REVscene - Vancouver Automotive Forum


Welcome to the REVscene Automotive Forum forums.

Registration is Free!You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! The banners on the left side and below do not show for registered users!

If you have any problems with the registration process or your account login, please contact contact us.


Go Back   REVscene Automotive Forum > Vancouver LifeStyles (VLS) > The Business and Financial Forum

The Business and Financial Forum THIS SPACE OPEN FOR ADVERTISEMENT. YOU SHOULD BE ADVERTISING HERE!
Revscene Wall Street.
Consolidating debt? Good business tips? Buying stock? How's our economy doing? Discuss and share advice and tools on everyday banking, investing, wealth management and insurance.

Reply
 
Thread Tools
Old 11-07-2012, 08:59 AM   #8026
I *heart* Revscene.net very Muchie
 
Join Date: Sep 2004
Location: Vancouver
Posts: 3,577
Thanked 13 Times in 8 Posts
Failed 4 Times in 4 Posts
I think a slight correction would be healthy for the markets
Advertisement
Jackwimmer is offline   Reply With Quote
Old 11-07-2012, 10:35 AM   #8027
Rs has made me the man i am today!
 
will068's Avatar
 
Join Date: May 2002
Location: van
Posts: 3,412
Thanked 494 Times in 214 Posts
Failed 46 Times in 23 Posts
Quote:
Originally Posted by jasonturbo View Post
Just bought 70k worth of AMRN @ 10.60

Somebody hold me too...

Since everyone in this thread is greedy like me... why couldn't Romney win!!!!!

Romney + Harper = Capitalist Wet Dream
LOL Wut ? With Romney's Flip Flopping, Obama and Romney are essentially the same.

Only candidate I liked was Gary Johnson. Now that's a Capitalist wet dream. 0% corporate tax rate. He understands that it's a double tax.

Stupid Fiscal Cliff. This is so phantom. There are no budget cuts. Seriously WTF ? This is for for the planned additional expenditures that are proposed to be cut down. So if the Budget Cuts do go through in 2013, the overall budget will not decrease. Holy Shit. Media manipulation at it's best. Everybody is getting too greedy.
__________________
RS Buy&Sell Rating
will068 is offline   Reply With Quote
Old 11-07-2012, 10:47 AM   #8028
SiRVs up, dude
 
SiRV's Avatar
 
Join Date: Jan 2004
Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
Failed 31 Times in 17 Posts
Quote:
Originally Posted by jasonturbo View Post
Just bought 70k worth of AMRN @ 10.60
, trying to get a small bump in price to sell everything at a profit?
__________________
My Feedback Rating
SiRV is offline   Reply With Quote
Old 11-07-2012, 11:41 AM   #8029
RS.net, where our google ads make absolutely no sense!
 
Join Date: Mar 2011
Location: Richmond
Posts: 916
Thanked 692 Times in 227 Posts
Failed 68 Times in 25 Posts
fiscal cliff lol, they're just going to delay and push back the issue. With the republicans majority in the house and democrat for pres and senate. Nothing will get done.

Expect fiscal cliff solution taking months and months to resolve.

At least Bernanke still has the key to the money printer for another 4 years lol
Geoc is offline   Reply With Quote
Old 11-08-2012, 02:46 PM   #8030
I keep RS good
 
Ulic Qel-Droma's Avatar
 
Join Date: May 2001
Location: Cosmos
Posts: 28,720
Thanked 5,581 Times in 1,516 Posts
Failed 869 Times in 293 Posts
S&P500 SPOT
Window.jpg
indicators:
candle stick
exponential moving averages 20(red)/40(blue)/200(green)
slow stochastic
MACD
pink lines are support resistances drawn in


weakening... bears rawr.
down. down. down baby!
Ulic Qel-Droma is offline   Reply With Quote
Old 11-08-2012, 03:36 PM   #8031
I *heart* Revscene.net very Muchie
 
strykn's Avatar
 
Join Date: Dec 2007
Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
Quote:
Originally Posted by Ulic Qel-Droma View Post
S&P500 SPOT
Attachment 14188
indicators:
candle stick
exponential moving averages 20(red)/40(blue)/200(green)
slow stochastic
MACD
pink lines are support resistances drawn in


weakening... bears rawr.
down. down. down baby!
Market rally into Obama comments on cliff tomorrow followed by a sell off when he doesn't say anything useful
strykn is offline   Reply With Quote
Old 11-08-2012, 04:32 PM   #8032
I keep RS good
 
Ulic Qel-Droma's Avatar
 
Join Date: May 2001
Location: Cosmos
Posts: 28,720
Thanked 5,581 Times in 1,516 Posts
Failed 869 Times in 293 Posts
i don't play stocks but i charted AAPL for u guys. too lazy to post

but the fibonacci projection was right on the dot... the projection was right at 700.

I would look for a buy around ~528.66, wait for a GOOD green day and buy in.
if it breaks ~528.66, it could easily drop to ~420.

remember those numbers!
Ulic Qel-Droma is offline   Reply With Quote
This post thanked by:
Old 11-09-2012, 01:18 AM   #8033
Wunder? Wonder?? Wander???
 
mwoo's Avatar
 
Join Date: Oct 2012
Location: Vancity
Posts: 248
Thanked 42 Times in 30 Posts
Failed 0 Times in 0 Posts
hemp bruthers
mwoo is offline   Reply With Quote
Old 11-09-2012, 09:22 AM   #8034
SiRVs up, dude
 
SiRV's Avatar
 
Join Date: Jan 2004
Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
Failed 31 Times in 17 Posts
cashing out yet jason? lol nice little bump today
__________________
My Feedback Rating
SiRV is offline   Reply With Quote
Old 11-09-2012, 10:11 AM   #8035
I contribute to threads in the offtopic forum
 
jasonturbo's Avatar
 
Join Date: Feb 2008
Location: North Van
Posts: 2,849
Thanked 7,109 Times in 1,264 Posts
Failed 291 Times in 102 Posts
Quote:
Originally Posted by SiRV View Post
cashing out yet jason? lol nice little bump today
Well TBH.. I am "riding the buyout" bandwagon for now.. though I really don't want to be holding much of anything over the XMAS/New year break.

Irresponsible Investing 101 W/ Jasonturbo.
__________________
Quote:
Originally Posted by jasonturbo
Follow me on Instagram @jasonturtle if you want to feel better about your life
jasonturbo is offline   Reply With Quote
Old 11-09-2012, 10:30 AM   #8036
I *heart* Revscene.net very Muchie
 
strykn's Avatar
 
Join Date: Dec 2007
Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
Quote:
Originally Posted by strykn View Post
Market rally into Obama comments on cliff tomorrow followed by a sell off when he doesn't say anything useful
you cunts like that call Spy calls at the open, puts during speach. +4k booya
strykn is offline   Reply With Quote
This post thanked by:
Old 11-09-2012, 02:15 PM   #8037
My homepage has been set to RS
 
ilovebacon's Avatar
 
Join Date: Jan 2012
Location: vancouver
Posts: 2,447
Thanked 1,759 Times in 545 Posts
Failed 1,107 Times in 281 Posts
So you guys basically buy stocks when their low and sell it out when their high?? Which sites do you guys recommend with the lowest fees?
Posted via RS Mobile
ilovebacon is offline   Reply With Quote
Old 11-09-2012, 02:22 PM   #8038
Old School RS
 
lowside67's Avatar
 
Join Date: May 2004
Location: Port Moody
Posts: 4,596
Thanked 4,042 Times in 1,232 Posts
Failed 129 Times in 79 Posts
Lol... yes, buy low and sell high is the general gist...
__________________
I'm old now - boring street cars and sweet race cars.
lowside67 is offline   Reply With Quote
This post thanked by:
Old 11-09-2012, 02:26 PM   #8039
My homepage has been set to RS
 
ilovebacon's Avatar
 
Join Date: Jan 2012
Location: vancouver
Posts: 2,447
Thanked 1,759 Times in 545 Posts
Failed 1,107 Times in 281 Posts
But what if you bought a stock at a low price and it just keeps going lower. Can I hold onto it till the price goes back up and go in for the sell? Or does it expires within a time limit?
Posted via RS Mobile
ilovebacon is offline   Reply With Quote
Old 11-09-2012, 02:39 PM   #8040
I keep RS good
 
Ulic Qel-Droma's Avatar
 
Join Date: May 2001
Location: Cosmos
Posts: 28,720
Thanked 5,581 Times in 1,516 Posts
Failed 869 Times in 293 Posts
Quote:
Originally Posted by ilovebacon View Post
But what if you bought a stock at a low price and it just keeps going lower. Can I hold onto it till the price goes back up and go in for the sell? Or does it expires within a time limit?
Posted via RS Mobile
you don't catch a falling knife.

what you perceive as a low price, may not actually be low.

say apple is at 700, and it drops to 547. is that low? would u buy there?

to some that's low. what a deal! 150 bux cheaper!

what if it drops to 400? 300? 200? 100? 0?

the strategy is knowing WHEN it's ACTUALLY a "low" (as in it's gonna turn around). not just guessing out of your ass.

always wait for a confirmation before entering.

if it's going up, you can buy anywhere and you'll make money.

so why the fuck would buy when its going down? why not wait till it's going up and reduce your risk by THAT much.

you gotta be able to flip your "buy" mentality to "short".

if it's going down, you gotta remember, all the bears that are short the stock have the OPPOSITE mentality as you.

it was HIGH, and it started to go DOWN and it was CONFIRMED going down, therefore they SHORT the stock.

and all the poor bulls are trying to buy it as it goes down. no. wrong mentality. you'll get fucking slaughtered.

as it's going down the bears are selling into it everyday. and as it slides they make money everyday.

if you're a bull, you should do the opposite, WAIT (patience) till it's actually going up (after it's gone down), and buy in. and if you're confident in your trade, then that means the market will go up almost immediately. meaning you can keep buying in as long as it keeps going up.


im a big bear, i can tell you, things always drop faster than they rise.
could take 3-4 years to build a position, and in a fraction of the time the bears can wipe it out.

fear is the strongest human emotion. as markets are going up, there's always doubt that it's topped out. but as it's tanking, everyone is fearful, and dumps.

it would be 100% retarded to buy as it's dropping like a stone. that's just gambling. trying to pick a low based off of nothing. you always wait for a confirmation.


side note:
short sp500 futures, got out today at the lows, made nice 26%
short soybeans futures into the report, made a 37% all over 48 hours.

Ulic Qel-Droma is offline   Reply With Quote
This post thanked by:
Old 11-09-2012, 02:47 PM   #8041
My AFC gave me an ABS CEL code of LOL while at WOT!
 
Sky_High's Avatar
 
Join Date: Sep 2011
Location: RevScene.net
Posts: 1,889
Thanked 1,284 Times in 420 Posts
Failed 238 Times in 105 Posts
Quote:
Originally Posted by ilovebacon View Post
But what if you bought a stock at a low price and it just keeps going lower. Can I hold onto it till the price goes back up and go in for the sell? Or does it expires within a time limit?
Posted via RS Mobile
What....
Sky_High is offline   Reply With Quote
Old 11-09-2012, 02:53 PM   #8042
I *heart* Revscene.net very Muchie
 
strykn's Avatar
 
Join Date: Dec 2007
Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
Very useful advice ulic posted for beginners. Buy low based on signals whether fundamental or technical. Buying during the reversal of trend is better than buying low, u will catch knives most of the time unless u have a perfect strategy to see bottoms..
strykn is offline   Reply With Quote
Old 11-09-2012, 03:04 PM   #8043
My homepage has been set to RS
 
ilovebacon's Avatar
 
Join Date: Jan 2012
Location: vancouver
Posts: 2,447
Thanked 1,759 Times in 545 Posts
Failed 1,107 Times in 281 Posts
ok that makes sense. which site do you guys use? i was thinking about doing the pennies stocks.
ilovebacon is offline   Reply With Quote
Old 11-09-2012, 03:14 PM   #8044
I keep RS good
 
Ulic Qel-Droma's Avatar
 
Join Date: May 2001
Location: Cosmos
Posts: 28,720
Thanked 5,581 Times in 1,516 Posts
Failed 869 Times in 293 Posts
Quote:
Originally Posted by Sky_High View Post
What....
he's thinking of options that have a time limit and expire.
Ulic Qel-Droma is offline   Reply With Quote
Old 11-09-2012, 04:29 PM   #8045
My homepage has been set to RS
 
Join Date: May 2011
Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
Failed 16 Times in 9 Posts
Quote:
Originally Posted by ilovebacon View Post
ok that makes sense. which site do you guys use? i was thinking about doing the pennies stocks.
LOL first time investing + penny stocks
shawnly1000 is offline   Reply With Quote
This post thanked by:
Old 11-09-2012, 04:39 PM   #8046
My homepage has been set to RS
 
ilovebacon's Avatar
 
Join Date: Jan 2012
Location: vancouver
Posts: 2,447
Thanked 1,759 Times in 545 Posts
Failed 1,107 Times in 281 Posts
^ don't you guys have a time limit when u guys buy any of the stocks? I saw a site like cedars finance. Its simple which I like, its either buy or sell within a min, after that 1min you'll either win or lose. But I heard its a skechy site so I didn't put much time into it.
Posted via RS Mobile
ilovebacon is offline   Reply With Quote
Old 11-09-2012, 04:46 PM   #8047
I contribute to threads in the offtopic forum
 
jasonturbo's Avatar
 
Join Date: Feb 2008
Location: North Van
Posts: 2,849
Thanked 7,109 Times in 1,264 Posts
Failed 291 Times in 102 Posts
Dear god...
__________________
Quote:
Originally Posted by jasonturbo
Follow me on Instagram @jasonturtle if you want to feel better about your life
jasonturbo is offline   Reply With Quote
This post thanked by:
Old 11-09-2012, 05:02 PM   #8048
My homepage has been set to RS
 
ilovebacon's Avatar
 
Join Date: Jan 2012
Location: vancouver
Posts: 2,447
Thanked 1,759 Times in 545 Posts
Failed 1,107 Times in 281 Posts
Lol evreyone got to start off somewhere.
Posted via RS Mobile
ilovebacon is offline   Reply With Quote
Old 11-09-2012, 06:48 PM   #8049
My homepage has been set to RS
 
Join Date: May 2011
Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
Failed 16 Times in 9 Posts
Quote:
Originally Posted by ilovebacon View Post
Lol evreyone got to start off somewhere.
Posted via RS Mobile
Casino is a good start...
shawnly1000 is offline   Reply With Quote
Old 11-09-2012, 07:05 PM   #8050
Wanna have a threesome?
 
MindBomber's Avatar
 
Join Date: Oct 2010
Location: Squamish
Posts: 4,889
Thanked 5,054 Times in 1,657 Posts
Failed 439 Times in 203 Posts
Quote:
Originally Posted by ilovebacon View Post
^ don't you guys have a time limit when u guys buy any of the stocks? I saw a site like cedars finance. Its simple which I like, its either buy or sell within a min, after that 1min you'll either win or lose. But I heard its a skechy site so I didn't put much time into it.
Posted via RS Mobile
What you've described is not a simple approach to investing, it's an over complicated approach to roulette.

If you're going to foolishly burn money, hookers are a lot more fun than stocks.
MindBomber is offline   Reply With Quote
This post thanked by:
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



All times are GMT -8. The time now is 10:49 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
SEO by vBSEO ©2011, Crawlability, Inc.
Revscene.net cannot be held accountable for the actions of its members nor does the opinions of the members represent that of Revscene.net