Cash out move to Thailand and live like a king.
Why? Was that TSLA makes you unhappy? You are the only one holding strong portfolio. You are principled investor. If you sell now, you will end up paying huge tax. IMO, better to stay course, esp AAPL, FB, TSLA (even now it is good with original price point of view)…
I was scared about this kind of volatility and coming out keeping in cash.
Why Thailand? He is doing great here in SFO !
Was a moment of weakness. I was just sick of all the crap and baggage I’ve been carrying with me. But no I will not exit the market… carrying on as usual…
Why not? You know you want to.
Help!!! I’ve been attacked by the devil!!!
He is doing great, even with TSLA. When I bought 600 shares of TSLA at $41, many of my friends asked me to sell it as soon as it reached $98. I should have kept it, but sold around $128. I was not so much educated at that time.
This time, I had actually placed limit order at $299, but later cancelled it as I am not comfortable with current market condition, but long on TSLA. For a shorter time, appx 1 year, likely TSLA may go down, but this company has long life for next 10-15 years. I will buy TSLA at deep dip when it comes down.
Whatever I am doing or most of the others doing are speculative, but wuqijun’s is real investment model like the one Warren Holds for long.
The only difference is warren buffet is calculative, but wuqijun is following industry celebrities !
Your thinking change every month
The market is much more volatile in 2018 than 2017:
The Dow and S&P 500 have already doubled the number of 1% moves seen in all of 2017
Thus far this year, the Dow Jones Industrial Average DJIA, +1.07% has had 11 sessions when it rose by at least 1%, including Monday, in addition to another 13 where it fell by at least that much, counting Tuesday. While swings of that magnitude are hardly uncommon on Wall Street, they represent a profound change from the trading environment of 2017, when there were only 10 such sessions — in both directions — seen over the course of the year.
In other words, the number of sessions with a 1% move so far in 2018 are more than double 2017’s tally, and it isn’t even April.
But surprisingly the net movement is not that much. S&P is down 2.66% YTD. Nasdaq is essentially flat: down 0.03%.
True, when I analyzed first time, it was correct. But, later I believed wrongly (after all, I am also human, not machine right !) market has changed. Now, I understand my original thought/analysis are correct.
Here is the info. I calculated Dec end that stocks will go up in Jan to peak, it went. I sold on Jan 20-Feb Th. There after, it supposed to go down to reflect FED balance sheet reduction and rate hike impact. Market was going back, but eventually came down until yesterday.
Now, the results month will start, companies may go up or down depending on results. This will again swing back to low during / after the next rate hike in Jun 2018. This cycle will continue as usual, and ultimately all stocks will come down until FED stops rate hike.
At that time, lay offs may start to recover company bottom line…etc. I do not think we will get back down to 26500 any more.
This is all my guess work, I am right 50% and wrong 50%. Regarding BA-RE Crazy (sunnyvale) bids will go off, crazy BA bids go off.
Hereafter no change, at least one year. I sold all my stocks yesterday and today.
Sell in May and go away. I buy for the long term.
Never sell. Could be a wild ride this year. But there should be some great buying opportunities.
There’s a fine line in the way I do my business. Never tell anybody what I’m doing, nor, predict or try to tell others how to make a living or succeed on something you, only you have understood or learned by your own.
Trying to suggest a better way to do business is a poison pill on this forum. Most of readers are into something they believe is the last thing on earth. They are doing fine, why changing?
Right now, this minute, I can go to any company of < 50 employees, or >50 offer them a pension plan with no cost to either an employer or employee, and that minute, if they like it, which is likeable, I can retire to live with the residuals because I am not greedy and live a simple life.
By being here commenting, LOL…I am not gonna make it!
All I need is to go out there and offer, right?
Like buying, keeping or reselling a property. There are many ways to make a living, way one too many.
The punishment never let up since that fateful day in February. Account now down 13% YTD.
Big picture has not changed. Guess you have added a lot more recently.
If it drops to BTFD price, would buy UPRO or SPXL
BTFD? Or STFR?
That’s the million dollar question that I’ve asked previously. At present, I presume wave 4 has not completed, obviously it means wave 5 is not completed. Hence should BTFD at BTFD price. If you think wave 5 has completed, should be STFR.
Slight screwup in labelling. wave i, ii, iii, iv… on below chart is identical to the wave 1, 2, 3, 4… in red of previous chart.
Now, I clearly understand the EWT you are showing ! Kudos !!
Your view based on Fed actions and political assessment is equivalent to wave 5 has completed. Completion of wave 5 would mean the retracement would be minimally to the blue wave 4.ii on the above chart, about 2000. From experience, it usually retraces all the way to wave 2 in blue, about 1100… yes, that bad.
First, where did you learn this EWT?
IMO, wave 5 will not even reach wave 4 (Jan 26-29th, 2018) peak, but die down below that peak. The time frame for next wave peak is between now and next 15 months (5 qtr) max.
The slide already started, but any one selling at today’s DIP is not correct, it will hurt them as today Dip is DEEP.
They have to wait for uptime and sell it when profitable (if they like to get out).
Those who sold already, like me, should not buy thinking it is dipped already.
This is my own guess.