pthomas215
1,251 posts
msg #136194
- Ignore pthomas215 |
6/5/2017 7:01:02 PM
Karen, good for you ! very happy. I must say, you have guts to hold it, even though it is a darling of wall street. I just cant hold through consolidation periods. my very good friend told me about NVDA a couple years ago, as he is a partner at Accenture. some of you guys like to search for the next amazon (why wouldnt you?). this could be it. it's resisting market conditions when flat.
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pthomas215
1,251 posts
msg #136195
- Ignore pthomas215 |
6/5/2017 7:07:37 PM
gmg, Tesla. indeed. Elon Musk is a certified genius, but there are operational issues all throughout the company. i am watching for SnP to top off roughly around October and then blow off in one final rally. whenever that rally happens, going to buy a tesla put.
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gmg733
788 posts
msg #136205
- Ignore gmg733
modified |
6/6/2017 8:14:25 AM
Don't buy puts. If you are bearish, try to do a downside trade with a penny credit (sell near the money call to finance buying an out of the money put). Your risk would be to the upside, but your bearish anyhow.
I was looking at /6j the other day and I thought it looked like an odd cup and handle (chart patterns are not my bag) and it seems to have broken out over night. I'll be looking for a pull back to get into this one.
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gmg733
788 posts
msg #136206
- Ignore gmg733 |
6/6/2017 8:21:29 AM
/GC on a pull back. Wait for swing low on /NG. All the bears in energy, watch /CL for a bounce. I do believe oil is heading lower in the long run. But that is just a mis guided thesis of mine. :) They might pull the driving season rabbit out of their hat.
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johnpaulca
12,036 posts
msg #136207
- Ignore johnpaulca |
6/6/2017 8:47:20 AM
"Elon Musk is a certified genius"
I think you meant a certified "marketing" genius
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johnpaulca
12,036 posts
msg #136208
- Ignore johnpaulca |
6/6/2017 8:53:56 AM
/Cl......$46ish....looking for a bounce at this price
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pthomas215
1,251 posts
msg #136209
- Ignore pthomas215 |
6/6/2017 9:12:20 AM
JP, he's pretty savvy though in my opinion. didnt he fly to the moon :)
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johnpaulca
12,036 posts
msg #136210
- Ignore johnpaulca |
6/6/2017 9:25:43 AM
pthomas215
721 posts
msg #136209
- Ignore pthomas215 6/6/2017 9:12:20 AM
JP, he's pretty savvy though in my opinion. didnt he fly to the moon :)
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yes... he did fly to the moon in his virtual solar power Jetson go go gadget rocket.
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pthomas215
1,251 posts
msg #136211
- Ignore pthomas215 |
6/6/2017 9:57:18 AM
exactly. it would impress george jetson and Elroy. I may be dating myself here.
I believe it is time for natural gas. Looking to get in UGAZ @14.50 on a dip during today's session.
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gmg733
788 posts
msg #136214
- Ignore gmg733 |
6/6/2017 12:09:01 PM
Elon business model is predicated on tax breaks from the government. Elon just pulled off Trump advisory council due to the Paris agreement. What happens to the tax incentives? :)
I am a Musk fan. I just think the valuation of TSLA are insane. But then again, valuations don't mean crap. Markets are an auction process. I'm just not a buyer.
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