Stock market tips and experiences

stylinexpat · 05-26-2011, 12:36 AM

Quote:

Originally Posted by AngelinIsRich08

Dang NFLX and SIRI. I could've made over $8k this week if I had the money to buy them last week, which I wanted, but instead couldn't pass up the huge AAPL dip. Now I'm sitting at a $500 profit instead of the several thousand that could've been made.

Netflix is crazy. Looks like it is going for $300. I'm not chasing it though.

stylinexpat · 05-27-2011, 09:07 AM

So far Silver is doing well again this morning in pre-market

Bid is at $37.96 and ask is at $38.16 quite a gap between bid and ask which is a good sign so far. Let's see how these gains hold for today. Weekly options expire today.

http://www.kitco.com/market/

AngelinIsRich08 · 05-27-2011, 09:47 AM

Robert Turner says AAPL will hit $500 by the end of 2012. Looking at trends I see this happening by mid 2012 and it is also considered the most valuable company in the world. I'm thinking of selling all $50k of my apple shares and buying all calls for that much. Is it a good plan? I certainly think so. Thoughts?

rallysport · 05-27-2011, 11:37 AM

Can you afford to lose the 50K? If you're right then you will be a rich man. But if something happens and it goes down, can you deal with being out the $$?

M3Bahn · 05-27-2011, 11:46 AM

Marc Faber is one of the few guys I actually pay attention to.

Quote:

Of course, the Fed can't control what we do with the money, which is why bubbles continue to form. Both Alan Greenspan and Ben Bernanke have created massive bubbles, including equities, commodities, bonds, wages, and sometimes currencies. From 2002-2008, Greenspan and Bernanke have created massive bubbles.
To play this, Faber said that cash and bonds are undesirable in this environment, and you should not own U.S. debt. One way to play this is to own ProShares UltraShort 20+ Year Trea ETF (NYSE: TBT). He said that even if the deflationists are right, you should not own government debt.
Faber concluded by saying that he thinks we should prepare for the next war time, and gold might go ballistic. He said having gold all over the world is a safe hedge from potential confiscation.

Read more: http://www.benzinga.com/trading-idea...#ixzz1NZHa1axQ

Video Link.

http://www.zerohedge.com/article/mar...-his-smoke-bre

AngelinIsRich08 · 05-27-2011, 12:13 PM

Quote:

Originally Posted by rallysport

Can you afford to lose the 50K? If you're right then you will be a rich man. But if something happens and it goes down, can you deal with being out the $$?

That's an obvious risk but by then my other investments should compensate for that potential loss. It'd definitely be safer to just hold shares and I'd have a potential of a $25k profit but options seem so enticing. I'd play it safer and sell at $450ish if I decide to but calls.

stylinexpat · 05-27-2011, 12:59 PM

Quote:

Originally Posted by rallysport

Can you afford to lose the 50K? If you're right then you will be a rich man. But if something happens and it goes down, can you deal with being out the $$?

Wait for the next dip and buy $40 Silver calls.

If the market does not crash I see Apple going to $400-450 but if the market does roll over no way on earth Apple will see $400. The current economic situation in the US is quite bad. Stock prices are where they are now due to manipulation and funds from the stimulus package.

stylinexpat · 05-27-2011, 01:00 PM

Quote:

Originally Posted by stylinexpat

Hopefully OXY and SLV have hit bottom and climb back from here. Saw many buy orders clearing OXY calls today.

OXY and SLV have done well the last few days. OXY calls are up a good 60% since I posted.

AngelinIsRich08 · 05-27-2011, 01:09 PM

Quote:

Originally Posted by stylinexpat

Quote:

Originally Posted by rallysport

Can you afford to lose the 50K? If you're right then you will be a rich man. But if something happens and it goes down, can you deal with being out the $$?

Wait for the next dip and buy $40 Silver calls.

If the market does not crash I see Apple going to $400-450 but if the market does roll over no way on earth Apple will see $400. The current economic situation in the US is quite bad. Stock prices are where they are now due to manipulation and funds from the stimulus package.

That's another concern. I don't want it to be April 2012 and the markets crash again. And I still have July SLV calls with $36 strike price.

AngelinIsRich08 · 05-30-2011, 01:26 AM

How's SLV in Asia this morning?

stylinexpat · 05-30-2011, 04:12 PM

Quote:

Originally Posted by AngelinIsRich08

How's SLV in Asia this morning?

Pretty quiet and flat due to US holiday.

AngelinIsRich08 · 05-30-2011, 05:14 PM

^^^. Yea. I forgot the markets were closed today.

AngelinIsRich08 · 05-30-2011, 10:21 PM

SLV rallied by 8.4% last week. I'm thinking it'll do the same this week, maybe another 3-4% though.

stylinexpat · 05-31-2011, 09:42 AM

Quote:

Originally Posted by stylinexpat

OXY and SLV have done well the last few days. OXY calls are up a good 60% since I posted.

OXY up again today

http://www.google.com/finance?q=NYSE:OXY

SLV not doing too shabby today either but I would not chase SLV now.

http://www.google.com/finance?q=slv

MPEL hit my target price of $11

http://www.google.com/finance?q=NASDAQ:MPEL

AngelinIsRich08 · 05-31-2011, 10:56 AM

Siri is crazy. I have been making profits off of it until it was frozen at $1.70 for three months. I just exited out of it and completely forgot about it. It's now $2.41! That's up almost 40% in a couple months!

Chowbow · 05-31-2011, 06:56 PM

Man, I haven't been keeping up. Long on a few positions and just sitting back and letting things ride.

stylinexpat · 05-31-2011, 07:28 PM

Quote:

Originally Posted by AngelinIsRich08

Siri is crazy. I have been making profits off of it until it was frozen at $1.70 for three months. I just exited out of it and completely forgot about it. It's now $2.41! That's up almost 40% in a couple months!

Yeah, Siri is good. They don't have much competition these days.

AngelinIsRich08 · 05-31-2011, 09:33 PM

I'm looking at Siri hitting $3.00 by mid to late fall. But it's still too high for me to go into again.

AngelinIsRich08 · 05-31-2011, 10:40 PM

I sold all my apple shares today and immediately bought July apple puts strike price $335. Automatically made $1500.

Portfolio is up $12k in the last week.

stylinexpat · 06-01-2011, 12:30 AM

Quote:

Originally Posted by AngelinIsRich08

I sold all my apple shares today and immediately bought July apple puts strike price $335. Automatically made $1500.

Portfolio is up $12k in the last week.

Nice

AngelinIsRich08 · 06-01-2011, 11:24 AM

The US job reports come out Friday and the expectation is that u employment will go up. Job hiring is crap and the private sector only added 38,000 jobs compared to the 200,000 in April. I'm thinking the DOW will be down to the very low 12,xxx. Puts are already in progress.

stylinexpat · 06-01-2011, 11:33 AM

MPEL still holding up and bullish today though I think it is now due for a correction. It had a nice run from when I said it would run.

http://www.google.com/finance?q=NASDAQ:MPEL

05-27-2011, 09:07 AM	#1212
stylinexpat Major 432 Rep 1,427 Posts Drives: Join Date: Aug 2008 iTrader: (0)	So far Silver is doing well again this morning in pre-market Bid is at $37.96 and ask is at $38.16 quite a gap between bid and ask which is a good sign so far. Let's see how these gains hold for today. Weekly options expire today. http://www.kitco.com/market/
	Appreciate 0 Quote

05-27-2011, 09:47 AM	#1213
AngelinIsRich08 Banned 64 Rep 708 Posts Drives: '11 X5M, '09 CTS Join Date: Jan 2011 Location: St. Louis, MO iTrader: (0)	Robert Turner says AAPL will hit $500 by the end of 2012. Looking at trends I see this happening by mid 2012 and it is also considered the most valuable company in the world. I'm thinking of selling all $50k of my apple shares and buying all calls for that much. Is it a good plan? I certainly think so. Thoughts?
	Appreciate 0 Quote

05-27-2011, 11:37 AM	#1214
rallysport New Member 2 Rep 14 Posts Drives: bmw 128i Join Date: Apr 2010 Location: Ontario iTrader: (0)	Can you afford to lose the 50K? If you're right then you will be a rich man. But if something happens and it goes down, can you deal with being out the $$?
	Appreciate 0 Quote

05-30-2011, 01:26 AM	#1220
AngelinIsRich08 Banned 64 Rep 708 Posts Drives: '11 X5M, '09 CTS Join Date: Jan 2011 Location: St. Louis, MO iTrader: (0)	How's SLV in Asia this morning?
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05-30-2011, 05:14 PM	#1222
AngelinIsRich08 Banned 64 Rep 708 Posts Drives: '11 X5M, '09 CTS Join Date: Jan 2011 Location: St. Louis, MO iTrader: (0)	^^^. Yea. I forgot the markets were closed today.
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05-30-2011, 10:21 PM	#1223
AngelinIsRich08 Banned 64 Rep 708 Posts Drives: '11 X5M, '09 CTS Join Date: Jan 2011 Location: St. Louis, MO iTrader: (0)	SLV rallied by 8.4% last week. I'm thinking it'll do the same this week, maybe another 3-4% though.
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05-31-2011, 10:56 AM	#1225
AngelinIsRich08 Banned 64 Rep 708 Posts Drives: '11 X5M, '09 CTS Join Date: Jan 2011 Location: St. Louis, MO iTrader: (0)	Siri is crazy. I have been making profits off of it until it was frozen at $1.70 for three months. I just exited out of it and completely forgot about it. It's now $2.41! That's up almost 40% in a couple months!
	Appreciate 0 Quote

05-31-2011, 06:56 PM	#1226
Chowbow pew pew 169 Rep 6,781 Posts Drives: 三三五i Join Date: Aug 2007 Location: CA iTrader: (6) Garage List 2015 BMW 328i wagon [0.00] 2007 BMW 335i sedan [10.00] 1997 BMW 328i track ... [10.00]	Man, I haven't been keeping up. Long on a few positions and just sitting back and letting things ride. __________________ CSL replicas are now CSL counterfeits. Jesus saves, like Valentine1.
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05-31-2011, 09:33 PM	#1228
AngelinIsRich08 Banned 64 Rep 708 Posts Drives: '11 X5M, '09 CTS Join Date: Jan 2011 Location: St. Louis, MO iTrader: (0)	I'm looking at Siri hitting $3.00 by mid to late fall. But it's still too high for me to go into again.
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05-31-2011, 10:40 PM	#1229
AngelinIsRich08 Banned 64 Rep 708 Posts Drives: '11 X5M, '09 CTS Join Date: Jan 2011 Location: St. Louis, MO iTrader: (0)	I sold all my apple shares today and immediately bought July apple puts strike price $335. Automatically made $1500. Portfolio is up $12k in the last week.
	Appreciate 0 Quote

06-01-2011, 11:24 AM	#1231
AngelinIsRich08 Banned 64 Rep 708 Posts Drives: '11 X5M, '09 CTS Join Date: Jan 2011 Location: St. Louis, MO iTrader: (0)	The US job reports come out Friday and the expectation is that u employment will go up. Job hiring is crap and the private sector only added 38,000 jobs compared to the 200,000 in April. I'm thinking the DOW will be down to the very low 12,xxx. Puts are already in progress.
	Appreciate 0 Quote

06-01-2011, 11:33 AM	#1232
stylinexpat Major 432 Rep 1,427 Posts Drives: Join Date: Aug 2008 iTrader: (0)	MPEL still holding up and bullish today though I think it is now due for a correction. It had a nice run from when I said it would run. http://www.google.com/finance?q=NASDAQ:MPEL
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