline
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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   #11889
chiefforlife chiefforlife is offline
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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   #11890
Mr_Tomahawk Mr_Tomahawk is offline
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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   #11891
Hammock Parties Hammock Parties is offline
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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   #11892
lewdog lewdog is offline
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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   #11893
lewdog lewdog is offline
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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   #11894
Hammock Parties Hammock Parties is offline
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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   #11895
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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Originally Posted by Hammock Parties View Post
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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