i hope you stay lilly and keep posting!! i really enjoy your posts!! they are always informative!! so, i hope you'll stay lilly!
thanks oakridge!! i appreciate you telling me that!! and i appreciate your support!! :) i didn't know you still read this board as i haven't seen you post on here in quite a few months now! so, it's nice to hear from you oakridge :) and thank you again :)
really?? am i?? so you know my track record for calling prices?? you actually are showing your ignorance of what technical analysis is and what it does- which is "predict prices"! so, do me a favour and put me on ignore as i have no interest in discussing anything with someone who shows they know nothing about technicals- yet they try to discuss technicals with me as though they do understand it!
buh bye! ignorant people get ignored- and you've just shown yourself to be one of those types! so, buh bye!
such an ignorant comment!!
well, it blows MY mind that despite ALL the evidence out there that has been provided for DECADES about the efficacy of technical analysis that there are STILL people like YOU out there whom are so ignorant of understanding how this works- and how this works to predict prices that are coming- and does so on a very regular basis- for DECADES now!! blows my mind indeed!! did you buy at $106 on last earnings and wonder why it fell that day?? lol.
bye! i have no interest in discussing anything with people who show how ignorant they are about something that is time tested as being useful and true- people that are ignorant AND have NO INTEREST in becoming educated or knowledgeable about something that has been around for decades - due to it WORKING!! so, bye! on ignore!
uhh- yes, charts are in fact "crystal balls" showing ahead of time of what is coming for prices- if you understood about technicals and charting and fundamentals going hand in hand with technicals, then you would KNOW about this already yourself! maybe one day you'll finally understand how charts work- charts, technicals, fundamentals- all working together!
lol- what i know is that the CHART tells you AHEAD OF TIME where the stock is heading in price (no news is known at that time- just the chart telling what to expect is coming for price)- and the "news" (the fundamental stuff) like upgrades/ downgrades/ earnings/ acquisitions, etc- come out AFTER the fact- after the chart has already told the info of what to expect for the stock in price!
that's what i know about- and that's what i've written about- several times in fact on this board!
good plan jack :)
the pattern completes somewhere between $70 & $75- it started on aug 24th at $70.80- so that's where it "should" go to in order to "fully" complete the pattern- BUT, it doesn't "HAVE" to go to $70.80- so that's the reason i am saying anywhere between $70 & $75. BUT, i would hold off in buying it - just wait til it starts going up again- then jump in- but caution is still needed as swks might just keep doing up moves & then drop again (those are bear flags forming- where there's a drop like today [that's the pole], then an up move of a few dollars [that's the flag] and then a drop again). so be aware of that kind of price action that swks might do in the coming weeks as swks is still in a downtrend & is thus still subject to making lower lows & lower highs- until that downtrend ends & a new uptrend has started.
gaps that are still unfilled are in the $69s - as well as below that - there are only a few unfilled that are below $69s- BUT, the lowest unfilled price gap is in the $51s- will swks go that low in the coming weeks while it's still in its downtrend?? that is unknown right now! sorry that i can't be definitive on that guys- i wish i could be! for now, all i can tell you is to watch for that $69s gap to get filled- if swks goes lower than support of $75 in the coming weeks.
sorry i can't be more definitive than this guys! but this is all i can tell you regarding the chart info i'm watching. oh i can tell you that swks is oversold right now- but it can still get more oversold (it has room to do so on the chart) before a meaningful up move comes in.
i would just wait to buy- wait til you see it start moving up- then jump in- BUT put in a stop loss because the up move might just end up being a bear flag being done- so, protect your buys guys! once an uptrend resumes again for swks, then you don't need to be as cautious with your stops or in selling the ralllies on the up moves- you can buy & hold at that point for a few months once the uptrend resumes again!
thank you so much long!! i appreciate that! yes, not one person looking from the outside in, would have known this man was worth as much as he was- he even got deals from his dentist lol.
when people don't flaunt what they have, then people don't really have a clue of what others have in wealth. but family and very close friends normally know. my brother was the recipient of half his estate- yet no one would know my brother was already a millionaire in his own right- prior to the inheritance- as my brother doesn't flaunt anything either.
people just never know about their "millionaires next door types" - so so true longbutn...!
thank you again long!
lol- lilly- you are filthy rich!! yet, youre still here- just like the rest of us ;)
speaking of stereotypes though or people's "beliefs" in things (re your comment lilly), i will say that a very close family friend just recently passed away - in july- and he was worth over $20 million! yet, he never traveled anywhere since he retired 15 yrs ago- and he didn't sip margaritas either lol- and his house was only 2600 sq ft - he was unmarried and no kids- drove a honda and a ford truck- never owned an expensive brand of car - except his nissan 340 zx. so, it's funny how some people's "beliefs" on things can just be so wrong ;)
yes- spx might get to 1940s after all today!
it's still on a buy signal on daily chart- that hasn't negated or changed.
it's funny to me that certain id's on this board keep writing things to me when i've told these id's already that i placed them on ignore- like 2 months ago for the person below! so why would he think i'd be replying or even reading his posts if i've already told that person he's on ignore?! people really can be odd ducks!
thank you very much dilbert for your explanation! what is a leg though? do you mean 1 contract? (so, 100 shares).
as the trade cost you nothing though, then is your risk nothing? you wrote you'd be risking $60 to make $40- but if you did a net neutral trade that cost you nothing, then wouldn't your risk be nothing? to make $40?
so if you make $100 per "leg" of swks is above $76, then would that mean you're making $100 per 1 contract (100 shares).?
i don't trade options (as i'm sure you can tell with my questions), but i'd like to learn how to - & don't yet quite understand these different strategies out there on options. hence my questions to you on your trade! so, thank you dilbert for helping me with this! :)
dilbert- so does that mean you bought $75 calls for $10- and then sold $76 calls for $10? if yes, then what does it mean for you "gains wise" (re both that long $75 and sell of $76) if in 2nd week of nov if swks is at $85? what does it mean for your trades if swks is at $75 and at $70 at that time?
just trying to understand what you did dilbert- and what it means for both those trades if swks is at $80s or more by mid nov.- or at $75 or less.
thanks so much dilbert! :)
hmm- interesting! thanks c.ddule. i don't think that's cheetah's name though- so he might be using a fake name on his acct. i just use initials on mine for security/ privacy reasons- so, cheetah might be doing the same :)