Stock Market Investing

Well, last week was a bit of a bust. I sat it out in cash for the most part because there seemed to be no clear direction one way or another. Anyone have an idea which way the market will go this week? If I had to bet, I think the fed will be pumping $$$'s into the market and we will see it go up a bit, but that is just me trying to choose one way or another.

Originally Posted by t00nces2

Well, last week was a bit of a bust. I sat it out in cash for the most part because there seemed to be no clear direction one way or another. Anyone have an idea which way the market will go this week? If I had to bet, I think the fed will be pumping $$$'s into the market and we will see it go up a bit, but that is just me trying to choose one way or another.

I know, 100% for sure, that the market will either go up or down next week. Or it may stay the same.....

"no clear direction one way or another". I absolutely hate this statement. If it was a clear way, everybody would be in the market and nobody would work. YOU DON'T WANT IT TO BE CLEAR!!!! Just like your scrap accounts, you don't want people to know the end result. Just like saying 10% is what should be expected from the market. So many people like to brag about big returns... until you read all the numbers.

And as a side note, if any of you guys are part of the FaceBook scrapmetal page, quit bragging about 1000 dollar loads. All you do is hurt yourself by showing proof "that worthless junk" is worth much more. Such a big pet peeve of mine.

I have noticed that every response to the thread you insult or diminish another poster or you talk down or act like you are so far above anyone else. You have not contributed one positive comment or one positive insight....

Originally Posted by IamTheGreatest

I hate to be the bearer of bad news.... but if his system was so good why would he need your 50 bucks? And that is way too much money, it should be 50 a year. Not per month. Motley Fool is only 200 a year.

Since this is the second time around you're just throwing good money after bad, I can see the one thing you're not doing that's free. Research. You'd be better off throwing that 50 a month at the stock market on different options, and seeing how they pan out.

Slow and steady wins the race. You DO NOT WANT RETURNS OVER 10 PERCENT.

So you know way more and no one else could have a system that could help others.

Originally Posted by IamTheGreatest

Odd that you are steering clear of 5 dollar and under stocks. 6 weeks ago Ford was under 5 dollars.

All my stocks I bought this cycle of 6 weeks were all under 5 bucks. I just looked now, 73 % return. (unrealized). Most will disappear. Out of 9 stocks, I've got one that isn't hitting. I didn't take a course. I just throw money at stuff and see what happens. Luck? Maybe. But I read a lot. And in this day and age, every broker has an app that lets you do a heck of a lot. In another thread, we had talked about ABB. And that is coming along nicely. But there wasn't enough risk in that for me.

Originally Posted by IamTheGreatest

Usually volume doesn't mean safety. It means people bailing, in my opinion.

I tell others how I am narrowing down the stocks I buy that has helped me, and you know more and I am short sighted for using this parameter.

Originally Posted by IamTheGreatest

NE and OAS are pump and dumps. This is why you don't subscribe to private newsletters.

Two stocks I found on a list of stocks reporting earnings, and you just happen to know they are listed on stock news letters and are "pump and dumps,"

Originally Posted by IamTheGreatest

How did NE and OAS turn out? I hope you got in before the spike, just to watch it fall today.

Shatenfraud anyone? I mentioned two stocks I found that my charts said were in an uptrend, and you seem to take glee in hoping that someone lost money.

Originally Posted by IamTheGreatest

GE is a day late and a dollar short. They have very little of their original core business. Problems with CEO's in the past haven't helped. The reason it looked so good for so long was what they had in assets. Now that they've sold most of it off in the past 4 or so years, it made the P and L sheet look good, but they have no assets left, and they are picking up crumbs. It would be a crap shoot, but what I've read and seen is that it's a 2 dollar stock in the long term once everything corrects. I hope I'm wrong, GE has been arouind forever, but what do they really have left?

GE? No, the equity savant says GE is no good.

Originally Posted by IamTheGreatest

GE's military contracts aren't that big. They were making more money off the locomotive division. Granted, they still partly own that...

Not all retail went down hill with the virus. DG actually hit new highs during it.

Another member says he would take GE over M, and you poo poo his comment. I must have missed where you pointed out that DG was set to gain ahead of time.

Originally Posted by IamTheGreatest

"no clear direction one way or another". I absolutely hate this statement. If it was a clear way, everybody would be in the market and nobody would work. YOU DON'T WANT IT TO BE CLEAR!!!! Just like your scrap accounts, you don't want people to know the end result. Just like saying 10% is what should be expected from the market. So many people like to brag about big returns... until you read all the numbers.

And as a side note, if any of you guys are part of the FaceBook scrapmetal page, quit bragging about 1000 dollar loads. All you do is hurt yourself by showing proof "that worthless junk" is worth much more. Such a big pet peeve of mine.

A few weeks back, even someone who talks down to others could predict stacks were in an uptrend and could be counted on to go up. A couple weeks before that, one could clearly see the market crashing for a couple week. People crow about a good take to the yard, you are so much more enlightened

I see no original thought from you , just criticism of others. I may not be the best ever at picking stocks, but I would love like heck to buy you at what I think you're worth and turn around and sell you for what you think you're worth.