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 3 years ago '06        #2721
philly337 19 heat pts19
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$27,160 | Props total: 6474 6474
 Machiavelli said:
$BYI doesn't even look good on the weekly. And I trade the 50 heavily.
The weekly isbthe only thing that makes me think ot might drop a little more first before breaking the 50..the 50 day ma is the buy point...was just letting o7 know because it tested it today and I know he was looking for an entry
 3 years ago '10        #2722
Ambassador 444 heat pts444
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 philly337 said:
The weekly isbthe only thing that makes me think ot might drop a little more first before breaking the 50..the 50 day ma is the buy point...was just letting o7 know because it tested it today and I know he was looking for an entry
I wouldn't consider buying this until the 50 flattens out on the weekly. It looks good on monthly but it has work to do. It failed to breakout on the daily as well.
 3 years ago '08        #2723
o7media 41 heat pts41
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 philly337 said:
What do you mean lol. I'm looking at it to break the 50 day ma (which I think ot will) even if it went against everything I said nobody is 100% accurate so fail to realize what ur getting at. Going back to work...but ill be watching
The 50ma is above the current price.. what are you talking about?

And that's hindsight..and where the difference between fake and real money comes into play.
 3 years ago '08        #2724
o7media 41 heat pts41
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 Machiavelli said:
I wouldn't consider buying this until the 50 flattens out on the weekly. It looks good on monthly but it has work to do. It failed to breakout on the daily as well.
I wouldn't be a buyer here either, not because of the moving averages because those are lagging indicators anyway. Who gives a fu*k about a lagging indicator
 3 years ago '10        #2725
Ambassador 444 heat pts444
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 o7media said:
I wouldn't be a buyer here either, not because of the moving averages because those are lagging indicators anyway. Who gives a fu*k about a lagging indicator
I said I would consider buying it. You would need confirmation to go long, obviously.


Last edited by Ambassador; 07-14-2014 at 12:55 PM..
 3 years ago '06        #2726
philly337 19 heat pts19
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 o7media said:
The 50ma is above the current price.. what are you talking about?

And that's hindsight..and where the difference between fake and real money comes into play.
Uhhh..yes its above it which is why I said it would have to break it as a buying point to go long

As for real money and fake money what does that matter? Ive made plenty of people money on here. When I said coca cola was about to.go and the options gained 900% was the call.right or wrong? When you said byi was about to go and I asked what you were looking at because it was looking like it was going to.drop..was the call right or wrong?

If I call 10 out of 10 basketball games roght but dont bet money are the calls right or wrong?

I just bought an investment property for 140k..estimate 30k in and should sell at at least 225 k...if I decided to not invest and somebody else did instead and wprkedwprkeworked out exactly as I said...was I right on my studies or was it not because I dodnt invest real money?
 3 years ago '06        #2727
philly337 19 heat pts19
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 o7media said:
I wouldn't be a buyer here either, not because of the moving averages because those are lagging indicators anyway. Who gives a fu*k about a lagging indicator
Just like those lagging indicators didnt wprk on my call on byi when you said.you were looking to.go long and I.told you it was going down?

Do you understand why technical analysis works or donyou think patterns just play out because nature says so?
 3 years ago '08        #2728
o7media 41 heat pts41
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 philly337 said:
Uhhh..yes its above it which is why I said it would have to break it as a buying point to go long

As for real money and fake money what does that matter? Ive made plenty of people money on here. When I said coca cola was about to.go and the options gained 900% was the call.right or wrong? When you said byi was about to go and I asked what you were looking at because it was looking like it was going to.drop..was the call right or wrong?

If I call 10 out of 10 basketball games roght but dont bet money are the calls right or wrong?

I just bought an investment property for 140k..estimate 30k in and should sell at at least 225 k...if I decided to not invest and somebody else did instead and wprkedwprkeworked out exactly as I said...was I right on my studies or was it not because I dodnt invest real money?

I can't even explain why you're wrong about the difference between real money and fake money. YES there's a huge difference, and because you don't trade with real money you wouldn't understand it even if I explained why.

When you said coca cola did this ..and when yada yada did that that's great.. but if you're so confident in it then why don't you invest in these plays yourself?

If you're wrong on your next play you'll simply say well nobody is right 100% of the time. While that's true, you don't look at the fact that how much you would have lost on the ones you were wrong on will outweigh the ones you were right on over time.. which is why you're not investing.

Obviously if you're putting in 170k in your house and selling it for $225k then that's about a 30% return. Why even bother with that when you claim you can make a 900% profit in KO.

You know why? Because it's hindsight. Even IF you had bought KO with real money what's to say you would have held for the full 900% return. I guarantee you would not have because you would be dumb to pass up 100%, 200%, 300%, etc profits on the way up.

So like I said.. you can sit there and say you called this and called that but at the end of the day it's all hindsight.
 3 years ago '08        #2729
o7media 41 heat pts41
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 philly337 said:
Just like those lagging indicators didnt wprk on my call on byi when you said.you were looking to.go long and I.told you it was going down?

Do you understand why technical analysis works or donyou think patterns just play out because nature says so?
I use technical analysis.. please don't try to school me on TA when you don't even trade

Lagging indicators work when they work.. when they don't work the excuse is well not everyone is right 100% of the time when in reality your lagging indicators failed you.
 3 years ago '08        #2730
o7media 41 heat pts41
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 Machiavelli said:
I said I would consider buying it. You would need confirmation to go long, obviously.
Exactly, which is what I've been waiting on from my first post about BYI. I never said to go long a week ago either.. I said with confirmation I will go long, and it's a long term play.
 3 years ago '06        #2731
philly337 19 heat pts19
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 3 years ago '07        #2732
JordanWest86 23 heat pts23
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I like to read yall debates but regardless.....its Post Earnings week for 60 companies in the S&P. We day trading this week or na? Should I be lookin hard at BAC and STX like I am?

I bought BAC at $17.88 five yrs ago and its still the only stock I've been down on since my initial stock purchases in 09. k!lls me every time I look at my portfolio
 3 years ago '08        #2733
o7media 41 heat pts41
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 JordanWest86 said:
I like to read yall debates but regardless.....its Post Earnings week for 60 companies in the S&P. We day trading this week or na? Should I be lookin hard at BAC and STX like I am?

I bought BAC at $17.88 five yrs ago and its still the only stock I've been down on since my initial stock purchases in 09. k!lls me every time I look at my portfolio
Still down including dividends?

edit: just looked .26% yield
 3 years ago '07        #2734
JordanWest86 23 heat pts23
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 o7media said:
Still down including dividends?

edit: just looked .26% yield
Yea would be hard to take if it weren't for 3 other stocks over 100% and 2 in the 80% range from purchase.
 3 years ago '08        #2735
o7media 41 heat pts41
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 JordanWest86 said:
Yea would be hard to take if it weren't for 3 other stocks over 100% and 2 in the 80% range from purchase.
Can't win em all
 3 years ago '06        #2736
Rique 55 heat pts55 OP
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Yeah I agree you cant win them all thats why its nice to have multiple stocks
 3 years ago '08        #2737
o7media 41 heat pts41
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Yellen in her testimony said some stocks are over valued, a lot of social media stocks mostly which hit FB and some others.

Not good comments for the bulls
 3 years ago '08        #2738
o7media 41 heat pts41
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damn GPRO .. been really volatile since the IPO
 3 years ago '06        #2739
Rique 55 heat pts55 OP
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$37,943 | Props total: 13006 13006
 o7media said:
damn GPRO .. been really volatile since the IPO
Yeah I havent tried to time it yet.
 3 years ago '08        #2740
o7media 41 heat pts41
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$28,206 | Props total: 6331 6331



Watching EA, may grab calls for an earnings play next week.
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