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STOCK MARKET: Let's talk stocks and investing

Discussion in 'BBS Hangout' started by SWTsig, Jun 2, 2008.

  1. HoustonTexas

    HoustonTexas Member

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    I bought at $7.36 on Friday :/

    I'm wondering the same thing but now I don't know if it might go all the way down to $3 soon
     
  2. benchmoochie

    benchmoochie Member

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    Im looking to short SLB if doesn't go over $90.
     
  3. benchmoochie

    benchmoochie Member

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    I agree with this. if you freaking out about paper losses when your trade is active, then you are going to large. most novice investors are taking on 10-20% risk when they should be taking on 2-3%.
     
  4. paulnhbtx

    paulnhbtx Member

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    airline stocks are down this am
     
  5. SK34

    SK34 Member

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    For someone looking to get into stock trading and stocks.. what are your advice and where should I begin in terms of understanding the stock market?
     
  6. paulnhbtx

    paulnhbtx Member

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    anyone know much about VGHCX down 18.71 today
     
  7. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
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    Biotech is down big today.
     
  8. paulnhbtx

    paulnhbtx Member

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    Robbie any biotechs you suggest picking up that are down big?
     
  9. Ron from the G

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    Got short Russells this morning and shorting crude here. Swings.
     
  10. paulnhbtx

    paulnhbtx Member

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    UPL Is down big.. May have to jump on this when the market re-opens
     
  11. benchmoochie

    benchmoochie Member

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    staying with energy shorts and ready to press. Houston is in deep S H I T. will be epic real estate crash.
     
  12. Air Langhi

    Air Langhi Contributing Member

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    Might be a good time to buy oil services stock. They seem crushed. Oil is going back up in a year or so, and they will probably rebound nicely.
     
  13. Ron from the G

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    Well that worked out well. I actually closed both Friday and got back in on the close. Then closed them out again just before lunch today along with some volatility longs. Depending on the price action I might go small on a crude long this afternoon.
     
  14. benchmoochie

    benchmoochie Member

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    The trend is your friend. rather than trying to predict which way it's going why don't you look at the indicators. I don't see any buy indicator here. But I see you want to average in. Just difficult to average in on a falling knife syndrome.
     
    #7674 benchmoochie, Jan 5, 2015
    Last edited: Jan 5, 2015
  15. benchmoochie

    benchmoochie Member

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    huge block on the exc feb 35puts. its about 7x normal volume.
     
  16. mikus

    mikus Member

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    Making some good money on UVXY today. I bought in at 21 during the "quiet" holidays. Will hold it for a bit.
     
  17. benchmoochie

    benchmoochie Member

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    I tried some bottom fishing on apple for some mere bounce. attracted to the risk reward on this. if it breaks the today low of 105.41 then I will sell.
     
  18. Air Langhi

    Air Langhi Contributing Member

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    I am talking about the longer term. I don't think oil is going to be 40 bucks for that long. Trying to predict short term stock prices is kind of futile.
     
  19. benchmoochie

    benchmoochie Member

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    I agree for the long term, but I prefer not to average cost buy in on any energy stocks until the selling trend comes to some bottoming action on WTI Crude. I don't see that on the USO chart yet.
     
  20. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
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    It's not futile when the trend is clear. Be patient you will have time to pick them up.
     

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