Thread: A couple I like right now...

Bought AAPL at 352.80.

nice will be looking out for this thread tom

You may be better off shorting anything I say I like. I'm down 1% already.

Originally Posted by tsptalk

You may be better off shorting anything I say I like. I'm down 1% already.

hahahah no worries, 1% for 10% is a fair trade off

Originally Posted by tsptalk

Bought AAPL at 352.80.

I don't have that kind of cash lying around so it looks like I might have to live with LVLT...

Originally Posted by RealMoneyIssues

I don't have that kind of cash lying around so it looks like I might have to live with LVLT...

haha i'm with you on that

Mr. Talk, are you looking at these as a short, medium, or long term investment? Do you have price goals for them?

Ok, so I am trying to steal information from you, but I was curious as all my stock trades up to this point have been mainly on "feelings" with no goals (or ignored goals)... haven't done great to this point...

LVLT doesn't look like it's going to fill the gap... thoughts?

Edit: Actually, I noticed that it got down to a close at 1.54 on the 29th... still learning to read the candle charts...

So far I've missed this one, but it does tend to give a lot of "false moves". This could be one.

I can still envision it filling the gap near 1.50 and hitting the 50-day EMA at the same time. If you look at the chart (see 1st post) you'll see that back in November it took over a month to fill the open gap. I hope I doesn't take that long this time, but that would probably the safest place to buy.

Otherwise I will probably wait to see if it can breakout above 1.80.

Originally Posted by RealMoneyIssues

Mr. Talk, are you looking at these as a short, medium, or long term investment? Do you have price goals for them?

I go into these trades with the intend of sticking it out for a nice trend trade (maybe weeks to months), as long as the positive trend continues. But I can easily be spooked out quickly if it goes against me right away. I will also take profits if I see them hit resistance.

Looks like LVLT is going to take off without me. I guess I will have to play the breakout in the 1.75 - 1.80 area. 2.10 could be the next target.

Apple has been doing nothing - and this is the one I jumped in that day I started this thread. It does look like it is coiling up for a big move, however. Currently ~ 347.

(fyi, I also own CMG and CAT, which I like, and trading 2 silver ETF's)