flying- it doesn't "control" the markets - but the oil price going lower than $80 is suggestive of the world economy not being healthy! hence, if the world economy is not healthy, then that eventually will hit the bottom lines of companies- especially those that rely on their earnings through international trade- rather than domestically. so, when the oil price is low, it is good for the consumer for sure but not a good sign of the health of the world economy- so that eventually translates into not being good for the us markets- hence, they go down ;) then, the markets look forward by 6 months and they think by then, things will be fixed- hence the markets start going up again based on that forward belief. and that belief is strengthened when companies beat earnings estimates and give higher guidance for the future quarters. if companies start missing estimates AND guide lower, that is a sign that all is not good for the future (for 6 months out) and the markets react accordingly - they drop!
a bit complicated i'm sure but that's "basically" how it is re the oil price and the markets in general! copper price is the same too- shows health of the economy- so a lowering copper price suggests not a good looking economy for the near term future- eventually that will "potentially" be reflected in earnings, and then markets will go lower. IF copper price lowering does not end up having have an effect (ie. if earnings keep rising and forward guidance keeps rising) then so too does the market keep rising. right now a $3 copper price seems to be ok for the markets- if copper were to go to say $1.50, then THAT would NOT be good as it suggests low growth economically- and low growth suggests lower profits for companies- and that translates into markets going down! anyway... just a little tid bit of info there re copper and oil lol
i agree with moc re "dumb questions" - no such thing ;) everybody learns by asking questions OR by looking things up on their own! asking others who have knowledge of the subject at hand is always a good way to learn- and no one i know (including university professors and high school teachers) ever had any issue with being asked questions on the subject at hand- and nor did they think any question was dumb! so, don't ever feel that way flying, about any question you pose to anyone re a subject you're trying to learn about!
now re email- as i've done with others when asked, i would ask you to please create a stock twits account and then "follow" me on there - my id there is "tatrader11". then msg me and let me know it's you- tell me something specific about things you've posted or things you've posted to me or having to do with me- something that will let me know it is you! then i will follow you too! then we can send "direct" messages on there - they are private and cannot be seen by others on stock twits. cheetah and i communicate that way on there ;) it works out REALLY REALLY WELL! so, try it that way flying :)
lol- i started shorting in 2010- i started only "learning" about options in 2012- BUT i rarely ever trade options! i've had a margin account (for shorting too) since 2001! but i never shorted til 2010! and all i do regarding options is read them to know where a stock is going in price- that's all! i don't play them! so- ya, ppl CAN short stocks AND at the same time not know ANYTHING about options- and i am a perfect example of that!! as the person below me is too of attofarad! and i'm sure MANY others are the same too!
cheetah- flying posted a couple of questions to moc on here just yesterday or the day before (can't recall which day exactly). they were ta questions. i saw them myself - in one of moc's threads.
can we not just PLEASE ALL get along??!! yes she's been posting about her short position- but "some" of the longs on here post the same kind of thing when mu is going UP- & they aren't considering the "feelings" of those on this brd who might be short mu! so she's not "really" doing anything different than those cheerleaders that you refer to- it's just that she writes more posts i think than they write! so it's more about the "quantity" of her posts being written i think- rather than the content- from my perspective anyway. but i don't like seeing ANY kind of posts like that- whether gleeful posts from those long & it's going UP- or the gleeful posts from those short as the stock goes down! & with lillidodie (who posts on this board & USED TO post on the ddd board- i told that person off several months ago on the ddd brd for posting a making fun of the shorts on ddd- & i told her/ him that the shorts on that brd NEVER make fun of the longs when ddd is going DOWN- so she/he should do the same & give the SAME courtesy to the shorts on that brd when ddd is going UP!). so i have told ppl off for that kind of thing- but honestly, i don't like the gleeful posts from EITHER side of those long OR short! BUT that is just MY opinion- & that is thus just MY issue- which is why u don't see me writing very often on these brds about telling ppl off for writing such posts- as it isn't my business really- i told off lillidodie becuz he/she was one of the ppl who used to bash me on the ddd brd & bash ta too! but normally, i write nothing to such posts as it is only MY opinion & feelings on the subject- & i don't presume for the entire brd of their thoughts or feelings on the subject. so i remain silent!
but aside from this, can we just please ALL get along??!! :)
flying- oh i see- it was for cheetah - sometimes yahoo makes it hard to see which posts are for whom- sorry bout that!
no honestly flying, i do understand where YOU are coming from in writing your "red" posts- BUT what i am trying to convey is that it comes across to others (whether wrong or right- it's just their feeling on it) as "rubbing it in the longs faces" that their stock is losing money! just like ppl on other boards write similar posts to ppl on those boards whom are "short" a stock- ppl write posts to make fun of those short the stock as the stock is going up- & personally, i don't like seeing that- but i also don't like seeing shorts or longs cheering their positions on a board because as they are winning in making money on their position in the stock, it means that others on that board "might" be losing- & it doesn't feel good to be in that position- whether long or short a stock that is running in the opposite direction of what your position is in the stock! hence, i just think it is best for BOTH the longs & the shorts to not write happy posts when their stock is going in the direction they are making money with- that's why you never see me writing posts like that as i know for sure, there are going to be ppl on the brd whom are hurting as the stock goes up OR goes down! so i just give out the ta info as i see it & that's all i "try" to do! (despite being the case that it isn't ALL i END UP posting about lol).
so i'm just saying to be "mindful" of others' positions in the stock- & be gleeful when making money on a short- but don't post it on any brd when you know that the majority on these brds are ppl whom are long the stock. that is all i'm saying :)
the reason i am thinking it may go down again to $26 is purely for technical reasons. if mu did that, it would be very bullish for it if it went there and bounced up from there! that would then create a W pattern and that means mu going back into the $34s within the next month to 6 weeks.
so, that's why i say it might even go back down to $26 as it would be good for mu to do that (both for testing its recent low and see if it holds AND because then it would create a very bullish pattern of the W). :)
i agree with everything you;ve written! and there is a gap too at $28.30 and at $29.69 - they should get filled next week.
so yes, down to $28 (or possibly to $26s again too) before heading up again and get through those $31s where the 3 major moving avg's resistance is (as of this week anyway- the moving avg prices will change as the stock changes in price each week/ day)! ;)
not sure where mu will close- might be at around $30.50 though - but i haven't checked the options on it at all - i just know that is a strike price for it.
me?? agree with derby?? never!!! and nor would i ever agree with anything that fake me posts either!! i was just telling you my own opinion of all of this flying - that's all.
my post to you wasn't about agreeing with the bashers on this board! i was just trying to give a perspective of the glee posts is all. i meant no harm at all to you in writing that! plus, i just wanted to point out that cheetah writes similar posts to those ppl long on mu who go around cheerleading mu - he writes similar posts to them as he wrote to you i mean. so i was just wanting to say that he doesn't choose sides- he tells off both sides when both write exuberant posts - both longs and shorts i'm meaning.
again, no harm meant flying- honest!! i truly do mean that!! i told off lillydodie months ago (for example) when that person posted on the ddd board and was writing gleeful posts to the shorts on the ddd board as ddd was going up! i told him/her off for writing such a post and told her/him i would remind him/her of that post when ddd started DECLINING in price- and i did just that! so, no no, my post to you wasn't about "agreeing" with derbytilson or the fake me- i truly don't like reading posts from anyone whom are making fun of the losing side of things- regardless of understanding that they are only doing so due to being happy for their own position in the stock! but still, i really don't like it as to me, it shows lack of compassion for those ppl in loss positions- for both longs and shorts on a stock- when the stock is going opposite to a person's position. again though, that is only about my own opinion- it isn't that i am "agreeing" with anything the bashers on here are writing about!
i hope that makes sense flying?? again, no harm or offense meant- none at all!! :)
flying- i'm so so sorry to hear about your mom!!! i cannot imagine going through that kind of trauma!!! i am truly truly sorry flying for your pain!!
no one should write anything derogatory about a person's mother!!! it is not appropriate nor kind!!!! i hadn't seen that post written from him, so i just now checked thru his posts (yuck to say the least) and i found the post you are referring to! i flagged it (and his other posts to you) as being abuse! hopefully yahoo will remove them!!!
yup, that's happened with me too flying!! often (but not always) when i am fighting back against those bashing me, yahoo does that with me when i go to post- they will pop up a little window saying i need to log in lol. so, your exchange of posts with the fake ME and with cheetah i guess is being deemed by yahoo as "contentious" is my guess- so they are asking you to sign in to see if you are real or are a spammer posting that stuff! i'm sure the fake ME gets this ALL the time due to the trash he posts on here to people!
yahoo does that sometimes with posts. it's really odd! it's normally done when posts being written are bashing posts of others. i've seen bashers of mine have their posts removed within 15 seconds of them posting it!! it's how i know about yahoo doing that lol
and then even when there's no bashing in the posts, yahoo will just delete the posts written anyways if they feel the person WILL post a bash. i've had it done to me too by yahoo- that's how i know lol.
flying- i think the longs here mostly stay quiet when mu is going up- no?? i could be mistaken tho - sorry, i haven't noticed them being gleeful- except for the main cheerleaders on the board like robert and a couple of others. and cheetah tells those cheerleaders off too for their exuberance!! lol. he tells them off especially when they make their price calls of $50 or $60 type of thing lol- i saw him do that several times with robert! so, cheetah isn't playing favourites with either side.
i think it's just that as we all know, there are many ppl on this board whom are long mu - so, they of course don't want to see mu going down in price. and you seem to be the only person short on the board- OR the only person who posts about being short. and while i understand completely that you are happy when mu is going down, it doesn't make the longs feel good when they read glee posts written by those short mu. so maybe just refrain from writing happy posts about mu when it goes down - and then no one will take issue with your posts at all- as we all know you are here to learn and are still learning things like ta and options' strategies etc. so maybe just comment on things like that - comment, ask questions, etc. on things like that- and just leave the gleeful sounding posts off the board.
just a helpful suggestion is all flying - no harm or offence meant in what i've written to you :)
stickboy- the whole point of the 4/9/18 day trading system is for a stock to touch its 4 day ma price every day lol. so, not silly at all - it's supposed to do that! i've given out intricacies of that system when i've written about it on these boards- and of the intricacies is that a stock can miss touching the 4 day ma for up to 2 days in a row!! another intricacy is that a stock may not touch the 4 day ma on the day EXACTLY- it may just get "close to it" and then go on its merry way again (in price) after doing that!
so, mu going to the 4 dma of today isn't silly as that is what a stock is "supposed to" do each day lol
no, i wouldn't advise anyone to buy or to sell- that would be irresponsible for me to do that kind of thing as people need to do their buys and sells based on their own decisions. i will say that i believe mu will be at $40 in q1 2015.
mcwhirt- easiest way to know about gaps is by googling: "what is a price gap in technical analysis?" or "trading the gap in technical analysis" or "types of price gaps in technical analysis".
lots of info online of how they work and what they are.
essentially though, yes, price will go down to $28.30 - could be done tomorrow, could be done next week, could be done in november, etc. just as there is a price gap in the $34s too. i can see the lower price gaps getting filled first- and then the higher price gaps getting filled after that.
there are gaps all the way down to $22.48 from april- (one at $23.91 too) but i don't anticipate that $22.48 gap getting filled - unless mu goes into a downtrend of longer than 3 weeks duration.