It is August 25th and I have 10% of our investments in BIB and LABU. The rest is AAPL, GOOGL, and cash. Hoping this is the express elevator to the penthouse.
BIB bounced yesterday from its lower trend line, and it bounced up hard, which confirms the channel that goes back to December 2014. If it had fallen instead of bouncing up and ALSO stayed below the bottom of the trading channel, then I would have sold, but it didn't. So I bought LABU for the bounce (actually bought just before the bounce and watched it like a hawk). Doesn't mean smooth sailing, and we could always have something like the EBOLA outbreak, which tanked everything including BIB, but so far its good here, despite the drop today.
Given the baby boom generation going into retirement, given that many of us have money to throw at staying alive for as long as possible, and given the advances in science accelerating, I agree. I have been in BIB now for about a year... I increase the holding at the bottom of the channel and decrease it at the top. We are right at the bottom of the trading channel today, but instead of increasing BIB, I bought LABU instead. LABU is so new it hasn't formed a trading channel yet... but BIB's is a perfect proxy.
What an idiot. Everyone here is selling at the top of the trading channel and buying at the bottom. Except it went above the trading channel for a while, didn't it? Which is a very good reason to use limit orders.
That's exactly where ULTA shines. They help women (and men) look natural and healthy without all that clown gunk the drug stores push. A lot of it is a matter of education, which they are very good at.
Whether you're right, wrong, or silly putty doesn't matter nearly as much as your abrasive, know-it-all attitude, which in the real world gets you zip. Ask your brother-in-law, he'll tell you the same. Moron yourself if you don't know how to talk to people; sheesh.
Schwab won't reinvest any money into leveraged stocks/ETNs/ETFs because "it isn't safe". They are playing "mommy".
The owner of IB is a right wing fruitcake, based on a rant I heard him make on television about six years ago. I wouldn't deal with them if they were free.
You're just upset because you thought you were going to make a BOATLOAD of money by shorting, eh? So... you're angry because YOU wanted to be the greedy rich whatever you said, but well, gosh darn it; cheaters never prosper, do they?
Presidents Bush (the first one), and Reagan both tried to "make" the Fed conform to their agendas and got slapped right across the kisser - in a nice way of course. We give the Fed and the Supreme Court immunity for a very very very good reason - so they won't bow to special interest groups. It has been shown over an over again that people who answer to their own conscience and the conscience of their immediate peers answer best.
"Koolaid Drinker", "Sucker"? Who's calling names here? Classic. And I reiterate; I didn't find a single positive posting by you on any board on Yahoo. All negative, all inflammatory. There is a term for people with that behavior, and it's "troll". It isn't name calling to refer to someone accurately and correctly.
I just doubled down. Also doubled down on CEFL, and CLM. Reallocating a portion of our port from high growth to high yield.