***Official*** 2012 Stock Market Thread

[Imp]

How do you figure for C to drop another 10 points?

EDIT: never mind though it was in the 30s.

I might have to jump into nVidia if they drop any further. I'll wait to see what it does tomorrow. 13.50 was what I was waiting for.

It's in the $28s right now. Since August, C has had no trouble trading between $24.50 and $32. I banked a 15%-ish rally about 2 months ago. Last time it hit $24.50, I was hoping it'd fall through and go lower, and put zippo in. Big mistake because <$25 was my 'all in' price. I'll throw a chunk in if it gets near $25 again - they "only" made >$1.5 billion last quarter, omfg.

 

[hiromizu]

here's to hope for a new buying opportunity

 

[IHateMyJob2004]

here's to hope for a new buying opportunity

Warning of euroean growth slump

And premarket is up. I guess due to us dollar strength?

 

[FelixDeCat]

My prediction for 2012:

Apple files for bankruptcy when America decides to block all Chinese imports.

 

[Imp]

Yay! I was right for the first time in weeks... TGT down about ~1.5%. Jumping back in once (if?) it touches the low $48 again.

Market: where the hell is the pullback? So not buying in big at this point.

 

[IHateMyJob2004]

I am also eyeing TGT.

 

[zimu]

I sold usg prematurely This things on fire!

 

[zimu]

Anyone strike it rich with AMSC?

 

[hiromizu]

liquidationized. I hope I can say let's watch the market tumble now

 

[Noirish]

the market is up 7-8% for a month now, still waiting for the big sell off...

 

[KB]

Yay! I was right for the first time in weeks... TGT down about ~1.5%. Jumping back in once (if?) it touches the low $48 again.

Market: where the hell is the pullback? So not buying in big at this point.

Yeah if it can fall below $48 I can get in on that.

I sold usg prematurely This things on fire!

Not sure why that stock is even $5. They haven't had positive EPS since 2007. Is it all on speculation the house market will improve?

 

[IHateMyJob2004]

USG keeps shooting the moon.

 

[Imp]

This is out of hand... It's more or less been rallying for a month straight now with only one or two days of pullback.

Last year, I got impatient and bought in around January when it was doing the exact same (post-Christmas rally). Then we had a few bouts of civil unrest and a major earthquake, rampant oil speculation, and then a few meltdowns.

I get some hope from the fact that the market stayed high for about a month through October/November then took a dump again. Come on...

 

[Kntx]

Lol, I can't believe all the posts wishing for the market to go down!

 

[hiromizu]

Lol, I can't believe all the posts wishing for the market to go down!

we're all enlightened by Alessio Rastani

 

[JEDI]

market's up.
good in that all my spare cash is in stocks.

bad in that i sold out of margins last week.
QQQ and SPY. Sigh..

 

[Cattlegod]

I still have some in but have been selling into this rally every day

 

[JEDI]

I still have some in but have been selling into this rally every day

why sell?

set up a stop loss

 

[SSSnail]

Not a stop loss, but a trailing stop.

 

[IHateMyJob2004]

Still at 40% cash. Hoping for a pullback in WFC.

I re-reviewed USG. I still think it is worth in the high teens. If it gets to $19+ I am selling.

 

[IHateMyJob2004]

Maybe a pull back is coming?

http://www.gurufocus.com/news/158606/nouriel-roubini-dont-believe-the-good-news

 

[Imp]

Maybe it'll stop start the meltdown in late January. Need the post-holidays job report to give it a kick...

 

[hiromizu]

Whenever I feel that I've made quite a bit and get greedy, I get slammed. This feels like that tipping point so I sold out..at least on the biggest positions that I felt didn't make anymore sense to hold. Also VIX is getting down there too. Let's see what happens in the next few days, weeks.

 

[JTsyo]

Not a stop loss, but a trailing stop.

If you set a stop that's higher than the current price will it wait to go over and then come back down or just sell right away?

 

[Pliablemoose]

Cramer told people to sell Apple @ $377 now he's telling them to buy @ $430.

#Why I stopped watching Cramer...

BTW, we're 1/2 way through the 20 point bump in Apple prior to earnings At least 10 more points left in it...