JHZR2
Staff member
I can't imagine it taking another drop. Of course since I said that it probably will!
Investors....come in please!
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JHZR2
Staff member
Of course I was wrong!
Originally Posted By: Turk
I wanna get some LNCO, but there's that "catching a falling knife" scenario in the chart, so I better wait a bit...
I don't like the looks either. I was toying with selling cash secured puts against LINE, but when in doubt I stay out .
I wanna get some LNCO, but there's that "catching a falling knife" scenario in the chart, so I better wait a bit...
I don't like the looks either. I was toying with selling cash secured puts against LINE, but when in doubt I stay out .
JHZR2
Staff member
Yeah but it bounced off the $27.91 and all the statistics seem to be in good position.
If I make a few bucks or do a swap with some of my higher priced shares that I got under divvy reinvestment, I think it will be OK.
It dropped past the first support of 28.71, but has a few more at 26.47 and 25.60. I can't imagine anything would price the stock into those levels, because even without divvy growth, the yield would be really high.
But time will tell. I mean, the news is thin and only really "analysis". Yes, BRY was expensive and yes, distribution coverage is thin. OK. But I have to imagine this was all priced in as the stock started to rise post BRY and SEC. So how much of this is a Cramer knee-jerk? Folks holding are still pulling in a tax-advantaged nearly 10%.
If I make a few bucks or do a swap with some of my higher priced shares that I got under divvy reinvestment, I think it will be OK.
It dropped past the first support of 28.71, but has a few more at 26.47 and 25.60. I can't imagine anything would price the stock into those levels, because even without divvy growth, the yield would be really high.
But time will tell. I mean, the news is thin and only really "analysis". Yes, BRY was expensive and yes, distribution coverage is thin. OK. But I have to imagine this was all priced in as the stock started to rise post BRY and SEC. So how much of this is a Cramer knee-jerk? Folks holding are still pulling in a tax-advantaged nearly 10%.
Originally Posted By: JHZR2
Yeah but it bounced off the $27.91 and all the statistics seem to be in good position.
If I make a few bucks or do a swap with some of my higher priced shares that I got under divvy reinvestment, I think it will be OK.
It dropped past the first support of 28.71, but has a few more at 26.47 and 25.60. I can't imagine anything would price the stock into those levels, because even without divvy growth, the yield would be really high.
But time will tell. I mean, the news is thin and only really "analysis". Yes, BRY was expensive and yes, distribution coverage is thin. OK. But I have to imagine this was all priced in as the stock started to rise post BRY and SEC. So how much of this is a Cramer knee-jerk? Folks holding are still pulling in a tax-advantaged nearly 10%.
I think people just feel like selling that's all. I stayed out because I just think there might be better entry points. But who knows? I'm watching GM.
Yeah but it bounced off the $27.91 and all the statistics seem to be in good position.
If I make a few bucks or do a swap with some of my higher priced shares that I got under divvy reinvestment, I think it will be OK.
It dropped past the first support of 28.71, but has a few more at 26.47 and 25.60. I can't imagine anything would price the stock into those levels, because even without divvy growth, the yield would be really high.
But time will tell. I mean, the news is thin and only really "analysis". Yes, BRY was expensive and yes, distribution coverage is thin. OK. But I have to imagine this was all priced in as the stock started to rise post BRY and SEC. So how much of this is a Cramer knee-jerk? Folks holding are still pulling in a tax-advantaged nearly 10%.
I think people just feel like selling that's all. I stayed out because I just think there might be better entry points. But who knows? I'm watching GM.
Has anybody looked at WIN?
Originally Posted By: Turk
Look at the almost straight line down in all 3 big indexes today.....
Weekly momentum sell signal triggered and now the divergence in 30 year treasuries and the Vix is finally here; Vix never made a lower low and now 30 year treasuries relative to the S&P500 made a higher high along with the S&P500 it self. Last 2 times that happened were 2011 and 2007. That has been my signal for a longer term top.
Look at the almost straight line down in all 3 big indexes today.....
Weekly momentum sell signal triggered and now the divergence in 30 year treasuries and the Vix is finally here; Vix never made a lower low and now 30 year treasuries relative to the S&P500 made a higher high along with the S&P500 it self. Last 2 times that happened were 2011 and 2007. That has been my signal for a longer term top.
Finally. My 457 contribution will purchase indexes on sale today.
Originally Posted By: Oldmoparguy1
Has anybody looked at WIN?
I own WIN. It's almost exactly at what I bought it at. But does pay a fat divi. PF put a sell on it last month or so.
Today I bought SDRL and a little LINE in another account.
Has anybody looked at WIN?
I own WIN. It's almost exactly at what I bought it at. But does pay a fat divi. PF put a sell on it last month or so.
Today I bought SDRL and a little LINE in another account.
SDRL has a nice div....
Quite the trading thread we have here. For fun, I just read the first 4 posts of this thread - and they were actually quite on the money, so to speak. A smart person said to diversify with low-cost index funds and another said that they lost or broke even on single stocks.
If these "trading strategies" were such a sure thing, how would that work in an efficient market? Someone has to loose on the deal. How is it that you specifically know something more than everyone else? They have access to the same, if not more info than you do. Especially when you're doing this on the side, part-time against professional money managers who do it for a living and still cannot consistently beat the market!
Get rich slowly: buy low-cost index funds, regarding risk/reward - pick an Asset Allocation that you are comfortable with (and stick to it! - no panic selling), save often, invest early and live below your means. You will retire with money this way. Its much more boring than gambling, though.
If these "trading strategies" were such a sure thing, how would that work in an efficient market? Someone has to loose on the deal. How is it that you specifically know something more than everyone else? They have access to the same, if not more info than you do. Especially when you're doing this on the side, part-time against professional money managers who do it for a living and still cannot consistently beat the market!
Get rich slowly: buy low-cost index funds, regarding risk/reward - pick an Asset Allocation that you are comfortable with (and stick to it! - no panic selling), save often, invest early and live below your means. You will retire with money this way. Its much more boring than gambling, though.
Originally Posted By: surfstar
Quite the trading thread we have here. For fun, I just read the first 4 posts of this thread - and they were actually quite on the money, so to speak. A smart person said to diversify with low-cost index funds and another said that they lost or broke even on single stocks.
If these "trading strategies" were such a sure thing, how would that work in an efficient market? Someone has to loose on the deal. How is it that you specifically know something more than everyone else? They have access to the same, if not more info than you do. Especially when you're doing this on the side, part-time against professional money managers who do it for a living and still cannot consistently beat the market!
Get rich slowly: buy low-cost index funds, regarding risk/reward - pick an Asset Allocation that you are comfortable with (and stick to it! - no panic selling), save often, invest early and live below your means. You will retire with money this way. Its much more boring than gambling, though.
That is all well and good for SAVING FOR RETIREMENT, which is different than trading. If you're swing trading using any kind of leverage which I do, you have to take objective signals and abide by them even if you get whipsawed out. That looks like what happened last week going into this week for trading the SP500 which is what I focus almost entirely on.
Quite the trading thread we have here. For fun, I just read the first 4 posts of this thread - and they were actually quite on the money, so to speak. A smart person said to diversify with low-cost index funds and another said that they lost or broke even on single stocks.
If these "trading strategies" were such a sure thing, how would that work in an efficient market? Someone has to loose on the deal. How is it that you specifically know something more than everyone else? They have access to the same, if not more info than you do. Especially when you're doing this on the side, part-time against professional money managers who do it for a living and still cannot consistently beat the market!
Get rich slowly: buy low-cost index funds, regarding risk/reward - pick an Asset Allocation that you are comfortable with (and stick to it! - no panic selling), save often, invest early and live below your means. You will retire with money this way. Its much more boring than gambling, though.
That is all well and good for SAVING FOR RETIREMENT, which is different than trading. If you're swing trading using any kind of leverage which I do, you have to take objective signals and abide by them even if you get whipsawed out. That looks like what happened last week going into this week for trading the SP500 which is what I focus almost entirely on.
JHZR2
Staff member
Originally Posted By: Drew99GT
Originally Posted By: surfstar
Quite the trading thread we have here. For fun, I just read the first 4 posts of this thread - and they were actually quite on the money, so to speak. A smart person said to diversify with low-cost index funds and another said that they lost or broke even on single stocks.
If these "trading strategies" were such a sure thing, how would that work in an efficient market? Someone has to loose on the deal. How is it that you specifically know something more than everyone else? They have access to the same, if not more info than you do. Especially when you're doing this on the side, part-time against professional money managers who do it for a living and still cannot consistently beat the market!
Get rich slowly: buy low-cost index funds, regarding risk/reward - pick an Asset Allocation that you are comfortable with (and stick to it! - no panic selling), save often, invest early and live below your means. You will retire with money this way. Its much more boring than gambling, though.
That is all well and good for SAVING FOR RETIREMENT, which is different than trading. If you're swing trading using any kind of leverage which I do, you have to take objective signals and abide by them even if you get whipsawed out. That looks like what happened last week going into this week for trading the SP500 which is what I focus almost entirely on.
Not sure I like the idea of leverage (checking my account, TD Ameritrade, it looks like the rate for margin is around 8%), though for some of the big divvy payers it may make sense to some.
But I agree. I keep a segment of my funds for trading versus long term investment, and the intent is to enhance the overall rate of return. The last few years where Ive been doing it in earnest, the return is indeed higher.
Im not risk-averse, but can appreciate that one can lose their shirt, which is why index and DCA is so important as a portion of the overall approach.
Also, as funds get to be too large (could be the case in an individual account but is generally more for the big mutual funds), indexing and fewer, more precise buy and holds is essential because there is not enough agility to move large dollar amounts in and out without causing your own peturbations. Retail investors/traders can be a real bane of our existance, but can also do some interesting things...
Originally Posted By: surfstar
Quite the trading thread we have here. For fun, I just read the first 4 posts of this thread - and they were actually quite on the money, so to speak. A smart person said to diversify with low-cost index funds and another said that they lost or broke even on single stocks.
If these "trading strategies" were such a sure thing, how would that work in an efficient market? Someone has to loose on the deal. How is it that you specifically know something more than everyone else? They have access to the same, if not more info than you do. Especially when you're doing this on the side, part-time against professional money managers who do it for a living and still cannot consistently beat the market!
Get rich slowly: buy low-cost index funds, regarding risk/reward - pick an Asset Allocation that you are comfortable with (and stick to it! - no panic selling), save often, invest early and live below your means. You will retire with money this way. Its much more boring than gambling, though.
That is all well and good for SAVING FOR RETIREMENT, which is different than trading. If you're swing trading using any kind of leverage which I do, you have to take objective signals and abide by them even if you get whipsawed out. That looks like what happened last week going into this week for trading the SP500 which is what I focus almost entirely on.
Not sure I like the idea of leverage (checking my account, TD Ameritrade, it looks like the rate for margin is around 8%), though for some of the big divvy payers it may make sense to some.
But I agree. I keep a segment of my funds for trading versus long term investment, and the intent is to enhance the overall rate of return. The last few years where Ive been doing it in earnest, the return is indeed higher.
Im not risk-averse, but can appreciate that one can lose their shirt, which is why index and DCA is so important as a portion of the overall approach.
Also, as funds get to be too large (could be the case in an individual account but is generally more for the big mutual funds), indexing and fewer, more precise buy and holds is essential because there is not enough agility to move large dollar amounts in and out without causing your own peturbations. Retail investors/traders can be a real bane of our existance, but can also do some interesting things...
Bubble alert, in biotech that is (thinking about going short as I see H&S if I squint hard):
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