My oppinion about
after an attempt to break 24 and go to 28 SBUX for
about a week has been traded in the trading range 22.25
today the trading range was
followed by a strong close at 23.25 which suggests that
during the next trading day it can be brake up to the
new trading range 23 - 24 (be carefull i'm not sure
it might not brake it).
SBUX really needs
time to break 24 - it's a very good resistance level.
but as soon as it's broken... the only problem will
be not to sell low.
probably to break it we'll
have to wait for the earnings report.
S&P can get a bit corrected - after such a day!!! -
i'm not sure about it.
my short term target for
S&P is about 1375-1380( i set this target yerstoday
but after such increase... it might go
for this month about S&P it'll probably be going
sidways creating main support resistance lines. i can
only assume for now that they are at 1320 - 1380.
probably in the end of sptember or in october one of them
will be broken and we ll have a strong move up or down
( i'd still liave a possibility of dowside - y2k
stuff...) - all this stuff is based on historical charts
but it's just a prediction.
I've checked out other websites' message boards.
they are much more civil, the information level is
much on par or less with this board. If one does not
ignoring bad posts (and there are many) in this board, I
this board is better than any other.
that I see which I agree with Twilip, this board
dominated by ultra short term and/or emotional
To them, I echo Twilip's investment strategy as a
good one -
the one I am using also. That is, look
for value stocks and
"be patient." In the longer
run, it will pay off both
mentally. I think there are many of us
what I mean by pay off "mentally" :-)
good long weekend.
You said :
spell as you want or as you can. (it's really funny
that some Amercans still care about
This may be a bit too personal, but am I correct to
assume that you were not born in America? I was just
I don't mind stating my position in SBUX. My
guess is that I have been in the market longer than you
have been on earth. I retired six years ago. SBUX
represents less than 5% of my portfolio, but as to adopting
you I have plenty of children and grandchildren
already. Thanks for the kind offer.
"self proclaimed market experts" was about me.
just another "self proclamation" ( i hop
it'll be helpfull) S&P to 1375-1380 and then it'll go
down again. may be it'll go higher but i doubt it too
Full board... i was there. they consider technical
analysis and practising witchcraft as... well they don't
like it there.
They base their decisions on the
knews and eanings(fundamental)-they are really good at
Yhoo board is pure crap. but i like
Somtimes you can find a link to interesting absolutly new
website here - you can't do that at Fool's. I gess sites
and stuff like that is very important - at least to
another good side of yhoo - you can spell as you want or
as you can. (it's really funny that some Amercans
still care about English.)
One thing is for sure
in yhoo: if you base at least 5% of your decisions
on info that you recive here you are going to lose
all your money and very soon.
and take out your frustrations on
There are many historical posts about the venom and
short treachery on this board. Repeats useless - just
use some of the honest opinion to educate yourself
especially how your favorite company (SBUX?) is doing in
other parts of the universe. If you crave technical
analysis hit on Motley Fool, Morningstar's site, Multex,
CBS Marketwatch etc etc etc - more info than coffee
One word - if you seek anonymity then NEVER post your
actual position because the unscrupulous will seek you
out, especially if you can afford to invest $20K in
one issue like SBUX. Nearly all the experts recommend
NEVER betting more than 5 pct of your nest egg in any
one equity issue, so you better have much more than
$400 K in the speculative market over-all. If that's
the case, do you want to adopt me?
All longs in SBUX could send E-mail message to
Starbucks @ www. starbucks.com investor relations has
E-mail. Let them know you are an investor and are long
because you believe they are a good company and offer a
great product. Tell them what you think they can do to
improve stock value and/or what they can stop doing to
improve same. If everyone did it on this board it could
send a message and some good ideas.
Thank you for posting that message. I agree with
you about the idioic posts here. IMO these boards
should be for information that will help all Starbuck
investors increase their wealth. Usually this board is
dominated by short sellers who are trying to feed off the
fears of others. But, that is their right too.
If you want to learn about Starbucks or any other
company all I can suggest is to request a proxy from the
company, check their web site, know something about the
product or service they sell, and seek out the advice of
your CPA or a trusted financial professional.
However, even with all of that, this new market with the
all people investing in it, is dominated by day
tradres and emotional traders, so it becomes more like
gambling in Las Vegas than investing.
I am a lot
like you, investing hard earned money in this market.
I made the mistake of listening to my broker who is
only interested in his small commission and is not
concerned about my losses which are much more than his fee.
From here on out I may use him to buy my stock, but I
will never take his word for what stock to
I will continue to look for two types of investment
opportunities. First, VALUE stocks i.e. good companies that are
seriously under valued, and cutting edge technology stocks
that could be the next MSFT or CSCO (unforunately
those trains left the station before I got on
Best of luck to you in yopur investing. Be patient.