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STOCK MARKET: Let's talk stocks and investing

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

  1. adoo

    adoo Member

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    yet, you asked me if u should sell your MSFT.

    which goes to show that the fundamental alone is not sufficient
     
  2. adoo

    adoo Member

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    yet, you asked me if you should sell your MSFT, which shows that fundamentals alone is not sufficient. u need more tools in the tool box

    btw, i answered ur question on TA; it's just that u don't understand it
     
  3. adoo

    adoo Member

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  4. Dr of Dunk

    Dr of Dunk Clutch Crew

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    Today, I watched it go through a trading range of $13.65 to $20.98 (after hours right now). Think about that... it opened at $15.98, dropped to $13.65, and is currently trading around $21. I've been watching this thing since it was $7-$8... and that was about a week ago. LOL. Kill me. BTW, a BTIG analyst raised his price target from $10 to $26 (!) on this sucker. I'm still too scared to buy because I know jack about them.
     
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  5. adoo

    adoo Member

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  6. Dr of Dunk

    Dr of Dunk Clutch Crew

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    That was a couple of days ago. The stock popped to $195 or so and tanked afterwards. Be careful because carriers are cancelling orders which is one reason why it tanked after that news.
     
  7. adoo

    adoo Member

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    since adding TA to my toolbox, i have less and less of this kind of experience, "still too scared to buy because I know jack about them"
     
  8. adoo

    adoo Member

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  9. adoo

    adoo Member

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  10. Dr of Dunk

    Dr of Dunk Clutch Crew

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    So you bought it and retired?
     
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  11. KingCheetah

    KingCheetah Atomic Playboy
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    I'll let you know in a decade or so how I ended up doing.
     
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  12. Dr of Dunk

    Dr of Dunk Clutch Crew

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    lol. That's more like it. :D

    I owned Boeing for years and had to get out. I'll eventually get back into it. Once coronavirus ends, it'll be fine.... maybe even before, if you're lucky.

    *EDIT* : I just looked ... I bought BA back in 2013 and sold it this year.
     
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  13. KingCheetah

    KingCheetah Atomic Playboy
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    I bought it a day before it hit bottom (knock on wood) so hopefully to the moon (literally).
     
  14. KingCheetah

    KingCheetah Atomic Playboy
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    xxxxx
     
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  15. Dr of Dunk

    Dr of Dunk Clutch Crew

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    Well, it's like everything else. You can disagree with it, but it does move markets. Just like Robinhood traders buying bankrupt stocks and moving them up... it makes no sense sometimes, but it's reality, so you have to factor it into whatever you're doing. There is some technical analysis that's actually rooted in sound logic, but there're others that make me wonder why I even bother putting money in the market. Just like everything, there are extremes and bastardizations of everything.
     
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  16. Sajan

    Sajan Member

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    Where? I don't see a response from you regarding what I asked.
    Yup. it's like moreyball. Sometimes the analytic minds can't see the whole picture because they get so caught up lines/graphs and numbers.

    You can't account for greed, fear, stupidity, panic in charts. Look at all the technicals done since Covid trying to find the "bottom" or the recovery...
    I honestly think the increase in retail investors is actually messing up a lot of this analysis. Probably why it's now a "kangaroo" market.
     
  17. Sajan

    Sajan Member

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    XXX
     
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  18. KingCheetah

    KingCheetah Atomic Playboy
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    Bought a boatload of tmr -- wish me luck.
     
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  19. CCity Zero

    CCity Zero Member

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    Very nice man, that's excellent plan on avoiding decay while getting good return on the run up to earnings. I'll let you know what I get in on.
     
  20. adoo

    adoo Member

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    the dizzying height of ignorance

    just the opposite is true. the uninformed is just too scared to find out or test it

    just like trump saying "increasing testing is the cause of increase of COVID19 infection
     
    #10640 adoo, Jul 1, 2020
    Last edited: Jul 1, 2020

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