@Rush51 Yessir, we have all had that sort of thing happen. I have a large position in SMH and think it is positioned to continue up. In another account I have a nice position in SOXL. It is a 3X leveraged BULL Semis ETF. I have a lot of confidence in this market and all of the AI stuff going forward. I have several of the smaller and various AI related stocks.
Good for you Raiders... but please,... don't remind me of what I'm missing ! JK.
It would take a significant drop for me to back in, and I just don't see it. .. but who knows.
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Quote Originally Posted by Raiders22:
@Rush51 Yessir, we have all had that sort of thing happen. I have a large position in SMH and think it is positioned to continue up. In another account I have a nice position in SOXL. It is a 3X leveraged BULL Semis ETF. I have a lot of confidence in this market and all of the AI stuff going forward. I have several of the smaller and various AI related stocks.
Good for you Raiders... but please,... don't remind me of what I'm missing ! JK.
It would take a significant drop for me to back in, and I just don't see it. .. but who knows.
Thanks, Rush51 win some lose some. Had some great opportunities like when GE after split had 6000 shares almost bought 5 Sares BRK.A it was around 35000 to 38000 a share. But not complaining did well over all. Made most of my money in real estate 19 - 20 years old owned house & brand new duplex. Late 1970's Delaware Cash Fund was paying 18 to 19%. another home run. Enough about me, funeral director wants me to write book about our Neiborhood. Talk later hope you & Raiders22 much success & happy holidays, BLESSED ONES !!!
Good stuff, artdb.. this business is full of missed opportunities, but it sounds like the 3 of us can focus on the more that we've gotten right.
I'm a big believer in index fund investing and the "buy and hold " mantra, but for the 10% I like to invest in stocks/ETFs, they have also done well.
Merry Christmas to you !
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Quote Originally Posted by artdb:
Thanks, Rush51 win some lose some. Had some great opportunities like when GE after split had 6000 shares almost bought 5 Sares BRK.A it was around 35000 to 38000 a share. But not complaining did well over all. Made most of my money in real estate 19 - 20 years old owned house & brand new duplex. Late 1970's Delaware Cash Fund was paying 18 to 19%. another home run. Enough about me, funeral director wants me to write book about our Neiborhood. Talk later hope you & Raiders22 much success & happy holidays, BLESSED ONES !!!
Good stuff, artdb.. this business is full of missed opportunities, but it sounds like the 3 of us can focus on the more that we've gotten right.
I'm a big believer in index fund investing and the "buy and hold " mantra, but for the 10% I like to invest in stocks/ETFs, they have also done well.
I think it is still the plan. Nothing has changed for you.
"Plan the trade and then trade the plan."
I am thinking there will be a drop at some point in NVDA . So, maybe AVGO does as well. But in the meantime you had a great JUMP in AVGO and it might still make a move back to 250 or even 280ish range. So, there is a good chance your plan is still correct and NVDA may bottom out between now and sometime in JAN.
But if you are worried about 'losing' some of those great profits you just made, just put a trailing stop in place and lock them in.
Another thing, depending on your tax situation, at least you will not have to worry about those profits this tax year.
You cannot regret every 'missed' play or 'mis-timed' play.
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@artdb
I think it is still the plan. Nothing has changed for you.
"Plan the trade and then trade the plan."
I am thinking there will be a drop at some point in NVDA . So, maybe AVGO does as well. But in the meantime you had a great JUMP in AVGO and it might still make a move back to 250 or even 280ish range. So, there is a good chance your plan is still correct and NVDA may bottom out between now and sometime in JAN.
But if you are worried about 'losing' some of those great profits you just made, just put a trailing stop in place and lock them in.
Another thing, depending on your tax situation, at least you will not have to worry about those profits this tax year.
You cannot regret every 'missed' play or 'mis-timed' play.
It's still got a long way to go to reach that $14.75 target price !
Ford had a good day today, along with most of the market. The tarriff threat from Trump is still a big wildcard with sub-assembly and finished product vehicles made in Mexico. But I also noted in Trump's inauguration speech that he is rolling back EV mandates, etc, and I would assume EPA standards. This is good for auto companies, and allows them to build product per consumer demand, and not some arbitrarily high, stupid EPA efficiency standard (which effects "the type of" vehicles made, regardless of demand). The ridiculous EPA standards put in place by DEMs are simply a back end way of forcing auto companies to phase out gas powered vehicles over time , regardless of how popular they might be ! NO!! Power to the will of the people and their choices !
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Thanks, artdb.....
It's still got a long way to go to reach that $14.75 target price !
Ford had a good day today, along with most of the market. The tarriff threat from Trump is still a big wildcard with sub-assembly and finished product vehicles made in Mexico. But I also noted in Trump's inauguration speech that he is rolling back EV mandates, etc, and I would assume EPA standards. This is good for auto companies, and allows them to build product per consumer demand, and not some arbitrarily high, stupid EPA efficiency standard (which effects "the type of" vehicles made, regardless of demand). The ridiculous EPA standards put in place by DEMs are simply a back end way of forcing auto companies to phase out gas powered vehicles over time , regardless of how popular they might be ! NO!! Power to the will of the people and their choices !
I am up a tad over 7% now. I started to add to the position when it dipped back to where I bought in at. It did that twice since the start of the year.
I feel very good from just the charts, that if it can clear 11.30-11.40 and hold it, that it will be clear sailing until 12.30 or so.
Then 13.50 should be easy to reach.
I also looked at some Sept calls at the $10 strike. If they dip below 1 again, I will probably get some of those as well.
@Rush51
Very glad you pointed this stock out to me.
Not a lot of analysts have stellar reviews on it. But they are not too negative either.
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@artdb
Thanks.
I am up a tad over 7% now. I started to add to the position when it dipped back to where I bought in at. It did that twice since the start of the year.
I feel very good from just the charts, that if it can clear 11.30-11.40 and hold it, that it will be clear sailing until 12.30 or so.
Then 13.50 should be easy to reach.
I also looked at some Sept calls at the $10 strike. If they dip below 1 again, I will probably get some of those as well.
@Rush51
Very glad you pointed this stock out to me.
Not a lot of analysts have stellar reviews on it. But they are not too negative either.
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