I can be Huge too

[antioch6]

I bought Sony and Grbk. Leaving them there for a year.

[jiesen]

I bought Sony and Grbk. Leaving them there for a year.

Good luck with the GRBK! Looks like a pretty good growth play, from the revenue numbers...

[antioch6]

I sold Hyfm today, to balance out the buys. Got an average price of 2.01. My guess is this thing will go to zero or at least $1.00 this year. Most of the last move was a short squeeze attempt. I feel like the only thing holding this market up is manipulation to suck people in. I've been fooled twice now, and it looks like that's the way it's gunna be from now on. So I'm trying the other side, and selling some. I wanted to sell GRPN CVNA and COIN, but couldn't get shares.

I forgot about my market timing service. If it goes to a sell, I'll sell Sony and Greenbrick.

[antioch6]

I sold Sony and Grbk when my market timing service went a sell. Wish I had held. I'm selling the russell 2000 now and playing snake.io

[jiesen]

I sold Sony and Grbk when my market timing service went a sell. Wish I had held. I'm selling the russell 2000 now and playing snake.io

I like slither.io better... they don't surround the board with ads on that one. I have to use Firefox to play it, though. It doesn't play well with Chrome.

[antioch6]

Looks like I was wrong on selling the Russell. Hate to see all my profit disappear but maybe there is more money out there than I thought. I can't believe housing stocks went up the way they did. It was almost obvious but it's still hard to believe when you see it in person.

I did my scan and am thinking both longs and shorts are working. Instead of trying to time the market, I should of just held Sony and Grbk while holding Hyfm short. The market is sort of higher but not crazy high. The P/e ratio is high but earnings haven't gotten weaker. Everyone was saying earnings would be weaker by the end of this year, and I was almost counting on it besides housing. I can't deny there is a lot of money out there, but am unsure about my ability to find the stocks it might go into. Stocks don't make much practical sense to me anymore, but they are there and I'll play the game. I started this thread picking a great stock and saying I wouldn't time the market, but some lessons from my dad's sources are stuck on me like canslim, cutting losses, waiting for a market direction, and watching the charts like the 50 day and the 200 day. Everything looks positive to me going out 20 years, but it's always looked like this since the world is always a happy and positive place in my mind.

I think I'll start over today like I always do and start picking stocks. Running my screen and updating my holdings once a month make sense. The biggest problem for me has been deciding how much to buy, and waiting for an inevitable bear market. Why does Mr.Market wait for a large rally to start buying? Why doesn't he just buy and hold if the market is going higher over the long run? Maybe he does but in other parts of his portfolio. I've never been so disappointed waiting for a bear market. First it was the debt and the european crisis, then it was china and the housing market. I should of bought during the corona virus but I was away. Then trying to decided if it was too late back in 2020 in August and December. It seems no matter how hard I try, it always looks too late to buy stocks if you look back. 2021 I was trying to buy in January and July. I was away at the start of 2022, But it was a good trading year. 2023 was almost good. I bought a new Car with my profits from last year, but lost the rest of my gains trading futures. I guess I could sell my car, but then there would of been no point in trading in the first place. The problem is I don't have much money left to trade, so I will have to start over and watch my losses again. My dad was moved to an assisted living facility that costs $5,000 a month, so he is not giving me any money anymore. I'm eating good and driving around in my Jeep, but I miss trading bigger amounts of money.

So, my initial feelings are kind of confusion. All my good long picks went up alot, and my good short picks went down alot. What could possibly be left to happen? Starting over, here are the stocks on my screen:

Nothing. I couldn't find one single stock that was growing at a good value. Does this mean it's time to switch and look for stocks to sell? I don't know. I wouldn't mind sitting out the next 6 months and seeing what happens. I feel satisfied with watching Hyfm fall from 5.81 to $1.00. Doing the short screen was too much work and I just ate some spaghetti and had a brownie.

[mrmarket]

In a rash move today I am selling most of my stocks. Sold INTX LMT KRE RAD THI SWHC UNP. I cast my nets out every few months, and now I'm harvesting what little profit I have. My average gain from these picks is 14.9% so far before taxes, comimssions and distributed unequally. I'm back to about 6% invested and feeling okay in cash.

Congrats on your profits!

[antioch6]

I couldn't find any stocks, so I decided to try us 2 year treasury futures. I want interest rates to fall, and if Mr.Market is right and inflation is over, I'll make money as people buy yields at 4.88%.

[antioch6]

Just to mention, I am up 15% today on my 2 year contract. *Huge*

[antioch6]

I sold my 2 year and sold short a russell 2000 contract. I think the big moves are over this year and things will come back down.

[antioch6]

I sold TSLA today at 274.34. I think the p/e is high, and momentum in the stock is over. I'm going in with an idea of "short the rally," but you could say it peaked out in 2021 at $400.

[antioch6]

I closed all my positions and went long the u.s. dollar. The leverage is good with euro futures, so I will hopefully make some money.

[mrmarket]

I sold TSLA today at 274.34. I think the p/e is high, and momentum in the stock is over. I'm going in with an idea of "short the rally," but you could say it peaked out in 2021 at $400.

There is a possibility that Twitter goes to zero.

[antioch6]

I bought three stocks to start up my investing strategy. After screening for earnings, sales, and price momentum, I listed the stocks in order of low p/e to high p/e and bought the top 3 - ESTE, ENIC, HCC. I'll buy 3 stocks each week and hold each set for 6 weeks, just like MrMarket. This should work for all market environment types.

[jiesen]

There is a possibility that Twitter goes to zero.

If it does, Elon Musk will get one heckuva a tax writeoff! (Perhaps his 4-D chess strategy all along?)