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Short term trades in the stock market •$$$$$•

Chappi

Well-known member
I think SQ is diving into blockchain and cryptocurrencies......heads up...CEO was talking about it a while back and the stock has surged like crazy this year.
 

Chappi

Well-known member
It gapped up 500+ dollars. Let’s see if that shooting star confirms anything. I expect a retest of that gap. Hopefully it doesn’t get filled. If it does I may btfd haha
 

TNTBudSticker

Well-known member
Veteran
UAL (United Airlines) Had that Fiasco back awhile then and it seems they recovered a bit then the CEO leaves without an 2018 plan hence the big Drop today at $59.78 (-$8.21)...
$40.00 would be a Strong resistance level if it ever went there.

Yikes... I like Winners.
 

Chappi

Well-known member
Take your profits people, market is getting over extended. Imo this is a good time to begin to close out your positions not start new ones.
 

TNTBudSticker

Well-known member
Veteran
Take your profits people, market is getting over extended. Imo this is a good time to begin to close out your positions not start new ones.
Unless you're Short UAL :) $57.25 is a resistence level I would watch.


Bitcoin now has hit $6300...Heard someone planned to buy an Iphone just by holding onto bitcoin for a week and get the IphoneX paid for.

Now that's cool.:woohoo:
 

slownickel

Active member
ICMag Donor
Veteran
AAPL Jan 18 calls at $250 bought at $0.86 two months ago. Hit $2.09 today....

Apple is going to announce their self driving car soon. Sentiment is still against Apple.... LMAO
 
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St. Phatty

Active member
Take your profits people, market is getting over extended. Imo this is a good time to begin to close out your positions not start new ones.

No Kidding !

Doesn't anybody follow PE ratios ?

Also there are simple historical trends such as "reversion to mean".

A fancy way of saying, the market is now pricing stocks at about double what it would normally price them, based on earnings.


I've stopped buying stuff from Amazon. They tried to auto-enroll me in Prime - i.e. they created a financial contract in my name without my permission.

Pretty sure that I wasn't singled out :woohoo:
 

Chappi

Well-known member
Fundamentals went out the window when stock buybacks became the norm.

Trump will appoint a new head of the Fed. Based on his MO I would expect him to appoint someone who will keep rates low and keep the market bubble to new heights. AKA MAGA for the rich.
 

Douglas.Curtis

Autistic Diplomat in Training
Found recently...
18 Light Coins, packed away when they were worth $16 ($0.50/each). Exchanged for a total of around $1,100 last week. Miniature stream of btc from lifetime contract at Genesis-Mining... accumulated $100 in btc the last year. .49 DASH, at $264 each. ;) Quit mining dash, because it took a week to mine that .49 and it was worth about $3 at the time. lol

All of it couldn't have come at a better time. lol
 

yesum

Well-known member
ICMag Donor
Veteran
What is the safest way to buy e- currency and how to sell it? I sat on buying the ANT coin and watched it go up 300x in six months. If I were sure of security of buying and selling I will try a good one in the pennys range and hope for a ramp up like happens with a few.
 

BigPete

Member
overdraft, I was considering buying bitcoin and the moment it started to drop sell, I surely would make a handsome profit
 

Douglas.Curtis

Autistic Diplomat in Training
Personally, I'd look at it more of a long term investment. Here in the USA, I get an overdraft fee from my bank, every 10 days I'm negative fundage. Can you hold out long enough for BTC to recover? ;) I remember attempting to talk someone out of mortgaging their house a few years ago (not to buy btc, but to buy into an iffy investment. They would have lost everything)... I sometimes wonder if I succeeded.

Buy it, hold it. HERO, BitShares (excellent decentralized trading platform and coin), LTC, BTC (of course), ZEC (I'm mining mine on Genesis-Mining with a 2yr contract), ETH and possibly DASH. I'm betting a bit on ZEC doing well, as it's the first coin capable of truly anonymous, trust-less transactions. We'll see. :)

(edit: Is this too off line for "Short Term Trades"?? BTC now at $7Kusd *facepalm*)
 
so depressed I sold my bitcoins last year at 400 bucks each, literally like fucking suicidal depressed watching these prices. Last week it was 7k Canadian now its over 9k Canadian 7kusd... I had 200 of the things :(

So hard not to think about the what ifs... I bet theres tons of people in my shoes but I also know tons of people are getting rich right now.

I remember saying it was stupid for me to buy in again at 2k each... FML
 

Douglas.Curtis

Autistic Diplomat in Training
so depressed I sold my bitcoins last year at 400 bucks each, literally like fucking suicidal depressed watching these prices. Last week it was 7k Canadian now its over 9k Canadian 7kusd... I had 200 of the things :(

So hard not to think about the what ifs... I bet theres tons of people in my shoes but I also know tons of people are getting rich right now.

I remember saying it was stupid for me to buy in again at 2k each... FML
Could be worse... I remember reading a forum posting years ago. "Here you go, take 30,000 they're worthless!!" :huggg:
 

gorilla ganja

Well-known member
so depressed I sold my bitcoins last year at 400 bucks each, literally like fucking suicidal depressed watching these prices. Last week it was 7k Canadian now its over 9k Canadian 7kusd... I had 200 of the things :(

So hard not to think about the what ifs... I bet theres tons of people in my shoes but I also know tons of people are getting rich right now.

I remember saying it was stupid for me to buy in again at 2k each... FML

Don't feel bad, happens to all of us at one time or another. I just heard yesterday that one of the original founders of Apple, had a 10% stake in the company. Sold his stocks 2 weeks after getting them for $800 bucks. They said it would be worth about $78 Billion now. Bet that story makes you feel a little better.

Peace GG
 
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