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ManoLive

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  • Apple Is Where The Value Is At [View article]
    Hi Vegas Ben

    Following the trend would have also caused you to exit and short that stock.

    Sure, you will take some losses when exiting bad trades, but think of the gains you'd have made following that trend down.

    But for those still holding on after buying high, they weren't trend followers. I know I wasn't when I blindly held and held and held, hoping beyond hope that the stock would recover, not knowing what to do, being held captive to a bad trade.

    I lost a lot of money holding AAPL shares and I also lost a lot of money on AAPL call options, going long against the trend, just like Zaky.

    No more.

    I will never go against the trend again, and I will only trade a stock in a strong trend, either long or short.

    Follow the trend and you will make money.

    Fight the trend, and you will lose money, unless you are lucky enough to catch a change in the trend, or you enter and exit very quickly on a bounce or dip, before the trend resumes.

    A change in trend doesn't happen very often. It happend to AAPL at $705.00, and no one knew it at the time because it takes time to confirm a change in trend.

    We're still waiting 7 months later for that downtrend to reverse.

    It's better to hop on a strong trend for some nice, quick gains, than it is to just sit there and let Mr Market decide what to do with your money.

    Good Luck!
    Apr 23 07:51 PM | Likes Like |Link to Comment
  • 5 Reasons Why I Am Shorting The Market [View article]
    Head and shoulders is forming on QQQ.

    I ignored that warning about AAPL, and look what happened to AAPL.
    Apr 23 07:36 PM | Likes Like |Link to Comment
  • Apple Is Where The Value Is At [View article]
    But none of that matters, James, as evidenced by the stock price actually dropping after hours.

    All that matters is the trend, and whether you are on the right side of it.

    Take one look at the AAPL chart, then tell me whether you should be long or short.

    The trend will always resume, until that trend is broken.

    The AAPL trend is pointing sideways

    Why trade a stock like that, when there are so many stocks out there in strong uptrends, that you can rely on for quick massive gains?

    For a list of trending stocks I'm following this week, see my insta blog

    http://bit.ly/11vh5B3


    All you need is a chart to trade. Nothing else matters, really.

    If your stock is not trending, stay away and find one that is.

    Jump on it after a bounce or dip.

    That's all you need to know.

    Take care, my friend.
    Apr 23 07:27 PM | Likes Like |Link to Comment
  • 5 Reasons Why I Am Shorting The Market [View article]
    Forget fundamentals. You don't need 'em.

    Fundamentals don't tell you when to enter or exit a trade

    The easiest way to invest is to simply follow the trend.

    I know with great certainty that I will make $4000-$10,000 tomorrow, on a trade I did today, because I looked at a chart and saw it was time to buy.

    I'm looking at several other charts, and hope I can enter those trades tomorrow.

    Trend following is the easiest and safest way to make big bucks fast.

    When a reader tells me he lost $4,000 this month trading, and he wants help, I know he doesn't know how to read a chart or follow a trend, because if he did, he wouldn't have had those losses, and he wouldn't have needed my help.

    Which would you rather do. Spend seveal hours reading a prospectus, or spend several seconds glancing at a chart?

    Just today, I closed a trade with a $2,000 gain.

    I opened that trade yesterday

    You just have to find a stock that is trending, and jump in after the dip or bounce.

    The trend will always resume after the dip or bounce, unless the trend changes. That is why I know I will make a lot of money tomorrow. That is why I sank a lot of money into the trade.

    Charts give you confidence.

    Reading other peoples opinions about what they believe a stock should do doesn't.

    If you haven't closed any trades with $3000-$4000 gains lately, I'd say you're probably doing things the wrong way.

    If you follow fundamentals over trends, I'd say you're definitely doing things the wrong way.

    For a list of the trending stocks I'm following this week, visit my insta blog, and good luck, everybody!

    http://bit.ly/11vh5B3
    Apr 23 06:53 PM | Likes Like |Link to Comment
  • 5 Reasons Why I Am Shorting The Market [View article]
    Here's a link that will explain EVERYTHING

    http://bit.ly/14HshQX
    Apr 23 06:40 PM | Likes Like |Link to Comment
  • 5 Reasons Why I Am Shorting The Market [View article]
    Then you can go long
    Apr 23 06:39 PM | Likes Like |Link to Comment
  • 5 Reasons Why I Am Shorting The Market [View article]
    I'm dancing, man!

    No sense in taking the losses, when I can take the gains instead.
    Apr 23 06:38 PM | Likes Like |Link to Comment
  • 5 Reasons Why I Am Shorting The Market [View article]
    But only now have ALL the negative divergences happend at once on ALL the charts. These signals should not be ignored, because every time they have happened, there has been a correction.

    Ignore at your own risk.

    Good luck, everybody!
    Apr 23 06:38 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! The AH gains are dwindling fast.

    Reality must be setting in

    No new product announcement
    The CEO has to spend 50B, just to support the stock
    Shrinking margins
    More competition

    The negative factors that drove this stock into the ground are still there.

    Keep up the good fight, AAPL bulls

    I'll keep riding the trend.
    Apr 23 06:04 PM | 6 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]
    It's still locked in a downtrend. I expect that to resume.

    At least I hope it does before my puts expire in May.

    Congrats AAPL shareholders, for hanging in there.

    You got a lotta guts

    If these gains hold, you are right back to where you were a week ago, before the latest dive.

    Once this stock establishes an uptrend, I will be right there with you. Until then, I'll keep shorting or stay away.

    Good luck, everybody!
    Apr 23 05:40 PM | 1 Like Like |Link to Comment
  • Apple: Quit Whining About Tim Cook [View article]
    Cook already said there would be no stock split because it's not in the best interests of the shareholders.

    But a 50% decline in share price is?

    Mr Cook, can I please have my money back? Can I have a do over?

    If you don't want me as a shareholder, there are many other stocks out there that do.

    Like WAG, for instance.

    It's on a nice long uptrend

    Something your stock hasn't had in 7 months

    Or WHX, another stock on a nice long uptrend, and up 7.49 % today.

    Those are stocks that want my money, Mr Cook

    Apparently, you don't.
    Apr 23 04:24 PM | 1 Like Like |Link to Comment
  • 5 Reasons Why I Am Shorting The Market [View article]
    It will correct when the trendline is broken.
    Apr 22 08:00 PM | Likes Like |Link to Comment
  • 5 Reasons Why I Am Shorting The Market [View article]
    Any pro who knows how to read a chart, because the charts are just screaming correction.

    The author is spot on in his asessment.
    Apr 22 08:00 PM | 1 Like Like |Link to Comment
  • 5 Reasons Why I Am Shorting The Market [View article]
    Hi leopardtrader

    What part of "The market is in for a steep correction" didn't you understand?

    LOL.

    I'm just saying to get ready for a correction, because it is inevitable.

    Best regards
    Apr 22 03:32 PM | Likes Like |Link to Comment
  • Apple $395: Time To Give Up And Abandon Ship? [View article]
    That's what they said last year.
    Apr 22 02:59 PM | Likes Like |Link to Comment
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