NOTE! 1. NFA (Not Financial Advice!) 2. Do NOT open position WITHOUT chart confirmation, indicators, momentum. 3. Scale out and secure profits. 4. Most importantly, DON’T BLAME ME for your losses. Your trade, your accountability. 5. I DO NOT give buy or sell advice 6 CH (cash on hand); AH (after hour...
So much for the Santa rally. The market closed higher on Friday, but it was not enough to overcome the past five sessions of declines. Just after 4 pm ET, the$S&P 500 Index (.SPX.US)$closed very close to the point value it needed to stay positive, but the Grinch came and stole the Christmas rally this year. The S&P 500 closed up 1.26%. The$Nasdaq Composite Index (.IXIC.US)$closed up 1.77%, and the$Dow Jones Industrial Average (.DJI.US)$closed...
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BelleWeather
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Past returns and future results and all that. Hang in there, guys!
Djakin470
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Congrats baggerbamm what does the technicals say will it pull back or go higher from here. What is a nice entry price for swing and long term hold?
10baggerbamm
OP
Djakin470
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I've been advocating buying on the open on the down days where it's down $2 two and a half. I don't know if it's going to continue on Monday I have no idea but when we do get a couple down openings and you're in the low 21-20 19 areas that's where you begin to nibble at it. there's no difference in the company or any of them that have rallied today for the most part you just need to buy when it looks really bad that's what needs to be done and you don't go all in you put in a quarter you buy a third and then you wait and see what happens the next day. it's really difficult to convince yourself to buy when the market is bleeding it's hammerging but that's when value is created because there's no change in the company and you see the billionaire that's involved with this one for example. you just need to take your money that you want to invest and break it up and smooth shoe says it you can read what he says and a dollar cost average in. I look for support levels where it fell to last time in a dip where is the potential gap down I don't want to be in that area where there's a cliffhanger and then you're going 30% lower I want to go where there's support you know what this company there's a lot of support in 19 20 21. and you nibble at it and then you build your position and then it's a patience game you get this melt up till like today and you ring the cash register
James Reed615
OP
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Thanks everyone. Just have to figure out when to take for a profit or hold. I definitely sold 10 $Tesla (TSLA.US)$ at 247.....4 days before it took off.
Ultratech 152273975 : ya sure it is
Jaguar8 OP 152273975 : Post it in your account not here
Jaguar8 OP 152273975 : You are flooding a lot of this post in all stocks. LOL
ByUncle : Thank you sir
103489172 152273975 : Will it rise?
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