PIMPING STOCKS

[call_me_ishmael]

It worried me when you say you don't understand a lot of the stuff but take his word like a Bible. If he's calling all of ths stuff, I'm wondering why you are still in Apple. Woudn't you have sold long ago and now wait for the $425 ? I'm honest here in that I am NOT remotedly a technical expert. I read a lot about the fundamentals and companies I invest in and really read about their earnings reports and forecasts going forward.

I'm pretty much only searching for hyper growth companies....so I understand the valuations of some of the stocks I own and am most interested in will be high.

I also understand I'm looking for the multi baggers and with that comes a very high amount of risk....and reward if I hit the right ones. So I'm investng with money I can lose so I feel fine looking mainly at high risk/reward stocks

He explains how the charts will play out based on trade volume, etc in plain english. It's easily understandable. The charts are a little harder to read every detail but the gist is pretty straight forward.

I use stops a lot. I trust him and am pretty confident in him, but I wouldn't bet all my money that's he's right. I bet he is, though. He has been INCREDIBLY accurate in the past year. People have made millions from following him and buying options accordingly. I don't do that sort of trading. Don't understand it nor do I want the risk.

As for the 425, I do think it will happen, but what if he's wrong? I'd rather get stopped out than sell it and be wrong. I use trailing stops to prevent loss and just let it ride for the most part.

You are more of a gambler than I. I only invest in stuff I follow closely and fully understand. I will buy a lot of GOOG eventually but it's not time yet.

I'll check out your show, but like I said I don't invest in many companies. I have to follow it closely or I won't do it. I check AAPL probably 100 times a day in all honesty. Every time I restart a server, compile, etc.

[Patler]

Do you realize your stop orders are known the the mm's, and on any day they feel like, they might simply go down and pick it off?

[Patler]

Personally, I have a fundamental problem with chart pattern trading. It presupposes that past events are determinative of future performance. Like any trading system, it works sometimes, for some companies, if there isn't a fundamental change for the good or bad. In the end, the market works on supply and demand. Demand is based on appeal of the company. Over the long term, appeal comes from perceived future performance.

[mraynrand]

It presupposes that past events are determinative of future performance.

[SkinBasket]

I know I've said it before, but I honestly hope ya'll aren't sticking a lot of cash into this house of cards. I may invest like a retard, but I don't invest a lot... at all. It's more for personal enjoyment. Because when they stop printing that money, the entire market is going to correct, no just this stock or that stock, and it's going to correct big time. You would have to be retarded to think this market is anything other than a political mirage. I know everyone thinks they'll see it coming THIS time, and jump off just as the engine jumps the rails, but some of you are nice people, and I don't want you to be poor.

[mraynrand]

I know I've said it before, but I honestly hope ya'll aren't sticking a lot of cash into this house of cards. I may invest like a retard, but I don't invest a lot... at all. It's more for personal enjoyment. Because when they stop printing that money, the entire market is going to correct, no just this stock or that stock, and it's going to correct big time. You would have to be retarded to think this market is anything other than a political mirage. I know everyone thinks they'll see it coming THIS time, and jump off just as the engine jumps the rails, but some of you are nice people, and I don't want you to be poor.

you can't eat gold or government bonds either. So what are you investing in. You seem pretty well situated to buy farmland, animals, generators, fuel, guns, ammo, and other things that will have value once the crash comes. I was thinking of stockpiling fuel, generators, refrigerators and maybe perhaps insulin production equipment.

[call_me_ishmael]

I know I've said it before, but I honestly hope ya'll aren't sticking a lot of cash into this house of cards. I may invest like a retard, but I don't invest a lot... at all. It's more for personal enjoyment. Because when they stop printing that money, the entire market is going to correct, no just this stock or that stock, and it's going to correct big time. You would have to be retarded to think this market is anything other than a political mirage. I know everyone thinks they'll see it coming THIS time, and jump off just as the engine jumps the rails, but some of you are nice people, and I don't want you to be poor.

My SPX guy said it'd hit 1800. It's about to. Haven't checked in lately on when he said it'd be a top. I don't follow it closely.

[SkinBasket]

you can't eat gold or government bonds either. So what are you investing in. You seem pretty well situated to buy farmland, animals, generators, fuel, guns, ammo, and other things that will have value once the crash comes. I was thinking of stockpiling fuel, generators, refrigerators and maybe perhaps insulin production equipment.

Balanced approach. Still use traditional investment tools, but I am prepared to lose 50% or more. True you can't eat gold, but gold has retained it's value for thousands of years and there's no reason to think the economic collapse of another festering civilization will change that. I don't have nearly enough to be a baron in the new world, but enough to make some critical trades if need be. Moving to the country was part of the plan, and allows us to be 80% self sufficient without any real stockpiling outside of common tools, including firearms and ammo. We also have the type of community here that would provide support and has an absolute wealth of practical knowledge for survival, which you simply can't buy. Speaking of which, I should also invest in more booze. I already do, but it tends to get used at an equal rate. In the case of threatening civil unrest, we would simply barricade the two ends of the road and carry on. Fresh water and food are in abundance, and we have some MRE type stuff squirreled away in case of emergency. Going forward, investing in a year's supply of 25 year shelf food (if nothing happens in 20 years I'll gladly eat it then and consider myself blessed), is a larger priority than any kind of market investment. Maybe a higher caliber rifle as well.

I'm not interested in any fueled device or fuel, as that resource will disappear almost immediately anyway.

I really think that the best case scenario is going to be a massive economic collapse - which at this point is all but unavoidable if you believe in math, followed by mainly urban unrest and destruction when government and basic services collapse, with bleed-out to the rural areas where the lawless will be put down like stray dogs until martial law restores a "benevolent dictator" to rule the democrats and other commies on the eastern seaboard while Texas leads a southern split for the folks who still cherish freedom, and the west is abandoned to Mexican and Chinese rule. Of course, after a couple decades of boarder confusion and mass population relocation, that will most likely lead to an internationally backed second war of northern aggression when the progressive regime mills through it's resources and continues to degrade and militarize while the limited government southern regime flourishes and renews relations with traditional allies, which won't be good for investing either.

Anyway, we've got more money than I would like invested in market based shit, but I'm also not counting on that money being there or being worth anything at the drop of a hat.

[call_me_ishmael]

I imagine Skin in his 'coon hat out huntin' coyotes living off the land. Dude you're a rich white male you are golden. You will live a posh life of opulence. Bathing in milk type shit.

My investment plan going forward is to build a company. I'm looking for the 10x payback. I do okay right now but I want to make 1M annually. I'm constantly tired though so that is a drag. Tough to get by on 4-5 hours of sleep a night. I drink about 4-5 cups of coffee each day to get through but damn do I sleep hard when the time comes. Last weekend my wife let me sleep in and I slept 15 hours straight. It was glorious.

[mraynrand]

Speaking of which, I should also invest in more booze.

I'm not interested in any fueled device or fuel, as that resource will disappear almost immediately anyway.
.

In KY, fuel and booze come from the same backyard contraption. Used to see a lot of them in the hills outside Morehead...

[SkinBasket]

Why the fuck would someone bath in milk?

I hope this clusterfuck of a country stays together. I don't want my kids hunting to live and killing to protect themselves. But like I said, the math of modern ignorance doesn't add up - not even close to reality, so we prepare. If nothing catastrophic happens, we'll still have had a good, rewarding experience filled with shooting and eating and growing and building things. The way life used to be before wealth was measured in paper promissory notes and digitized numbers, both of which can disappear in a blink.

Not saying that trying to pull a few more years of pretend time with fake money isn't rewarding to some. Just don't bank on having anything to show for it, especially if you're horde of gold is in an absurdly inflated market with a pump about to run out of air.

[Patler]

I really think that the best case scenario is going to be a massive economic collapse - which at this point is all but unavoidable if you believe in math,

Math? Nothing but a fad. Believe me, in another generation or two, it will all but be forgotten.
(All kidding aside, based on the performance of our public school system, it actually might be forgotten.)

[SkinBasket]

Math? Nothing but a fad. Believe me, in another generation or two, it will all but be forgotten.
(All kidding aside, based on the performance of our public school system, it actually might be forgotten.)

No kidding there. Common Core dictates that if you can explain how you got your wrong answer, then it is right.

[Patler]

Common Core dictates that if you can explain how you got your wrong answer, then it is right.

PLEASE tell me that is NOT something schools actually follow?!?!

[MJZiggy]

No kidding there. Common Core dictates that if you can explain how you got your wrong answer, then it is right.

I'm so glad my kid learned actual math before they came up with this crap.