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***Official*** 2012 Stock Market Thread

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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.
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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.
 
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.
 
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!
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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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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...
 
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..
 
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.
 
Maybe it'll stop start the meltdown in late January. Need the post-holidays job report to give it a kick...
 
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.
 
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 😀 At least 10 more points left in it...
 
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