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  • Twitter: Catalysts In Place For A Near-Term Bottoming And Turnaround  [View article]
    Long term, it should rise from here. It's just coming off its 52 week low, and has risen the past 2 weeks. Buy on dips, IMO.
    Sep 8, 2015. 12:31 AM | Likes Like |Link to Comment
  • Twitter: Catalysts In Place For A Near-Term Bottoming And Turnaround  [View article]
    You too, Benitus. I've always been bullish, and that may have been my undoing. Now I am leaning toward being bearish.

    Swing trading involves trading stocks that you only plan to hold for short periods of time. My hope is to enter a trade and exit after a profit, before the profit is taken away. Sometimes it works, more often it doesn't. I won't put more money in the market until I get my balance back to even. It's really hard to make money always getting in and out. Once a long term trend is established, I would imagine the thing to do would be to hop on and plan on staying on for months at a time. I always get stopped out of my trade when it goes against me. A proper entry point is probably the best thing to do, and have wider stops, and plan on being in a trade long term to give it time to appreciate.
    Sep 7, 2015. 09:00 PM | Likes Like |Link to Comment
  • Twitter: Catalysts In Place For A Near-Term Bottoming And Turnaround  [View article]
    Due to my tiny account, I believe options may be the only way to get good returns, although I have not been successful at it yet. I usually look at 1 year charts. Maybe I'll go further out. The YHOO chart started taking off about 3 years ago, but looks to be on a solid downtrend that began in Nov of last year, when it reached its all time high. Time to short it. There should be many short opportunities going forward. I sense a crash is coming, if not already here. Take care, reardongalt.
    Sep 7, 2015. 08:52 PM | Likes Like |Link to Comment
  • Twitter: Catalysts In Place For A Near-Term Bottoming And Turnaround  [View article]
    Benitus, do you recommend trading then? Because there are 2 different camps, and the long term investors never seem to take their money out, while the traders never seem to keep their money in.

    What I've noticed is that many times a stock will rise over time, if you give it enough time and can hop on a good trending stock. But only being in a stock for a few days often robs a trader of the benefits of holding for a month or two at a time.

    AAPL has been in a sideways market for most of the year, and the only time to make good money on it by holding long term was in Jan - Feb, when it went on a nice run. Otherwise, just holding onto the stock means you have tread water if you bought and held since November 11th of last year.

    Right now I'm swing trading and using technical indicators on my TOS platform. I know how to read a chart, but now I have to have solid exit points if the trade goes against me, and solid re-entry points if I get stopped out. I try to trade in both directions, but am leaning more bearish in this environment.

    Thanks for the insight. I value it.
    Sep 5, 2015. 09:18 PM | Likes Like |Link to Comment
  • Twitter: Catalysts In Place For A Near-Term Bottoming And Turnaround  [View article]
    Very interesting, reardongalt. Thanks for that piece of insight. Looking back on my experience with AAPL, I held and held until I lost tens of thousands of dollars and couldn't take it anymore. I asked my friend what I should do, and he said to sell, so I sold. That was holding upwards of 484 shares from the low $400's to the high of $705.xx, and being up over $60K in a few short months, to finally exiting around $440.00 a share.

    My mistake was in turning to trading and buying options, trying to make the money back quickly. I slowly watched the account dwindle, until there was finally nothing left. Had I just recognized the bottom on the AAPL chart and eased back into acquiring AAPL shares, I'd have made enough money to pay off my house and have $100K in the bank. But I just couldn't stop day trading and swing trading and I lost it all. My wife wasn't too happy as 20 years of paying off the house went down the drain, and it's like I'm starting over from scratch, except I owe $150,000 more on the house now than I did 20 years ago.

    Now I'm terrified to even be in the market, playing with my savings of 8K, which has been reduced to about $5.5K in the last month or so. Hopefully the market will crash and I can make some money shorting stocks. Who wants to be long in this environment?
    Sep 5, 2015. 09:02 PM | Likes Like |Link to Comment
  • Twitter: Catalysts In Place For A Near-Term Bottoming And Turnaround  [View article]
    I apologize for the snarky comment. Keep holding and it will pay off someday. I wish I knew that while holding AAPL in 2012 during the 45% meltdown. I sold and instead of having 3,374 shares, I have none and am reduced to swing trading. Buy and hold usually works, if you have the patience for it. Good luck to you all.
    Sep 4, 2015. 03:03 AM | 1 Like Like |Link to Comment
  • Twitter: Catalysts In Place For A Near-Term Bottoming And Turnaround  [View article]
    Rule #1: Never fall in love with a stock.

    The author apparently doesn't know how to read a chart. Miniscule moves daily, after the 20% plunge in April. Not a stock to make fast money on, or even slow money. It's had a nice run the past week, and could be on a slow uptrend. If it closes below $27.00, get ready for more selling, as it once again enters the lower Bollinger band.
    Sep 3, 2015. 11:34 PM | 1 Like Like |Link to Comment
  • Low Share Prices Makes Apple A Screaming Buy  [View article]
    On the 18th, the chart was over bought and screamed sell, so I sold out at $116.00 and bought puts. You must be about $5K in the red on that trade. Better invest in some charting software, and use StochRSI, MACDHistogram crossover, and RSI and you'll do better next time. It's all about timing, man. Patience.
    Aug 25, 2015. 04:21 AM | Likes Like |Link to Comment
  • Low Share Prices Makes Apple A Screaming Buy  [View article]
    I sold out at $116.00 and bought puts.
    Aug 25, 2015. 03:48 AM | Likes Like |Link to Comment
  • Low Share Prices Makes Apple A Screaming Buy  [View article]
    I think it took a dive because of the triple top chart pattern, just like the 2012 head and shoulders event. If it dives 45% like it did in 2012-2013, get ready to load up at $74.00. asf
    Aug 23, 2015. 10:47 PM | 1 Like Like |Link to Comment
  • Low Share Prices Makes Apple A Screaming Buy  [View article]
    I think it took a dive because of the triple top chart pattern, just like the 2012 head and shoulders event. If it dives 45% like it did in 2012-2013, get ready to load up at $74.00.
    Aug 23, 2015. 10:29 PM | Likes Like |Link to Comment
  • Low Share Prices Makes Apple A Screaming Buy  [View article]
    Here's the chart I used to sell out my positions and short AAPL. Notice the StochRSI indicator? It was in the sell zone, above 80, and with the death cross and all the bad news, I decided to sell.

    I bought a put on Weds. The next day you'll notice a downward pointing arrow. That's the MACDHistogram Crossover indicator. When it points downward, that signals a change in the trend. Look back on the chart and you'll see this indicator was pretty good at picking changes in trend, except for the arrow in April, but the StochRSI indicated in was in the buy zone, so there was little chance of shorting it then.

    My short was confirmed by this indicator and I happily am holding one AAPL put, and that is it. When the indicators tell me to jump back in, I will be back in full steam ahead.

    The chart says AAPL is still going to tumble some more, so I'll hold my put until my indicators tell me otherwise. It's hard to time the bottom, but having a chart with good indicators helps.

    Don't buy shares right now because you think the price will rise next week. Wait until the chart tells you to do so. Start using StochRSI and the MACDHistogram crossover, and let me know how it goes.

    http://tos.mx/O9g3bv
    Aug 22, 2015. 08:07 PM | 1 Like Like |Link to Comment
  • Low Share Prices Makes Apple A Screaming Buy  [View article]
    My swing trade strategy had me sell out at $116.00. My chart said to short it. I did both. I put in a stop Tuesday nite just below the low of the day, which was $116.01. I was stopped out within minutes of the market opening. I then bought a put, and in two days I've gained $784.50, or $232.10 %, on that one put and also stopped the losses.

    My chart says to hold the put, AAPL is still going down. We'll see.

    I have 30 stocks in my watchlist, and 29 of them were in the red on Friday. More damage to come next week, I think. Be ready to buy some puts. Lots of opportunity to make money out there.
    Aug 22, 2015. 07:42 PM | Likes Like |Link to Comment
  • Low Share Prices Makes Apple A Screaming Buy  [View article]
    I wouldn't be surprised if it falls below $100 before the end of the week.
    Aug 22, 2015. 07:31 PM | Likes Like |Link to Comment
  • Low Share Prices Makes Apple A Screaming Buy  [View article]
    Bingo! Well done. Wish I'd have followed your formula. I listened to a friend who said sell, and lost everything.
    Aug 22, 2015. 07:30 PM | Likes Like |Link to Comment
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