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ManoLive

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  • Apple: Reality Bites, So Time To Sell [View article]
    I remember similar articles that appeared last Sept, imploring people to "take the money and run". I ignored that advice, and it cost me dearly. This article makes a lot of sense. It's always nice to look at both sides of the argument. I applaud the author for a job well done.
    Aug 9, 2013. 05:55 PM | 4 Likes Like |Link to Comment
  • What's Next For Facebook's Shares [View article]
    3 times in the past 2 days it hit resistance and retreated each time. You'd have made big bucks if you'd anticipated this and shorted the stock after it reached resistance and started dropping. One drop was 2 1/2%. How do you anticipate the short? Once you reach your profit target, defined by prior resistance areas, you sell the stock and immediately short it. The signal to short is watching the stock drop after reaching resistance.
    Aug 3, 2013. 09:56 PM | Likes Like |Link to Comment
  • Facebook roundup: Cover Feed on Android app, embedded content [View news story]
    Good timing
    Aug 2, 2013. 02:32 AM | Likes Like |Link to Comment
  • What's Next For Facebook's Shares [View article]
    If it can close above $38.30, that will become support and a great time to go long. Otherwise, if it drops below support at $36.33, short it.
    Aug 2, 2013. 02:12 AM | Likes Like |Link to Comment
  • Amazon.com (AMZN): Q2 EPS of -$0.02 misses by $0.07. Revenue of $15.70B (+22% Y/Y) misses by $4M. Shares -2.4% AH. (PR[View news story]
    Doesn't matter. I have my straddle in place, so I profit no matter what, as long as the stock moves. But right now, it's kind of undecided. I don't care which direction it goes, as long as it's a long way.
    Jul 25, 2013. 04:21 PM | Likes Like |Link to Comment
  • Apple: Take The Money And Run (Part 2) [View article]
    Thank you for the suggestion, Andreas. The method I'm using now allows me to have a price in advance at which I will sell the stock, and which I will buy the stock. I had a fantastic day today using my new method, making an 18% return. I haven't banked it yet, as I expect it to continue tomorrow.
    Jul 15, 2013. 07:40 PM | 1 Like Like |Link to Comment
  • Can Allied Nevada Gold Corp. Bounce Back From Collapsing Gold Prices? [View article]
    Long ANV? Have you seen the chart? Ouch!
    Jul 15, 2013. 05:59 PM | Likes Like |Link to Comment
  • Apple: Take The Money And Run (Part 2) [View article]
    No doubt. I lost my shirt riding AAPL up last year, then watching it all go away. The trick is to take your profits. Since there were very little profits being long during the crash, I held and held and held from $705.00 all the way down to $440.00 before finally exiting.

    I thought everything would be fine, now that I was finally out of that horrid trade. But I was wrong. I continued to lose another $38,000 after exiting the trade, and you know what I discovered? It wasn't AAPL, it was me. I didn't have a clue as to how to properly enter and exit a trade. But I think I have finally figured it out. I think I can finally make my money back. It worked today, and I made a killing. More to come tomorrow. We'll see.
    Jul 15, 2013. 05:55 PM | Likes Like |Link to Comment
  • 3 Apple 'Long Shots' That Could Happen [View article]
    I was stopped out of my calls yesterday, so I shorted AAPL today, and am sitting on some nice profit.

    $420, here we come!

    Thanks, AAPL, for all the heartache and misery you've caused me these past 8 months.

    Shoulda bought GOOG a long time ago, dammit! Bought some yesterday, and made a nice profit so far.

    Good luck, longs.
    May 15, 2013. 08:43 PM | Likes Like |Link to Comment
  • Allied Nevada (ANV -11.6%) announces Q1 earnings of $0.10/share, beating consensus of $0.06, and a 25% rise in revenues to $49.2M. But shares plunge on a bought-deal purchase of 14M shares of common shares at $10.75 by a syndicate of underwriters; proceeds will be used to fund capex at the Hycroft Mine in Nevada, which is expected to produce 225K-250K oz. of gold in 2013. [View news story]
    Man, I was short that trade last week, but exited when GOLD went up. Now I wish I'd have stayed in. Missed out on at least $6000 .
    Apr 30, 2013. 02:04 PM | 1 Like Like |Link to Comment
  • 2 Undervalued Mega Cap Cash Cows [View article]
    Hi John, and thanks for the thoughtful response,

    I hold no ill will towards anybody, but I have lost the equivalent of a house by buying AAPL, so forgive me if my perception of fundamental investing has been skewed by this terrible trade I locked myself into, relying on nothing more than the countless positive fundamental AAPL articles found on this very website, articles that kept coming all throughout this massive downtrend.

    So far, all the statistics and rumors and financials and fundamental data on AAPL have not helped me even one iota, and have robbed me of my future.

    Fundamentals don't tell you when to enter or exit a stock. They don't tell you when to short a stock. They merely tell you to enter long and hope for the best, and hold for years.

    That may be fine when a stock is trending up, but not when a stock is in a massive downtrend.

    You don't fight the trend, you don't fight the market.

    If you want to invest in AAPL, wait until the change in trend is confirmed, then go long. Will you miss out on some profits? Sure. I don't know of anybody who buys at the exact bottom. But you will also miss out on losing a bunch of money because you went long against the trend.

    I was impressed by all the articles on AAPL, packed with all the information you could ever want about a stock.

    Remember Andy Zaky? Pure fundamentalist all the way. Where is he today?

    I blame no one but myself for being so passive and allowing it to happen in the first place.

    If I had been a trend follower last year, none of this would have happened to me. I'd have exited this bad trade and shorted this stock, and made a fortune doing so.

    I'm just trying to find a way to make my money back. I have a long way to go.

    I got out at $445.00, and while AAPL bounced around that area after I sold, it is now hovering around $400.00. I prevented AAPL from stealing another $18,000 from my account.

    I still have enough left to trade with, so I'm going to try and get my money back.

    Trend following seems to be the way to go for some quick, easy gains.

    In the past 2 weeks, I have booked several $2,000 trades, and several $3,000 trades, and I was $4500 ahead on one trade in just a few days, before booking that trade at a little under $3,000. I'd say that's a lot better than just kicking back and doing nothing but hope and pray.

    I was up $14,000 in less than 2 weeks, but I made a mistake. I got so enthusiastic about buying stocks on the RSI bounce set to a period of 2, that I entered a bunch of trades relying on just the RSI 2 bounce.

    I didn't realize that I had to also look at the trend, and I entered some of these trades in the wrong direction of the trend. These trades quickly went against me, and just like that I lost the $14,000 in 3 trading days last week.

    I made a recovery on Friday, and got back around $3,400 on that day. That is when I realized that in order to maximize the chances of a successful trade, I had to trade in the direction of the trend, and simply wait until the dip for an entry point.

    I am so convinced that this will work, I have sank $29,000 into 4 option trades this week. If they all pan out, I could easily make $10,000 this week. If they don't, I will refine the method and try again. But I will not give up. Trend trading seems to be the safest and most logical approach to buying stocks that I have found yet.

    Best of luck to you, my friend. I hope your AAPL trade works out.
    Apr 23, 2013. 11:59 PM | 1 Like Like |Link to Comment
  • Apple $395: Time To Give Up And Abandon Ship? [View article]
    Hi Adam,

    Sorry , but I have to disagree with you. Now, I'm no expert, but is it really wise to "take a bet"?

    That's gambling, guessing, hoping and praying.

    Does anybody really want to wait 3 years or 6 years in the hope they'll get their money back?

    Wouldn't it be better to invest in something you have a reasonable certainty that you will succeed in quickly?

    Because so far, anybody who has gone long on AAPL in the past 7 months has been burned, unless they day traded and were fortunate enough to get back out.

    The simple thing to do is to trade a stock in a strong trend. If you must trade AAPL, the trend is down.

    You don't go long in a downtrend. Does that sound logical?

    You also don't fall in love with any stock.

    AAPL is just a stock, and it's a stock in a downtrend. So if you must trade AAPL, the proper trade is to short it until an uptrend has been confirmed. Enter short on bounces, and take your profits.

    Why lose money if you don't have to?

    Don't we all trade for the express purpose of making money?

    AAPL is bouncing up and down and sideways, and is not a safe trade at all right now.

    Better to trade a stock in a nice, easy, continuous long term trend. You know the kind? AAPL used to be in one, and people made a lot of money.

    There are still plenty of stocks out there like that.

    AAPL is not one of them.

    Good luck everybody!
    Apr 23, 2013. 11:23 PM | Likes Like |Link to Comment
  • Apple (AAPL): FQ2 EPS of $10.09 beats by $0.02. Revenue of $43.6B (+11% Y/Y) beats by $1.1B. 37.4M iPhones, 19.5M iPads, just under 4M Macs. Expects FQ3 revenue of $33.5B-$35.5B, below $39.3B consensus. Buyback increased by $50B. Shares halted. CC at 5PM ET (webcast). (PR[View news story]
    Wow! LOL. I just about had a heart attack. I did a trade today on DTE because it's in a strong uptrend, and it was down today.

    Then I looked at what I thought was the DTE chart, and my heart sank. I said, "How could I go long an that chart?"

    To my relief, I was looking at an AAPL chart. LOL.

    I then looked at the DTE chart, and knew I would make money tomorrow.

    Good luck, everybody!
    Apr 23, 2013. 08:27 PM | Likes Like |Link to Comment
  • 5 Reasons Why I Am Shorting The Market [View article]
    Great! Good for my trending stocks!
    Apr 23, 2013. 08:03 PM | Likes Like |Link to Comment
  • Apple Is Where The Value Is At [View article]
    Forget the article, ignore the chatter.

    Find a stock in a strong trend, then follow that trend.

    Good luck!
    Apr 23, 2013. 08:02 PM | Likes Like |Link to Comment
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