ira85
New Member
Posts: 837
|
Post by ira85 on Nov 26, 2013 22:53:19 GMT -5
Thanks for your thoughtful comments blygh and bankedout. I've never made any serious effort to learn how to do fundamental analysis. Excellent point, I don't have an estimate of what URA is worth. Don't know the book value. The PE is 25 so doesn't seem cheap despite falling off a cliff. In the absence of a valuation metric, you're certainly right, it would be foolish to buy it now while it's continuing to fall.
I remember when TAN was falling and falling. But I didn't pay attention and get in on the upturn. I'll keep watching URA and see if I can find a point where the trend turns. Thanks guys. -ira
|
|
|
Post by bankedout on Dec 3, 2013 9:53:55 GMT -5
I remember when TAN was falling and falling. But I didn't pay attention and get in on the upturn. I'll keep watching URA and see if I can find a point where the trend turns. Thanks guys. -ira It seems like markets have a tendency to go on so long that people stop paying attention and then somehow miss the beginning of the move. I will enter a 'good til cancelled' buy stop for 1 share of URA, and trail it down with falling prices. When I notice that it triggers I will post in this thread.
|
|
|
Post by bankedout on Dec 3, 2013 10:07:56 GMT -5
I'm going to trail my buy stop along the blue line in the chart below. So initially it will be set at $16.51 I will post here when it triggers (or when I notice that it has triggered).
|
|
|
Post by bankedout on Dec 3, 2013 19:16:50 GMT -5
Another one to consider for a longer term trend reversal trade: Some day Coffee will stop going down in price......
|
|
|
Post by bankedout on Dec 4, 2013 14:22:39 GMT -5
Just for fun, I added a gtc buy stop for JO at $23.01 for 1 share. I will post when it triggers.
|
|
|
Post by bankedout on Dec 16, 2013 13:54:09 GMT -5
My buy stop filled today on JO and I bought 1 share at $23.04 Now drawing the trend line I see I probably should have used $24 or $24.50 as the buy stop level. Either way, this will help us to remember to keep track of JO
|
|
|
Post by blygh on Jan 7, 2014 9:51:16 GMT -5
I have taken a position in XIOP -cancer research biotech - took a hit a while back to 2 but has been growing steadily ever since Bligh
|
|
|
Post by bankedout on Jan 15, 2014 12:20:01 GMT -5
I lowered my buy stop for URA to $15.41
It is a bit aggressive, but I think this is where I would normally start building a partial position if I were trading this security on the weekly chart.
|
|
|
Post by bankedout on Jan 15, 2014 14:24:47 GMT -5
My buy stop triggered and I was filled at $15.46 in URA
|
|
|
Post by bankedout on Jan 17, 2014 18:40:58 GMT -5
The stock market in Japan had a nice upside move in late 2012 & early 2013. Since then it has been consolidating the gains. Every sell off since the peak has been bought up. The first one was deep, the next one less so, etc. I think this shows demand for Japanese equities, and most like institutional investors are loading up for another significant rise. From what I understand it has to do with government policy with the currency (check out a JPY currency pair to see what happened there!) Anyway, an upside move looks likely to me. Perhaps a way to capture it would be to use JPNL I will throw in a buy stop for one share just for fun, like URA & JO.
|
|
|
Post by blygh on Jan 18, 2014 21:46:26 GMT -5
YTD best performances have been biotech, alternative energy, bonds and medical equipment.
|
|
|
Post by blygh on Jan 18, 2014 22:01:42 GMT -5
YTD best performances have been biotech, alternative energy, bonds and medical equipment. I have ANY, VICL, NVAX, XOMA. ZIOP. GEX, CSIQ, SCTY, VWDRY, FAN, TAN, TLT, IHI Also NLY, AHN.
|
|
|
Post by bankedout on Jan 19, 2014 8:43:25 GMT -5
Biotechs are going parabolic the last couple of weeks: "a pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very old lessons: First, many in Wall Street - a community in which quality control is not prized - will sell investors anything they will buy. Second, speculation is most dangerous when it looks easiest." --Warren Buffett
|
|
|
Post by bankedout on Feb 1, 2014 20:24:35 GMT -5
Coffee (JO) is still working on the new upwards trend in prices: Uranium companies (URA) is a little further behind. Japan (EWJ/JPNL)had a break down. I removed my buy stop for the meantime.
|
|
|
Post by bankedout on Feb 8, 2014 21:09:58 GMT -5
Corn is also looking like it is putting in a bottom here. CORN would be one way to try to capture a move higher.
|
|