• STOCKTALK
• POLITICS
• PASTIMES

   Strategies & Market TrendsHumble1 and Swing Trading Friends

Previous 10 Next 10  To: Robohogs who wrote (32835) 4/24/2019 9:51:32 AM From: sylvester80    of 40548   Just wait till November 12 when Disney streaming hits at $6.99 hits with Star Wars/Marvel/Pixar properties (compared to $12.99 for NFLX, or almost 100% more without StarWars/Marvel/Pixar)... so I expect an NFLX implosion as those properties are taken away from everyone but Disney. tomsguide.com Humble1 and Swing Trading Friends | Stock Discussion ForumsShare RecommendKeepReplyMark as Last ReadRead Replies (1) From: candlestickit 4/24/2019 10:37:23 AM    of 40548   Added to all my LONG positions at the top of the hour in YM and RTY. Rty breaking above the all important 233dma and neckline of inverse h&s. BA going to lead the Dow to ath's within days. Bears are going to hold to the bitter end pointing to useless fundamentals. Liquidity is BULLISH, and that's all that matters, always has and always will. Humble1 and Swing Trading Friends | Stock Discussion ForumsShare RecommendKeepReplyMark as Last ReadRead Replies (1) To: sylvester80 who wrote (32843) 4/24/2019 11:52:53 AM From: Fintas    of 40548   As long term DIS holder going back to the 1980's here's something to add to your thoughts. Way way back DIS wasn't ready for this move and NFLX if one remembers going back to 2003 ish was trying to do John Travolta's version of Staying Alive. Well we know NFLX did and many fell trying to take them out or trying to compete. Dis was not one and sat back to position itself as it now has. I don't know how high DIS will go but I do know it's foot print is going to keep growing and Nflx is going to face some challenges for the reasons you suggest. So I don't know about IMPLOSION re NFLX but a decent hair cut is possible IMO Fintas Humble1 and Swing Trading Friends | Stock Discussion ForumsShare RecommendKeepReplyMark as Last ReadRead Replies (2) From: sylvester80 4/24/2019 12:07:06 PM    of 40548   IMO based on my TA, QQQ at 190.7 should see a 10% haircut to 171.6 in short order. JMHO Humble1 and Swing Trading Friends | Stock Discussion ForumsShare RecommendKeepReplyMark as Last ReadRead Replies (1) To: sylvester80 who wrote (32846) 4/24/2019 12:34:34 PM From: Fintas    of 40548   IF you understand this one then you will understand it takes 20% to roll over to O's. This RSI of the qqq is at 129.6. So it takes a 135.91 to add an X.. So what is that re %? From that 135.91 if it were to be hit 20% down would be? How about from the 127.62. That's a MINIMUM retrace requirement. How's that translate with the QQQ? And where does that take the SQQQ? I'm long the SQQQ as of yesterday. I'm ready to add if needed. I like the idea of 3 X. Especially if it's 3 X 20%. So you might see a bit more up but your downside is a given and conservative. IMO Fintas 01 02 03 96 07 98 09 99 10 00 11 14 15 17 18 224.9398 224.9398 211.2111 211.2111 198.3202 198.3202 186.2162 186.2162 174.8509 174.8509 164.1792 X 164.1792 154.1589 X O 154.1589 144.7501 2 O 144.7501 135.9156 X 4 135.9156 127.6203 X 5 7 127.6203 119.8313 C O 1 119.8313 112.5176 B B 4 112.5176 105.6504 9 O 7 105.6504 99.2022 8 C 9 99.2022 93.1476 2 1 9 93.1476 87.4626 1 2 A 87.4626 82.1245 X 3 X C 82.1245 77.1122 C O X O C 3 77.1122 72.4058 9 4 X O X O A 72.4058 67.9867 7 O 9 X O 7 67.9867 63.8372 C O X 4 X 63.8372 59.9411 A A 5 X 59.9411 56.2827 7 6 56.2827 52.8476 X 52.8476 49.6222 O X 49.6222 46.5936 3 46.5936 43.7498 43.7498 41.0797 41.0797 38.5725 38.5725 36.2183 36.2183 34.0078 34.0078 93 95 01 02 03 96 07 98 09 99 10 00 11 14 15 17 Humble1 and Swing Trading Friends | Stock Discussion ForumsShare RecommendKeepReplyMark as Last ReadRead Replies (1) To: Fintas who wrote (32847) 4/24/2019 1:10:25 PM From: sylvester80    of 40548   Thanks for the post. You won't get a disagreement from me. On the way to -20% we'll need to pass thru -10% first... ;) Humble1 and Swing Trading Friends | Stock Discussion ForumsShare RecommendKeepReplyMark as Last ReadRead Replies (1) To: sylvester80 who wrote (32848) 4/24/2019 1:51:26 PM From: Fintas    of 40548   Spoke by someone that understands numbers. Yes to get to that 20% one has to pass 10%. SMILE It is why when I'm yapping about a downside or an upside target I understand the layers involved. Ex. If I put up a 3068 for the SPX then I had to understand 2940 had to go at some point. It's just when and how. And like wise if I see 1944 SPX then that means 2430 has to go at some point. It's only when and how. In any case, I agree with you and your downside re the QQQ. Fintas Humble1 and Swing Trading Friends | Stock Discussion ForumsShare RecommendKeepReplyMark as Last Read From: humble1 4/24/2019 6:44:48 PM    of 40548   a red day is a red day, no matter how small. there is a hint of a turn like that first cool breeze of autumn after a sizzling summer. my short trade, as posted, has a possibility but hangs by a thread. now can put stops above today's high. Humble1 and Swing Trading Friends | Stock Discussion ForumsShare RecommendKeepReplyMark as Last Read To: Fintas who wrote (32845) 4/24/2019 6:53:21 PM From: dospesos    of 40548   Sir Fintas..I'm happy to hear your history with Disney and your evaluation. I recently bought DIS for the first time ever, and you can imagine my surprise and joy when it spurted up two days later. I could see that they had just made a very wise acquisition that would do them well over time. Depth of quality pays off. Humble1 and Swing Trading Friends | Stock Discussion ForumsShare RecommendKeepReplyMark as Last ReadRead Replies (2) From: humble1 4/24/2019 6:58:01 PM    of 40548   R2K Inflection Point Humble1 and Swing Trading Friends | Stock Discussion ForumsShare RecommendKeepReplyMark as Last Read Previous 10 Next 10