oh, my, good thing you didn't sell when it was overbght at 34.50 2 months ago, what a moron
the 2 most recent times mu hit 20, the charts showed short term overbght on the Williams r just as that indicator marked short term peaks all year, on the latest pop, the rsi also hit 50, often an overbght condition for a stock already in a bear market.
nevertheless, not a good idea to short a stock subject to a possible buy out offer at any time
suggest you look at a chart of qjgc for an example of an oversold stock that popped 10 percent, then gave that and 20 percent more back, down almost 50 percent in a bit more than a month.
think i'll stick with what I have. current laptop less than 1 year old and a vast improvement over what I had.
amat was 26 in 2004, has never made it back there, currently low 17's after hitting 25,90's
intc 34 in 2004, currently under 29 after taking over 10 years to reach and pass 34 albeit briefly
there is no such thing as a good long term chip stock
barring a merger Monday, seems my day trade sell of mu on Thursday in the high 19's was fortuitous, something didn't seem right with the 19.40's premarket gap down.
woah is me, the tqqq is still less than when I sold it over 127 a share,and, barring a buyout Monday, mu far less than any of my 6 profitable sell points
actually, he's been too embarrassed to post here, but he's been posting supposed adds of mu on the intc board, and mucking things up as usual
he as in wallisweaver
poor wally, all the new buying he supposedly did after the collapse on earnings and he failed to protect the pop above 20.00.
you lost 2.00 in 2 days, and are an absolute moron assuming shorts never cover
your money management skills are deplorable
19.44, 18.73, 17.40, 17.40, 18, 18.20, average 18.20 excluding commissions, and excluding shares from rarified air at a minimum of 26.00 estimates
stock soars from 18.20 to 20.50 in 1 day and 1 hour, waldo lets 2.00 disappear, adds more 18.90, 1.00 off the close, why no selling/self protection at least from 20 on down? new avg, 18.295 excluding commissions and the shares from rarified air.
oh well, it's only money, and at least intc is close to 29
so how much are you down on those pre earning mu shares, you know where you were laughing at any shorts who didn't cover at 23.70 a share.
and you just gave up about 2.00 a share
because he's a pompous self righteous self proclaimed know it all who thinks he's a tech genius
he loved mu so much, he laughed at those who didn;t cover at 23.70, was laughing again on earnings at 24.00, an hour later calling it a buy at 21.00, then at 19.44 saying he was just starting to build a position.
in addition to being pompous, a hypocrite,
likely very underwater this year, and apparently no more money to buy and average down. my average down on poo poo mu was based on 2 things, profits already realized, and a lower priced buy back, ie actual trades which require 2 things, buying, and selling
the profits he gave up this year may never be seen again, letting a profitable buy turn into a loss, that's inexcusable.
he should be selling intc, taking his losses on his underwater buys all year and placing the proceeds in poo poo mu. the profit taking yesterday, which he never done at anytime above 20, was on light volume.
since he wished he had more money to buy more, his intc account must look deplorable
and you're still underwater on poo poo mu with 6 adds, amazing. also down on Intc and having a terrible year.
the qqq's are less than 2 percent from all time highs, the market is far closer to a top than a menaingful bottom, but of course you expect intc to outperform. there however is no reason to believe that the high for INTC of 37.90 may have been the high for years to come, topping well before the markets did just like what occurred in 2004 for INTC with the markets, sans semis, not peaking until 3 years later.
Poor Waldo, oblivious to the fact that INTC has been making lower highs and lower lows since the end of May when this was overbght way up there at 34.50.