Apache Corp. Message Board
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A nice big drop after it finally breaks the 50DMA?
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That's why I say it. ;)
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Lock in your profits quick!! ;)
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MM is having to create demand so it won't go straight to $9!
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Ok ok, I understand but I deal with someone like this almost daily who is trying to learn what is happening and the pre-market fluctuations trip her out before the market has even started to the point of chain smoking hahaha. It is the funniest thing to see. So I throw her in the pool to teach her to swim. You must conquer all of these emotions to make money plain and simple. The fittest will survive (mentally) in my opinion.. There is no room here for coddling and petting. It is brutal and unforgiving.
Same reason as to why our school system is pathetic. Private schools, how everyone is petted and coaxed, dependent upon family donations! Hahaha and then we get guys like Bush as a President and Geithner as Treasury!
In China and Pakistan it is the mentality to beat and degrade you when you fail. Much more effective in my opinion. ;) Same with trading! -
They are doing pirouettes and little twirlies. Looking beautiful while they dance down the stairs! A much better short play than buying VXX!!
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At least give yourself a chance and scale in this order over atleast a 15% range. That is the assumption. Its moves are pretty large. Use this to your advantage.
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Guys it is common sense here irrespective of the company itself that when we do have a 100 or 200 point down day this is going to get killed. People are positioning in names like this for that eventuality. That is all I am saying to you. Buy it cheaper if you love it so much...probably in the high $60's you could begin a purchase down to the 50's.
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Possibly 11's? ;)
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In petting the week kneed but your BBRY bet will be fine. I put my money where my mouth is and have over 90k shares myself. To get into the reasons why is simply pointless for here on the boards. I am simply betting on it going higher into earnings. That's all you get.
I could go to $0 though. ;) - Reply to
Be patient, longs. BBRY poised to dominate mobile again. Ignore desperate bashers.
by just_observing_2011 •Feb 20, 2013 9:48 AMUmmm I would say dominate is rather a harsh term. A little exxagerated. It may go higher but not much more than the value of Motorola Mobility (which is coming down in value every day too :( )
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Ever stop to thing how vulnerable Apple's $133 Billion in cash is to currency fluctuations especially when the US dollar is strengthening and Apple's cash sits in majority other vehicles other than US Dollars?
The cash is an achilles heal in the right scenario. Who would have though! ;) - Reply to
Wes what is the % chance this gets back to 25 now?
by golftheband_onemanshow •Feb 20, 2013 10:52 AM$25 is a pretty large percentage gain. You would have to have VIX trade for a day between 16 and 18. It would be fast and you would definitely take your profits!
Anything could happen I guess you could say. Probability in my opinion 15% chance from this level. Maybe 20% chance. 4 in 5 chance to lose ;) But never say never. -
I like the BBRY setup occuring to the long side right now. Short VXX right now is balsy! but you do not have any of those so you are good. But I simply can't bring myself to begin my short yet....Can't buy though either that is just waste and now I am too busy to play around hehe.
I like my APA and AAPL short. They seem to be better than buying VXX! -
Welp, I have done my public service and posted every single trade from short $77 to $86. Now I will cover from $69 to $59 hopefully....
You can change an idea, it is very hard to change a belief - and somewhat costly. - Reply to
Wes what is the % chance this gets back to 25 now?
by golftheband_onemanshow •Feb 20, 2013 10:52 AMI'd guess by 2016-2020 maybe yes....that is a looong way away and all things being equal! Since currencies do not float any longer and are controlled by 20 people all bets are off!
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Drip ,drip drip...that is the sound of inevitability! ;)
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You will die to see it!
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First time in 7 months. Ominous sign. Ending at the lows of the day. Rest in peace. Fundamentals were broke and now techinicals "may" be broke. Nothing left to go by if that happens. The computers will sell and so will the smart money.
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Particularly strong. I have witnessed to many days at 3:30 where it heads lower then negative then really neagtive hehehe!