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The average investor is very bullish and piling in


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#21 pdx5

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Posted 03 February 2023 - 03:18 PM

Carvana has gone from 4.63 on Jan 2, 2023 to 14.30 current price today. That is 208%  gain in 34 calendar days.

Only reason I post this is because these are purely speculative/gambling trades. No one will bet the farm on a stock like this.

Personally I would not bet more than 200 shares on a stock like this. I apologize for posting this meaningless tidbit info.


Edited by pdx5, 03 February 2023 - 03:20 PM.

"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#22 skott

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Posted 03 February 2023 - 03:30 PM

Carvana has gone from 4.63 on Jan 2, 2023 to 14.30 current price today. That is 208%  gain in 34 calendar days.

Only reason I post this is because these are purely speculative/gambling trades. No one will bet the farm on a stock like this.

Personally I would not bet more than 200 shares on a stock like this. I apologize for posting this meaningless tidbit info.

 

Don't apologize, I think it's relevant. Stocks do things like that esp during a bear market. When do most 20% quick rallies occur? during bear markets. so many ppl pile in thinking the bear is over and the shorts do a panic cover



#23 skott

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Posted 03 February 2023 - 03:35 PM

on a big down day like this the VIX is down and at 18.50  This is incredible complacency or it has something to do with the new valuation they do each week instead of each month. something is going on here and I don't know what it is.



#24 skott

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Posted 03 February 2023 - 03:39 PM

Will XLE break down out of that long bear flag? 82.50 is important support level.



#25 skott

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Posted 03 February 2023 - 04:00 PM

FWIW, the Motorola Chairman and CEO sold $2.5million of his stock on Dec 13.  There have only been sales from now going back to August. Now buys or sells in Jan 2023.  I do have to cover some of these shorts. Short position is too large.



#26 skott

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Posted 03 February 2023 - 06:14 PM

Where is semibizz? Im trying to track down the folks thst used to be here years ago. I see he posted last on oct 22 about the whole world being dark or something to that effect 



#27 da_cheif

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Posted 03 February 2023 - 10:00 PM

Where is semibizz? Im trying to track down the folks thst used to be here years ago. I see he posted last on oct 22 about the whole world being dark or something to that effect 

bull markets send bears looking for new lines of endeavor



#28 pdx5

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Posted 04 February 2023 - 11:22 AM

 

Where is semibizz? Im trying to track down the folks thst used to be here years ago. I see he posted last on oct 22 about the whole world being dark or something to that effect 

bull markets send bears looking for new lines of endeavor

 

Yes, and bear markets send perma-bulls into hibernation.

 


Edited by pdx5, 04 February 2023 - 11:23 AM.

"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#29 da_cheif

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Posted 04 February 2023 - 12:26 PM

 

 

Where is semibizz? Im trying to track down the folks thst used to be here years ago. I see he posted last on oct 22 about the whole world being dark or something to that effect 

bull markets send bears looking for new lines of endeavor

 

Yes, and bear markets send perma-bulls into hibernation.

 

 

there has never been a bear market just breathig excercises in a monster bull market.....   https://www.tradingv...com/x/WkwgWihE/



#30 skott

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Posted 04 February 2023 - 01:11 PM

2000 to 2002 was quite a breather that took about  20yrs for qqq to recover