we're just going to be getting this backing and filling effect until Trump gets in
I know everybody has the euphoria and I'm at the top of the list when a stock rallies or an ETF rallies but you need to sell that rally
so you can enter 21 and a quarter 21 and 3/8 21 and a half somewhere in there don't go crazy with the entry because the rallies are getting less and less as you see.
if we have some political event or an economic event it could cause a deterioration of breakdown and this could go to 19 and a half very easily I know you don't want to hear it but it could in which case you would need to have some additional money available to average your cost basis down.
so any purchases made short-term don't put but one third of your investment in that you would ordinarily do with this particular company keep your powder dry on the side and that really goes with anything right now that you're buying.
support lines are being broken for a lot of stocks they ratchet down 5 to 7% and now what was support becomes a resistance and it can take weeks if not months to recover and trend back up where you're able to break even again.
so don't go hog wild buying in any security or any index or any ETF regardless of how bullish you are because until this treasury which is sitting at 470 starts to rally meaning the yield falls you need to keep powder dry. m meaning keep cash on the sidelines
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10baggerbamm
OPSewerman
:
and there's no question that quantum stocks were in a bubble. you had no revenue growth to scale with the parabolic moves. I think you have to believe Jensen he knows more about it than most people so you yield to an expert right I mean that's what you should do you go to a doctor you listen to the doctor you respect what they say maybe you get a second opinion but for the most part they know more than you do. however two points number one Tom Lee of fundstrat, he's made some very big calls in the past and he's had some huge wins he's also had some huge duds the biggest dud was his call on small caps everybody piled on top when he was the first one third quarter last year saying small caps are going to have a huge rally in 25 and by the end of 24 will be up 40% every bobblehead jumped on top of what he said they only move 10%. pounded the table constantly up until about a week before the ending of last year and then he kind of tap danced around understanding that things might not happen as quick but probably this up and coming year it would happen. anyways he came out and this was last week sometime it was the day they broke and they dropped 40% 50%. what time Lee said is look no one understands the speed of growth look where AI is today and roll the clock back 2 years nobody expected the moves that have been made The evolutionary changes in technology in such a compressed period of time frame he says in fact most people were thinking it would take five to seven years what was accomplished now in 2 years. and he said so how do you know it's 15 years how can you say 20 years realistically 30 years would be long term proposition. he says it could be 5 years it could be 4 years nobody knows for certain what the feasibility for revenue growth and what the utilization will be. obviously my opinion the medical industry is going to benefit on the research side the ability to run tests at speeds that supercomputers would take a very long time and a quantum can do it in a blink of an eye that's where I think you're going to see parabolic growth. I'm not a doctor and I don't play one on TV but a long time ago I did work in a lab at NIH and you're talking 12 hour days 15 hour days that I would assist as an intern the doctors doing research work and if this can be put in and programmed in all of these test results that take hours days weeks months and some years can be shrunk down to an hour or two hours the advancement in medicine will be amazing. so Tom Lee believes in quantum because he believes that the evolution of the speed of growth is not for certain and that could cut the time down dramatically versus what Jensen said. that was one point my opinion the stock market is filled with dgens.. that's short for degenerates and you know who you are these people they're your diamond hand GameStop investors. they are your by the dip mentality they are the ones that are chasing these Grand slam home runs on the stocks at Gap up they go from 20 cents to $5 every morning you see things like this and they will throw money the minute they see an uptick into quantum stocks. so as long as this group of degenerates is buying the dip and you saw the recovery on Friday I mean you saw how fast they traded down and then reversed and trade It up. as long as this continues to happen and they can make money these stocks are going to be alive they're not going to wither away to prices where they started at they're not going to erase that entire bubble because as long as they can make money they're going to keep going back to the well again and again and again. that's my two cents
10baggerbamm
OPGreen-Day
:
I would hold off honestly it didn't participate in the market rally today there's been very little news associated with the company if you look at the chain of news I asked a while ago when the next launches and somebody responded the other rocket stocks have kind of also petered off.. it needs to get excitement around the sector again and right now money is chasing other stocks that are moving Bitcoin things like that I mean the charts not bad the base is halfway decent but the rallies have been less and less and less over the past 3 months. I follow it every day and I've got alerts but there's no block trades going off on the stock so it's just kind of drifting sideways to down I don't think it's a rush to buy at this point. you have to understand on your end if you want to buy it don't let me tell you not to buy it because if news comes out that's material specific to this company it can put $4 on $5 on in a day
Sewerman : not for here but curious what you predict with quantum now that jensen has diaahrea of the mouth
FANCY PANTS : good content as always
10baggerbamm OP Sewerman : and there's no question that quantum stocks were in a bubble. you had no revenue growth to scale with the parabolic moves.
I think you have to believe Jensen he knows more about it than most people so you yield to an expert right I mean that's what you should do you go to a doctor you listen to the doctor you respect what they say maybe you get a second opinion but for the most part they know more than you do.
however
two points
number one Tom Lee of fundstrat, he's made some very big calls in the past and he's had some huge wins he's also had some huge duds the biggest dud was his call on small caps everybody piled on top when he was the first one third quarter last year saying small caps are going to have a huge rally in 25 and by the end of 24 will be up 40% every bobblehead jumped on top of what he said they only move 10%. pounded the table constantly up until about a week before the ending of last year and then he kind of tap danced around understanding that things might not happen as quick but probably this up and coming year it would happen.
anyways he came out and this was last week sometime it was the day they broke and they dropped 40% 50%.
what time Lee said is look no one understands the speed of growth look where AI is today and roll the clock back 2 years nobody expected the moves that have been made The evolutionary changes in technology in such a compressed period of time frame he says in fact most people were thinking it would take five to seven years what was accomplished now in 2 years. and he said so how do you know it's 15 years how can you say 20 years realistically 30 years would be long term proposition. he says it could be 5 years it could be 4 years nobody knows for certain what the feasibility for revenue growth and what the utilization will be.
obviously my opinion the medical industry is going to benefit on the research side the ability to run tests at speeds that supercomputers would take a very long time and a quantum can do it in a blink of an eye that's where I think you're going to see parabolic growth. I'm not a doctor and I don't play one on TV but a long time ago I did work in a lab at NIH and you're talking 12 hour days 15 hour days that I would assist as an intern the doctors doing research work and if this can be put in and programmed in all of these test results that take hours days weeks months and some years can be shrunk down to an hour or two hours the advancement in medicine will be amazing.
so Tom Lee believes in quantum because he believes that the evolution of the speed of growth is not for certain and that could cut the time down dramatically versus what Jensen said.
that was one
point my opinion
the stock market is filled with dgens.. that's short for degenerates and you know who you are these people they're your diamond hand GameStop investors. they are your by the dip mentality they are the ones that are chasing these Grand slam home runs on the stocks at Gap up they go from 20 cents to $5 every morning you see things like this and they will throw money the minute they see an uptick into quantum stocks.
so as long as this group of degenerates is buying the dip and you saw the recovery on Friday I mean you saw how fast they traded down and then reversed and trade It up.
as long as this continues to happen and they can make money these stocks are going to be alive they're not going to wither away to prices where they started at they're not going to erase that entire bubble because as long as they can make money they're going to keep going back to the well again and again and again.
that's my two cents
Green-Day : Hi, do you think now is still a good entry?
10baggerbamm OP Green-Day : I would hold off honestly it didn't participate in the market rally today there's been very little news associated with the company if you look at the chain of news I asked a while ago when the next launches and somebody responded the other rocket stocks have kind of also petered off.. it needs to get excitement around the sector again and right now money is chasing other stocks that are moving Bitcoin things like that I mean the charts not bad the base is halfway decent but the rallies have been less and less and less over the past 3 months.
I follow it every day and I've got alerts but there's no block trades going off on the stock so it's just kind of drifting sideways to down I don't think it's a rush to buy at this point.
you have to understand on your end if you want to buy it don't let me tell you not to buy it because if news comes out that's material specific to this company it can put $4 on $5 on in a day
Green-Day 10baggerbamm OP : Appreciate your reply! Thanks for your input!![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)