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Nzoner's Game Room>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
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Hammock Parties 11:17 AM 11-30-2021
Bought 62 shares of AMC at 33.28.

Let's fucking ride.
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petegz28 11:24 AM 11-30-2021
Big correction may be at hand. Too many bad stars alinging..

1. Omicron scare
2. Inflation
3. Tax loss selling season
4. Fed looking to continue if not speed up tappering
5. Biden spending too much $ at the wrong time
6. Supply chain issues taking too long to clear up


The last 3 days already wiped out the lasst 4 weeks of gains.....

Hold onto your beers cause water is going to get rough in the coming weeks
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scho63 11:38 AM 11-30-2021
Originally Posted by scho63:
I would be surprised if this is a one-and-done sell off.
No surprises.....

Hope this market doesn't roll over.
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petegz28 11:41 AM 11-30-2021
Originally Posted by scho63:
No surprises.....

Hope this market doesn't roll over.
We are coming up on the 50-day SMA for the SPY. Got a feeling we are going to smash through it and head to the 200. We broke through the 50 in September and never hit the 200. This time I think we will.
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chiefforlife 12:27 PM 11-30-2021
Originally Posted by petegz28:
We are coming up on the 50-day SMA for the SPY. Got a feeling we are going to smash through it and head to the 200. We broke through the 50 in September and never hit the 200. This time I think we will.
What does this mean?
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displacedinMN 12:28 PM 11-30-2021
Originally Posted by petegz28:
Big correction may be at hand. Too many bad stars alinging..

1. Omicron scare
2. Inflation
3. Tax loss selling season
4. Fed looking to continue if not speed up tappering
5. Biden spending too much $ at the wrong time
6. Supply chain issues taking too long to clear up


The last 3 days already wiped out the lasst 4 weeks of gains.....

Hold onto your beers cause water is going to get rough in the coming weeks
Getting killed this week.

Sent from my SM-G991U using Tapatalk
[Reply]
Buehler445 12:35 PM 11-30-2021
Originally Posted by chiefforlife:
What does this mean?
Simple Moving Average. It's a technical indicator. So a simple moving average of the last 50 days. So in an up market it will lag the market and is used in the industry as an indicator of a trend change.

Not to step on petes toes.
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lewdog 12:40 PM 11-30-2021
Originally Posted by chiefforlife:
What does this mean?
You don’t even technical?!?!?!
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chiefforlife 12:51 PM 11-30-2021
Originally Posted by lewdog:
You don’t even technical?!?!?!
Im learning on the fly here. A LOT of you guys are really good at this.
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Mr_Tomahawk 02:09 PM 11-30-2021
Originally Posted by chiefforlife:
Im learning on the fly here. A LOT of you guys are really good at this.
bUY ALL TEh amCeEES!
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Hammock Parties 02:15 PM 11-30-2021
I'm going to dump AMC as soon as it even sniffs 40, like a filthy short :-)
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lewdog 02:52 PM 11-30-2021
Agreed on everything Pete said. I’m only invested 20% currently in trading account. Won’t expose myself more until we see a possible end to this red.
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lewdog 02:54 PM 11-30-2021
Originally Posted by Hammock Parties:
I'm going to dump AMC as soon as it even sniffs 40, like a filthy short :-)
Needs to rise 17% for your sell point given current price.
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Hammock Parties 03:05 PM 11-30-2021
Originally Posted by lewdog:
Needs to rise 17% for your sell point given current price.
You're good at math! Congrats!
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Hog's Gone Fishin 05:27 PM 11-30-2021
Originally Posted by Hammock Parties:
Bought 62 shares of AMC at 33.28.

Let's ****ing ride.
Originally Posted by Hammock Parties:
I'm going to dump AMC as soon as it even sniffs 40, like a filthy short :-)
I had my buy order set at 34.50 when I left to work on a rent house this morning. Looks like it hit . Now Setting a sell order for $42

Also I dumped all 4 ARK funds I had last night and bought AAPL. I'm feeling pretty good about that move.
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