***Official*** 2011 Stock Market Thread

[JTsyo]

I envy you guys that got on AMR, up 67%, WOOT!

Oh shucks, would have been 100% returns. Wasn't worth the risk to hold on to that though.

 

[IHateMyJob2004]

Now sitting on 75% cash. Was getting uncomfortable sitting on earnings from a 10-20% rally. With my luck, it'll keep rallying past Christmas, but it just feels like something's about to give.

"OMFG, Euro-credit crisis solved, now investors focused on fact that Europe is already in recession and dragging the world with it"?

I think I made a mistake. I think I hsould have dumped some of my USG and moved it into GE.

 

[Arachnotronic]

67% cash -- ready to strike.

 

[Arachnotronic]

Oh shucks, would have been 100% returns. Wasn't worth the risk to hold on to that though.

Yeah man, "Pump 'n Dumps" are risky. It very easily could've gone to zero. This stuff is literally 100% manipulated by tricking people.

 

[KB]

Now sitting on 75% cash. Was getting uncomfortable sitting on earnings from a 10-20% rally. With my luck, it'll keep rallying past Christmas, but it just feels like something's about to give.

"OMFG, Euro-credit crisis solved, now investors focused on fact that Europe is already in recession and dragging the world with it"?

Many economists believe its a guarantee that Greece will default and it will only hurt more the longer they drag it on. Part of me wants them to just quickly remove the band-aid so the global economy can recover. The other part thinks the whole Greece thing can be quite lucrative for short positioning. Since the market has seen resistance at 12,200 I am about at the same level of cash.

 

[Imp]

Yeah man, "Pump 'n Dumps" are risky. It very easily could've gone to zero. This stuff is literally 100% manipulated by tricking people.

Sounds like these things:

http://money.cnn.com/galleries/2011/technology/1112/gallery.2011-tech-ipos/?iid=HP_LN


Okay, almost totally checked out. Sitting on 95.9% cash, but made a solid 5% average gain on the rally last week, so not complaining. Even better is that I finally put all but one of my accounts back in black.

It just "feels" the same as the last 5 or so rallies - nothing's really changed, people just jumping on every piece of good-ish news. The peaks of this rally were significantly lower than the last one for my stocks, while the DOW bottomed higher pre-rally too (i.e. >11000 versus <11000 previously). A bit concerned that may be a sign of lower lows (for those on my watch list at least) and a downward trend.

 

[IHateMyJob2004]

Over 60&#37; cash right now.

 

[Hugo Drax]

sold short SPY calls yesterday.

 

[Hugo Drax]

Oh shucks, would have been 100&#37; returns. Wasn't worth the risk to hold on to that though.

The real question is it 67% return on a few thousand dollars. or 67% return on 100K or more dollars.

Anyone can make a 67% return gambling a small pot of money. The real test is generating 67% returns on large sums of money. :biggrin:

If you took 100K and made it into 167K then I would be more impressed.

 

[MayorOfAmerica]

The real question is it 67% return on a few thousand dollars. or 67% return on 100K or more dollars.

Anyone can make a 67% return gambling a small pot of money. The real test is generating 67% returns on large sums of money. :biggrin:

If you took 100K and made it into 167K then I would be more impressed.

I always thought 67% was 67%. Thanks for clearing that up for me, I feel so stupid now.

 

[Hugo Drax]

I always thought 67% was 67%. Thanks for clearing that up for me, I feel so stupid now.

Actually its not,you do seem pretty ignorant if you dont understand the concept. But that is not surprising though most people don't either. Its just due to lack of education on your part. College and HS does not do a very good job of teaching people basic finances/investing in this country.

 

[IHateMyJob2004]

Ouch, my brain.

 

[rcpratt]

Wow, this thread has been stupidified.

 

[MayorOfAmerica]

Actually its not,you do seem pretty ignorant if you dont understand the concept. But that is not surprising though most people don't either. Its just due to lack of education on your part. College and HS does not do a very good job of teaching people basic finances/investing in this country.

Solve for x, using your obviously superior education:

x = .67

I'll wait.... :whiste:

 

[hiromizu]

Solve for x, using your obviously superior education:

x = .67

I'll wait.... :whiste:

I believe what Hugo is trying to say is this...

Trying to make 67% on $500 invested capital is like buying a lottery ticket with pocket change. Who cares if you lose it..but trying to make 67% on $100,000 invested capital is risking losing a lot of money...

Think McFly..Think

 

[MayorOfAmerica]

I believe what Hugo is trying to say is this...

Trying to make 67&#37; on $500 invested capital is like buying a lottery ticket with pocket change. Who cares if you lose it..but trying to make 67% on $100,000 invested capital is risking losing a lot of money...

Think McFly..Think

What if 500 is all you have in the first case and you lose everything. In the second case you're a billionaire and you lose 100K... The guy losing the 500 is going to care more, but thanks for playing Biff.

 

[FelixDeCat]

Bankruptcy was a GOOD THING* for AMR stock, now up 114&#37; in two days. Who knew?




*=Im being sarcastic. This is a penny stock pump n dump that is going to zero. :'(

 

[Miramonti]

What if 500 is all you have in the first case and you lose everything. In the second case you're a billionaire and you lose 100K... The guy losing the 500 is going to care more, but thanks for playing Biff.

No one is a billionaire around here. Getting ridiculous in an effort to make someone look like an @ss is backfiring. If you don't see the logical context and perspective of the original point, you probably shouldn't be trying to play 'who's the fool' to feel smarter.

 

[Arachnotronic]

AMD stock is not rallying much, and it is my last position. Eh, I was going to play earnings anyway, so I'll let this one simmer, and will accumulate if the opportunity hits again.

 

[MayorOfAmerica]

No one is a billionaire around here. Getting ridiculous in an effort to make someone look like an @ss is backfiring. If you don't see the logical context and perspective of the original point, you probably shouldn't be trying to play 'who's the fool' to feel smarter.

oh

 

[chusteczka]

Let's keep the personal attacks out of this thread please. Otherwise, we may all be targeted as we will all make mistakes with market timing.

Also, varying amounts of disposable income per individual monetary ability make it impolite to discuss monetary amounts. Communicating the percentages gets the message across without exposing relative income levels.

If someone risking a relatively large amount of cash earned 67&#37; and then commented on it, that could be perceived as bragging by someone with only a few thousand to play with.

The quality and usefulness of this thread will disappear if personal attacks continue.

 

[Imp]

I think I made a mistake. I think I hsould have dumped some of my USG and moved it into GE.

Wow. Just looked at GE's 1 year chart - it's nearly identical to Citigroup's. The spreads between peaks and troughs are moderately smaller, but the risk should be lower too. Unfortuantely, I don't know what GE does aside from lightbulbs, appliances, and apparently miniguns.

 

[JS80]

Wow. Just looked at GE's 1 year chart - it's nearly identical to Citigroup's. The spreads between peaks and troughs are moderately smaller, but the risk should be lower too. Unfortuantely, I don't know what GE does aside from lightbulbs, appliances, and apparently miniguns.

GE Capital does what Citigroup does. In other words, no one else knows what they do either.

 

[RbSX]

My volatility and risk ETF is up over 10&#37; today. Fack yeah.

 

[KB]

My volatility and risk ETF is up over 10% today. Fack yeah.

You buy TVIX? I have been in and out of SRTY a bit a few weeks ago, but TVIX is nuts on the fluctuations. 63 - 40 in one week. Now 10% up in one day.

Some traders believe when the shorts start raising, the stocks start selling. We will see.