I got stopped out in the morning in BX and KKR. As trader I should have sold as soon it made a new high, but got taken in when KKR also made a new high.
Then came the Bloomberg News again and again how BX could make billions and are mot selling here. What I was thinking, was like an investor. But the market looks toppy, high tide takes others with it. So small profits here and there are better that getting locked in trading range. I tried to get on the message board earlier, that BX is losing strength after making new high, but my message doesn't appear for some reason. I could be using some link which is not allowed.
You maybe right, but time for me to relax a little. I am watching weakness in market leaders, which is no a good sign for the market.
Once again I am a trader and my study on volatility indecated, that BX move for this week is close to over based on low to high, also On Balane Volume did not confirm new high.
Good luck, I am glad to see you will make a bundle if your thesis is correct, and so will others,
That is my fear, selling soon and then buying at new high. I have no plans to get back in this stock this week, it has moved enough.
Kindly Read and Learn BX at 28.90
Thanks for reading and saving your investments
Watch out near the close if stock does hold, then we have Volume Price Reversal
New 52 Week High….. 43
New 52 Week Low …..111
Becareful There more new lows and a few new highs.
New 52 Week High….. 43
New 52 Week Low …..111
Very close the run is over, the next move instead of run, it could be either jump or gradual slow walk and not run.
Those who sold BX to Get HLT but will get no HLT, May jump back to BX.
This buying before others, called front running anticipation.
Folks are holding , that one more time another new high, but the volume says different.
For 2013 GILD has made and seen its high. Sell now and help Uncle Sam with taxes, you can buy cheaper next year.
On down market on low volume BX is marching in this snowy weather. Until we see the volume pick up, this could be 2- 2.5% move due to option buyers of 28 and 29 strike price for December.
Why fight the tape, but keep your eyes on the ticker and not this message board for guidance.
Let us see how BX reacts as it approaches today's high.
You should be looiking at BX and trading for profits.
Why worry about small things, who is who?
Profit takers are caught in snow and option activity says stock is going higher.
Good try and keep up with the good work.
On balance volume is increasing and KKR made new high.
Volume is above 700,000
It is over extended and needs rest just like you. Consolidation here will will help next year with fresh up leg up about 2 to 5%. This 40 to 50 is not investment but you are thinking of a ball game.
Thanks for the response. I always read all your messages before going to bed. You are always right, only after a few days late.
You have a clear insight what others lack; you are god sent gift to the BX message board.
Please keep up with the good work and this free help you are providing to investors and traders. At dinner my friends and neighbors discuss your masterpiece view of investment.
We all will like to wish you A Happy Holiday Season
THRM is giving a buy signal, only thing missing is volume. If a stock makes a new high on low volume the uptrend is not confirmed.
Sentiment: Strong Buy
What is the right course to take tomorrow Dec 10, 2013?
If someone gave you $50,000 cash to invest, how would you invest based on the following?
1. Hilton IPO is coming, buy BX tomorrow at the opening for long-term
2. Buy Hilton after the IPO starts trading, for long-term investment.
3. BX and Hilton is old story, buy WX tomorrow, for trading, short- term.
BX after hours closed 28.59, volume 129,518.
HLT will have fewer shares and will move up more than BX.
WX makes new high each month and has not yet made yet in December.
Thanks in advance, for your cooperation.
Brokerage houses, block houses, mutual funds, hedge funds, are all making decision on the allocation of other peoples funds.
You will soon start seeing the impact on BX, with a day left.
Your decision doesn't suit others.
My emai is full with the same question, BX or HLT.
Impact of HLT IPO and BX at 28.61
1. Big investors get blocks of 25,000 to 50,000
2. Brokers will allot only 50% to 60% to their preferred traders.
3. Small investors may get about 100 shares if asked for 300
4. Some of the BX investors will trade out of BX and get HLT
5. Some can afford to keep BX and buy HLT IPO
6. I will buy in IPO and after opening as well, depends where it opens.
7. The biggest investor are those who are selling HLT in IPO and getting the money, more than 2 billion funds, some will flow into BX.
You can count yourself, where you are and what you should do.
It is going to be extremely difficult to guess or estimated and crown reaction.
A good book for traders
Extraordinary Popular Delusions and the Madness of Crowds
Charles Mackay, first published in 1841
Volume 1385,376 Low yet, but close may change
Early: blip is due to option related. Those who decided to get the stock
Mid day: The Graph readers and technical folks see a good move
Afternoon to close: Folks have to decide if they want HLT and hold BX, or both.
Stock is acting very well for long-term investor and traders,
My messages are informative and reader can judge for themselves, from the content an investor can clearly judge that I am a trader. Investors, who are going to hold for weeks and months and not days, generally ignore messages boards.
Once I am out, I make it a point to tell readers, that I do not have any position. I also mentioned time and again that given an opportunity, I will get back again at lower level. In this case it is BX. Others stocks once in and out and that is the end of the trade.
Folks, who make money in the market generally, do better research and are long-term investors. Of course there are others who would blame Novice, could use your help.
I often get message response, you are on my ignore list. That choice is open to you.
I am very proud to take the blame so others can sleep well.