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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.
[Reply]
lewdog 07:27 AM 12-11-2021
Originally Posted by Buehler445:
I know. I just have to fling you shit.

BTW why are you awake? Aren’t you in pacific time?
Mountain time now since AZ doesn't do daylight savings time. We spend half the year in each time zone. I got up at 4:30 to go to the gym.
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Buehler445 07:30 AM 12-11-2021
Originally Posted by lewdog:
Mountain time now since AZ doesn't do daylight savings time. We spend half the year in each time zone. I got up at 4:30 to go to the gym.
Hell I forgot about the mountain time thing.

Good on you for the 4:30 gym business.
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lewdog 07:35 AM 12-11-2021
Originally Posted by Buehler445:
Hell I forgot about the mountain time thing.

Good on you for the 4:30 gym business.
4 days a week I do that. I don't always feel like getting up but I always enjoy the feeling of working out once I start. I hope I never lose that.

Back to investing. The choppiness of the market makes setups hard to find because with long candles, both green and red, technical entries present with large risk as far as the difference between entry point and where a stop loss would be set.

Some sideways movement, similar to Friday, would be good for the early part of next week as far as traders are concerned. You would see some more consolidated candles and better entries. Most I got invested this week on trades was 30% but I was back to cash quickly and I only took 5 trades all week given the tough conditions. Sit out power is the toughest thing but persevering capital to use for a larger runup is key to super performance.
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Buehler445 07:45 AM 12-11-2021
Originally Posted by lewdog:
4 days a week I do that. I don't always feel like getting up but I always enjoy the feeling of working out once I start. I hope I never lose that.

Back to investing. The choppiness of the market makes setups hard to find because with long candles, both green and red, technical entries present with large risk as far as the difference between entry point and where a stop loss would be set.

Some sideways movement, similar to Friday, would be good for the early part of next week as far as traders are concerned. You would see some more consolidated candles and better entries. Most I got invested this week on trades was 30% but I was back to cash quickly and I only took 5 trades all week given the tough conditions. Sit out power is the toughest thing but persevering capital to use for a larger runup is key to super performance.
Agreed, largely. I haven't looked at a stock chart in awhile, so I don't know what's happening, but the grains have been choppy as all hell. I'd agree that choppiness will wash fools and out and sometimes sitting out is the best strategy for a short-intermediate term investors. I got my ass beat like a bass drum back in 2019 on some corn hedges where I tried to be a fucking wiseguy and thought I knew what was coming.

I got murdered. At scale.
[Reply]
Hog's Gone Fishin 09:55 AM 12-11-2021
Originally Posted by Rain Man:
Do people refer to you as a genius or a savant? I want to be sure I'm addressing you correctly.
https://youtu.be/ni3AuwlG6dA
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Over Yonder 05:08 PM 12-12-2021
I haven't went through this whole thread so maybe this has been discussed. But I recently found out my company 401k offers the Roth option so I switched my contributions from this point on.

When I called and switched that, I asked the guy if my plan allows for in service distributions. He said he thinks so and is mailing me something to look at. He said he thinks I can switch ALL pre-tax money to Roth (of course, I know this will be a taxable event)

My general question is, does anybody here have any info as to if that's correct? I know that if the company offers in service distributions, I can do my contributions, but I can't find any info on company match and interest/dividend money.

Any help would be appreciated.
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Stewie 05:25 PM 12-12-2021
Through November the amount of stock sold by company insiders (CEOs et al) set a record by a huge amount. And it's only November. December is the traditional month for selling by insiders.

Smart people with information sell, stupid people buy.
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lewdog 08:52 AM 12-13-2021
Is AMC a buy yet?!?!?
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lewdog 10:56 AM 12-13-2021
Originally Posted by lewdog:
Is AMC a buy yet?!?!?
What about now?!?!?!? Down another 10% from my prior post.
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DaFace 10:57 AM 12-13-2021
Originally Posted by lewdog:
What about now?!?!?!? Down another 10% from my prior post.
It's definitely getting into more interesting territory, that's for sure.
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scho63 12:48 PM 12-13-2021
AMC STOCK BE LIKE.............



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myselff77 01:49 PM 12-13-2021
Originally Posted by lewdog:
Best book I’ve ever read.

Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard
How's it compare to his prior book, "Trade Like a Stock Market Wizard"?
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Hog's Gone Fishin 03:01 PM 12-13-2021
Originally Posted by lewdog:
What about now?!?!?!? Down another 10% from my prior post.
Can you imagine if it can get down below $10 how much volume will pour in??? The float will be bought 10 times over again.
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Hog's Gone Fishin 03:08 PM 12-13-2021
AXXA on watchlist
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Buehler445 04:30 PM 12-13-2021
Originally Posted by scho63:
AMC STOCK BE LIKE.............


I’ll take credit. Everything went to shit after I responded to Hog Farmer. :-) :-)
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