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re: I am out of the market (mostly)

Posted on 7/31/14 at 2:33 pm to
Posted by ConfusedHawgInMO
Member since Apr 2014
3495 posts
Posted on 7/31/14 at 2:33 pm to
quote:


so you held WMT for 3 years?


Yep I did. I thought it was a good buy & hold that paid a decent dividend. I finally decided I wanted something with more growth prospects, but don't know what I want to do with the $ now. I'm just going to keep it in cash while keeping an eye out.
Posted by bayoubengals88
LA
Member since Sep 2007
18899 posts
Posted on 7/31/14 at 3:09 pm to
Wish I could help. I like slow growth with good dividends.

Well that was quite the day.

Who thinks it continues?
Posted by ConfusedHawgInMO
Member since Apr 2014
3495 posts
Posted on 7/31/14 at 3:39 pm to
I suppose if WMT drops down in the $50s again I would buy it back.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10229 posts
Posted on 7/31/14 at 4:46 pm to
NASDAQ sure looks like a double top reversal.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10229 posts
Posted on 7/31/14 at 4:54 pm to
PM markets open up overseas in about 10 minutes. It will be interesting to see what happens. I don't anticipate a rush in to pm's. Having said that, the 10 and 20 year performance of pm's seems to me at least to crush the real returns of the equities market, and on days like today I'm glad I own them. Also glad I insure my equities holdings.
Posted by Thib-a-doe Tiger
Member since Nov 2012
35347 posts
Posted on 8/1/14 at 8:43 am to
I'm guessing no one here is buy and hold mentality?
Posted by nelatf
NELA
Member since Jan 2011
2296 posts
Posted on 8/1/14 at 8:46 am to
quote:

I'm guessing no one here is buy and hold mentality?


We are all very successful day traders that rarely, if ever, lose money.



In reality - I would bet most of us have a large buy and hold portfolio with a side pool of funds for active trading.
Posted by Thib-a-doe Tiger
Member since Nov 2012
35347 posts
Posted on 8/1/14 at 8:47 am to
That's what I figured, I'm the same



Day traders are like gamblers, you never hear about the losses and everyone is up
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 8/1/14 at 6:12 pm to
My retirement fund will make sure I live well in retirement account.

My trading funds will let me live GREAT in retirement. ***



***hopefully
Posted by Ole War Skule
North Shore
Member since Sep 2003
3409 posts
Posted on 8/1/14 at 10:30 pm to
Good call.
Posted by Cmlsu5618
Destin, FL
Member since Sep 2010
3763 posts
Posted on 8/1/14 at 10:51 pm to
Don't you go changing your thread title on me now.
Posted by nelatf
NELA
Member since Jan 2011
2296 posts
Posted on 8/2/14 at 11:14 am to
quote:

Don't you go changing your thread title on me now.


Someone changed it - not me though
Posted by Lookin4Par
Mandeville, LA
Member since Jun 2012
1232 posts
Posted on 8/2/14 at 12:10 pm to
The reigning champ says to hold strong and stay in the market... For now.
Posted by LSU0358
Member since Jan 2005
7918 posts
Posted on 8/7/14 at 8:29 am to
I bought at close yesterday and am buying some more this morning.

ETA: My exit would be around S&P 1,890 to 1,900.
This post was edited on 8/7/14 at 9:14 am
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 8/11/14 at 4:14 pm to
quote:

OUTR is set up for a short squeeze.


SQUEEZE BABY SQUEEZE.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10229 posts
Posted on 8/11/14 at 4:19 pm to
Covering today?
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 8/11/14 at 4:25 pm to
Nope. This could get ugly for the shorts. Check out the short interest vs daily volume.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10229 posts
Posted on 8/11/14 at 4:34 pm to
I looked. Still taking a long time to cover. Someone thinks they know something. Time will tell.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 8/11/14 at 4:40 pm to
Don't all short sellers think they know something? They are probably still in the black on their trade.

I got in on 7/28 (luck, not skill), but I'm thinking this has another 10 bucks in it before I sell. When it hits 65, I'll stop loss back at 60.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 8/12/14 at 11:15 am to
SQUEEEEEEZZZZE
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