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Post by jacksrbtr on Mar 27, 2015 14:07:44 GMT -5
If market on Monday, I'm looking for buys in INTC, JCP, VCEL, possibly banks, and (extremely unlikely) BABA <70. Currently holding AAPL, DDD and NOAH. I won't be buying anything if this slow, drawn-out drop continues though. Only in the event of a quick flush. Anybody else have any ideas for longs? I'll be going moderately long on Spring lettuce and Kale this weekend.
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Post by crumbdon on Mar 27, 2015 14:08:32 GMT -5
I, too, am waiting for the big intraday flush to buy. Hopefully by Tue. I won't trust going long without it.
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Post by huh on Mar 27, 2015 14:11:49 GMT -5
I, too, am waiting for the big intraday flush to buy. Hopefully by Tue. I won't trust going long without it. The only thing that worries me is that someday there's going to be a flush that doesn't stop right away. And the reason I'm being so cautious with stops.
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Post by jacksrbtr on Mar 27, 2015 14:19:51 GMT -5
I'd like to remind you all of the prophetic words of Chaucey Gardiner (starting at the 33 second mark):
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Post by huh on Mar 27, 2015 14:28:03 GMT -5
When was the last time, if any, that the market closed red all 5 days of a week? Anyone know? I saw some mention of closing red today and breaking a WW2 record.
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Post by crumbdon on Mar 27, 2015 14:28:44 GMT -5
I, too, am waiting for the big intraday flush to buy. Hopefully by Tue. I won't trust going long without it. The only thing that worries me is that someday there's going to be a flush that doesn't stop right away. And the reason I'm being so cautious with stops. You mean like the 15-20%-er that's coming later this year? I expect circuit breakers on that one!
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Post by huh on Mar 27, 2015 14:38:26 GMT -5
Oil down 6% on a non-OPEX week Friday. That's scary.
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Post by huh on Mar 27, 2015 14:41:29 GMT -5
Market's rallying some, but my stocks don't care.
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Post by crumbdon on Mar 27, 2015 14:54:00 GMT -5
Market's rallying some, but my stocks don't care. I think what you mean is that the INDICIES are rallying some, but no stocks actually are, lol.
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Post by huh on Mar 27, 2015 15:01:11 GMT -5
Although I managed to stay green for the week, ticks me off missing the INTC buy by 7 cents, and the NOAH sell by 2 cents.
Those two would have tripled my gains. It's been a challenging week.
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Post by huh on Mar 27, 2015 15:05:10 GMT -5
That close didn't confirm either way, so that futures chart I posted earlier can be ignored until it confirms.
Hopefully we get a serious power holiday rally early next week, that would be good for both bulls and bears. (bears because it would likely be the last rally of the topping process)
Have a good weekend all.
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Post by jacksrbtr on Mar 27, 2015 16:46:48 GMT -5
Yah have a good weekend. I'll be looking at Armstrong tomorrow but recording it ain't happening my systems bubba let me down. His website however says that DVD hard copies will be available a few wks after the event price TBD.
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