Takin a trip on the couch.

Discussion in 'Investing' started by Spud, Oct 7, 2022.

  1. Spud

    Spud Well-Known Member

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    Dumped the 1 after open, made lunch money. Instead of trying to milk the last drop it seems better to cut loose when momentum stalls. A few extra bucks for my savings account and the tax man, nothing big or exciting. Can't touch Tesla yet and Papa Elon is still poking sticks at the left with his tweetergate mind amusements. I doubt I'll buy shares this round, a few leaps will be enough leverage.
    Still not taking long positions yet, those give the feelings of quick sand.
     
  2. Spud

    Spud Well-Known Member

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    If your not playing the Chinese stocks today and enjoying those delicious gains then Sum Ting Wong. :lauging:
     
  3. Spud

    Spud Well-Known Member

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    "It's the economy stupid." 8 dollar eggs, 5 dollar milk, layoffs, high interest rates with no end is sight is beginning to catch up with these modern times. Some of these people that bought homes and vehicles in the bubble are starting to struggle and it's beginning to cause the ripple effect. It's time to pay the Lady and she is no longer interest free. My couch is paid for and I drive a jalopy.
    My wife left me and my dog run off, I sure do miss my dog. :lauging:
     
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  4. Spud

    Spud Well-Known Member

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    AAPL 125.85 :popcorn: F/A checks out. Let's see how the T/A feels about it. I'll probably get put on the algo hit list now that I bought some.
     
  5. Spud

    Spud Well-Known Member

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    Go Apple. Might be walking on quicksand but at least I hold 1 position.
     
  6. TomB16

    TomB16 Well-Known Member

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    I haven't been following Apple very closely.

    Do they have any irons in the fire that will expand their product lines? It seems like the iPhone and desktop markets are reasonably stable, by now. Not much room to expand them beyond modest growth.

    My issue with Apple is the 0.75% distribution, given they have stopped expanding. What is the profit being allocated to?
     
  7. Spud

    Spud Well-Known Member

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    Your DD is much more complex than mine. In my case Apple is a all time favorite, somehow catching it at the bottom of a uptrend seems to give a slight advantage. Writing weekly calls can produce unlimited residual income . IMO its one of the safer companies to hold. I'd like to own Tesla again at some point most likely I'll look into leaps depending on the premium.
    I'm sitting on mostly cash waiting for the right moment, my system works until it doesn't. I missed my chance at a high yield low float that much like yours was a strange sell-off for no apparent reason. It's moved up a tad over 15% since then. I probably should spend more time catching up in your thread. :thumbsup:
     
  8. Spud

    Spud Well-Known Member

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    Looks like Chinese stocks will fly tomorrow, might dive in PM for lunch money.
    Hopefully Apple gets up to my safety zone.
    If not, Sum Ting Wong here.
    6 hours 12 minutes till lift off.
     
  9. Spud

    Spud Well-Known Member

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    :booyah: Another news related move compliments of yours truly.

    Apple is moving well into my comfort zone and my Chinese pocket rockets are smokin.
     
  10. Spud

    Spud Well-Known Member

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    Newton's LAW seems to be the plan. Apple is coasting, but will get the boot if it drops below my mental stop. My 30 days is getting close on Tesla, hopefully Papa Elon will keep poking the left with his big stick and drop the share price back down, go tweetergate. If all goes as planned a few leaps will be in the horizon. Just another trip on the couch.
     
  11. Spud

    Spud Well-Known Member

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    Apple is still in the basket until it goes sour. A few other trades here and there for lunch money about sums it up. Nothing special, being extra careful and realizing small consistant gains are easier than jumping into the lake of fire.
     
  12. Spud

    Spud Well-Known Member

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    Go apple. Regret not buying Amazon but it will lose steam at some point.
     
  13. Spud

    Spud Well-Known Member

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    Another 3 day weekend to chill the bones. Go Apple.
     
  14. Spud

    Spud Well-Known Member

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    Still holding.

    Profits are being allocated into my future coke n hookers funds.
    Don't care about all the other mumbo jumbo stuff.
    Buy low sell high is all that matters.
     
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  15. Spud

    Spud Well-Known Member

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    I lonely position that holding its own, so far so good. The World is still wobbling right along.
     
  16. Spud

    Spud Well-Known Member

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    Still holding. No big trades, only small lunch money plays.Just another day in paradise, poor man's Disneyland.
     
  17. Spud

    Spud Well-Known Member

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    Same trip different daze.
     
  18. Spud

    Spud Well-Known Member

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    Missed the boat on a few good ones but very satisfied with Apple. Lunch money on the other stuff, pennies make dollars.
     
  19. Spud

    Spud Well-Known Member

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    Sipping on squeezed gamma juice, delicious.
     

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