***Official*** 2012 Stock Market Thread

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Imp

Imp

Lifer
Feb 8, 2000
18,828
184
106
JTsyo said:
How do you figure for C to drop another 10 points?

EDIT: never mind though it was in the 30s.

I might have to jump into nVidia if they drop any further. I'll wait to see what it does tomorrow. 13.50 was what I was waiting for.
Click to expand...

It's in the $28s right now. Since August, C has had no trouble trading between $24.50 and $32. I banked a 15%-ish rally about 2 months ago. Last time it hit $24.50, I was hoping it'd fall through and go lower, and put zippo in. Big mistake because <$25 was my 'all in' price. I'll throw a chunk in if it gets near $25 again - they "only" made >$1.5 billion last quarter, omfg.
 
FelixDeCat

FelixDeCat

Lifer
Aug 4, 2000
31,116
2,727
126
My prediction for 2012:

Apple files for bankruptcy when America decides to block all Chinese imports.
 
Imp

Imp

Lifer
Feb 8, 2000
18,828
184
106
Yay! I was right for the first time in weeks... TGT down about ~1.5%. Jumping back in once (if?) it touches the low $48 again.

Market: where the hell is the pullback? So not buying in big at this point.
 
KB

KB

Diamond Member
Nov 8, 1999
5,406
389
126
Imp said:
Yay! I was right for the first time in weeks... TGT down about ~1.5%. Jumping back in once (if?) it touches the low $48 again.

Market: where the hell is the pullback? So not buying in big at this point.
Click to expand...

Yeah if it can fall below $48 I can get in on that.


zimu said:
I sold usg prematurely :( This things on fire!
Click to expand...

Not sure why that stock is even $5. They haven't had positive EPS since 2007. Is it all on speculation the house market will improve?
 
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Imp

Imp

Lifer
Feb 8, 2000
18,828
184
106
This is out of hand... It's more or less been rallying for a month straight now with only one or two days of pullback.

Last year, I got impatient and bought in around January when it was doing the exact same (post-Christmas rally). Then we had a few bouts of civil unrest and a major earthquake, rampant oil speculation, and then a few meltdowns.

I get some hope from the fact that the market stayed high for about a month through October/November then took a dump again. Come on...
 
JEDI

JEDI

Lifer
Sep 25, 2001
29,391
2,738
126
market's up.
good in that all my spare cash is in stocks.

bad in that i sold out of margins last week.
QQQ and SPY. Sigh..
 
IHateMyJob2004

IHateMyJob2004

Lifer
Sep 29, 2004
18,656
68
91
Still at 40% cash. Hoping for a pullback in WFC.

I re-reviewed USG. I still think it is worth in the high teens. If it gets to $19+ I am selling.
 
Imp

Imp

Lifer
Feb 8, 2000
18,828
184
106
Maybe it'll stop start the meltdown in late January. Need the post-holidays job report to give it a kick...
 
H

hiromizu

Diamond Member
Jul 6, 2007
3,405
1
0
Whenever I feel that I've made quite a bit and get greedy, I get slammed. This feels like that tipping point so I sold out..at least on the biggest positions that I felt didn't make anymore sense to hold. Also VIX is getting down there too. Let's see what happens in the next few days, weeks.
 
Pliablemoose

Pliablemoose

Lifer
Oct 11, 1999
25,195
0
56
Cramer told people to sell Apple @ $377 now he's telling them to buy @ $430.

#Why I stopped watching Cramer...

BTW, we're 1/2 way through the 20 point bump in Apple prior to earnings :D At least 10 more points left in it...
 
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