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      09-06-2013, 12:23 PM   #1739
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Originally Posted by e92tt1986 View Post
Would you recommend purchasing some shares now and sell in early october?
I think this would be a good idea?
Anyone think otherwise?
Just remember that if you lose on that position, no one is going to help you trade back that loss. Ultimately, despite what you read here, do your own research and have your own conviction in your positions.
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      09-07-2013, 12:49 AM   #1740
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My oh my, glad I closed out yesterday. 50 dma failed spectacularly.

Take it over bears
Hit 1664 50dma. Failed test today. Despite the over-reaction to Putin's thing today, markets were bullish enough to rally back afterwards. Omitting that press release, today's BLS# was a sleeper as I thought.

My theory was that there were some VIX premiums being built up leading into BLS today, appears the VIX was not hedging for these numbers. FOMC meeting is where the fear is at, but it will be a non-bearish event. Everyone will tell you taper matters though. It does not.


Above 1664 and we move to 1680. Above there we make new all-time highs and VIX <12.
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      09-11-2013, 04:17 PM   #1741
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I expect a nice rally this week and next leading to the event. I think tomorrow it'll hit $510.
Still holding those AAPL shares?

Ready to sell them to me?
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      09-11-2013, 07:18 PM   #1742
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Man, I went short a couple of calls y/d which saved my ass today, but it was still brutal. I think we'll see upper $500s this year. This is all just a shake out.
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      09-11-2013, 08:52 PM   #1743
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Who's the guy who was telling me Sept was going to be a bad month because statistically it's supposed to be? This is why I don't trade off stock almanacs like historical monthly performances and the such, sept is ripping the face off of all bears.


Won't be posting on here much cause no one seems to respond now.
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      09-11-2013, 09:00 PM   #1744
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Quote:
Originally Posted by Vanity
Who's the guy who was telling me Sept was going to be a bad month because statistically it's supposed to be? This is why I don't trade off stock almanacs like historical monthly performances and the such, sept is ripping the face off of all bears.


Won't be posting on here much cause no one seems to respond now.
Seems like there's no end in sight. I wouldn't be surprised to see 1850 the way this is going. Have ~3% reactions and then get bought up to take us higher.
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      09-12-2013, 07:14 AM   #1745
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Cant figure this market out. Sold almost all of my positions earlier in the year to lock in big gains for fer a big correction was coming. Well months later it looks like I clearly acted wayyyyy too prematurely...

Oh well, like they say, no one ever got hurt taking a profit.
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      09-12-2013, 10:13 AM   #1746
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Cant figure this market out. Sold almost all of my positions earlier in the year to lock in big gains for fer a big correction was coming. Well months later it looks like I clearly acted wayyyyy too prematurely...

Oh well, like they say, no one ever got hurt taking a profit.
Everytime I act prematurely... this goes through my head.
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      09-12-2013, 11:30 AM   #1747
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yup

JCP $12.76
BBRY $10.30
YELP $51.67

I didn't put a lot of thought into this. Just opened a few charts and saw that the daily looks good and picked it.
Yesterday close

JCP $13.84
BBRY $10.43
YELP $64.58

Can't believe I am almost break even with BBRY. It was up over 10% and it sold off
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      09-12-2013, 04:07 PM   #1748
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Originally Posted by Inspired View Post
Yesterday close

JCP $13.84
BBRY $10.43
YELP $64.58

Can't believe I am almost break even with BBRY. It was up over 10% and it sold off
Very good yelp trade.
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      09-13-2013, 12:47 PM   #1749
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Quote:
Originally Posted by Vanity View Post
Who's the guy who was telling me Sept was going to be a bad month because statistically it's supposed to be? This is why I don't trade off stock almanacs like historical monthly performances and the such, sept is ripping the face off of all bears.
Won't be posting on here much cause no one seems to respond now.
I assume you're talking about me, but I suggest you re-read my post. I was making a response to your follow up post:
Quote:
Originally Posted by Vanity View Post
Not to sure if there's any historical performance to back up that kind of methodology, but I agree with point 1). Haha
My information only proved that September is historically one of the worst months for the market which is exactly what you asked for.

What I did in fact say:
Quote:
Originally Posted by RandomHero View Post
1.) Hit 1700 again by early September.
We hit 1689 on the 11th so .6% isnít too far off.
Plus, September isnít even half over yet so letís not get ahead of ourselves.
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      09-13-2013, 02:13 PM   #1750
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Quote:
Originally Posted by RandomHero View Post
I assume you're talking about me, but I suggest you re-read my post. I was making a response to your follow up post:

My information only proved that September is historically one of the worst months for the market which is exactly what you asked for.

What I did in fact say:

We hit 1689 on the 11th so .6% isnít too far off.
Plus, September isnít even half over yet so letís not get ahead of ourselves.
Missed your post about 1700 SPX. Glad someone else was bullish though!

And September is only 52% of the time down. No edge anywhere. Statistically and historically not useful, just IMO of course. Lots of bears thought sept was going to be brutal just because it was sept.
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      09-13-2013, 02:32 PM   #1751
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Missed your post about 1700 SPX. Glad someone else was bullish though!

And September is only 52% of the time down. No edge anywhere. Statistically and historically not useful, just IMO of course. Lots of bears thought sept was going to be brutal just because it was sept.
Here's an article that came out after I made that post:

http://online.wsj.com/article/SB1000...712227466.html

Once again, I never said it carried weight with me or any other educated investor. I was simply proving a point that the "September Effect" is a term that has existed for some time.
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      09-13-2013, 04:54 PM   #1752
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Quote:
Originally Posted by RandomHero View Post
Here's an article that came out after I made that post:

http://online.wsj.com/article/SB1000...712227466.html

Once again, I never said it carried weight with me or any other educated investor. I was simply proving a point that the "September Effect" is a term that has existed for some time.
Thoughts on current market conditions and levels?
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      09-16-2013, 09:53 AM   #1753
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Quote:
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...Japan: I'm pretty bearish on Japan. They have a lot of issues to figure out specifically with their currency (Yuan)...
Huh?
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      09-16-2013, 11:21 AM   #1754
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Quote:
Originally Posted by RandomHero View Post
If your idea of a contributory post is to call me out on a technicality...
Well, at least I read your post. A rather rare occurrence in these forums these days.

Besides, what if this is some sort of chronic misspelling, which incidentally led you to develop your bearish sentiment on Japan? Maybe now, after I pointed it out to you, you will redo your research (this time with proper currency in mind) and revise your conclusions Wouldn't be the first time it happened in human history...

Last edited by AndreyT; 09-16-2013 at 11:26 AM.
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      09-16-2013, 12:42 PM   #1755
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Well, at least I read your post. A rather rare occurrence in these forums these days.

Besides, what if this is some sort of chronic misspelling, which incidentally led you to develop your bearish sentiment on Japan? Maybe now, after I pointed it out to you, you will redo your research (this time with proper currency in mind) and revise your conclusions Wouldn't be the first time it happened in human history...
George Bush often mispronounced of the word “Nuclear.” English teachers across the United States cringed every time he said the word. While his pronounciation was incorrect, most could infer what he meant.

I made a mistake that I happily noted, but my post was worded in a way that 99% of people (including you) could infer what I meant.

If we are having a discussion about Blackberry’s share price and someone says “I agree that BRBY is undervalued.” The conversation probably didn’t switch over to discussing Burberry, they probably just made an honest mistake.

Since you read my post and we’ve established that I misspelled “Yen” what are your thoughts on the content of what I wrote? It seems you want to add your conjecture on the matter, and I fully welcome a sophisticated discussion about it.

EDIT- I doubt I see you back in this thread to actually contribute a relevant thought. Having looked at your past posts, you're essentially a glorified troll- correcting people's spelling and/or arguing semantics. I'm not sure how a high school English teacher affords a BMW.

Last edited by RandomHero; 09-16-2013 at 01:55 PM.
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      09-16-2013, 03:47 PM   #1756
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Quote:
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Well, at least I read your post. A rather rare occurrence in these forums these days.

Besides, what if this is some sort of chronic misspelling, which incidentally led you to develop your bearish sentiment on Japan? Maybe now, after I pointed it out to you, you will redo your research (this time with proper currency in mind) and revise your conclusions Wouldn't be the first time it happened in human history...
Way to conclude that one technical error is materially indicative of a broader, serial problem ...
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      09-16-2013, 08:26 PM   #1757
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Interest Rates: Interest rates have risen, but I to an extent I think that's artificial. The housing market has largely improved, but I think as demand slows we may see a temporary drop in interest rates. I don't expect this to come within the next 6 months.
I'd argue the rising interest rates are more correlated with the job claims than with housing. I expect rates to continue rising towards 6% on the long end of the curve. It's healthy for the economy.
That's about all I disagree on for the most part. Is it the short end of the curve you believe is artificially inflated for the long end? I can see why after a 60%+ move on the short curve one might think it's run up too high. But overall I think the rates are moving in a healthy fashion based on continued strength in the US economy.
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      09-18-2013, 01:16 PM   #1758
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next leg up has started...my longterm picture of new highs still intact...push up, then modest selloff, then final push up...then thats it...bear returns.

FB at 24, BBRY at 10.50...DDD at 35...TSLA at 45...AAPL at 400.00 and 420.00
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      09-18-2013, 01:52 PM   #1759
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I say, DEATH TO THE SHORTS!

Was short VIX going into FOMC meeting. Made a killing! What a move!!
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      09-19-2013, 06:26 PM   #1760
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I say, DEATH TO THE SHORTS!

Was short VIX going into FOMC meeting. Made a killing! What a move!!
well played sir. Well played.
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