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techno-ag
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In reply to jamey • 8:13a, 10/27/22
AG
I'm not.
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$30,000 Millionaire
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8:13a, 10/27/22
AG
I think today will be lower probability. May not trade today. Will see.
You don’t trade for money, you trade for freedom.
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sts7049
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In reply to jamey • 8:14a, 10/27/22
AG
jamey said:
techno-ag said:
GreasenUSA said:
META... 6 years of market cap growth, wiped out in 1 year. Fascinating. Last time it was under 114 was November, 2016.
Sub 100 in the premarket this morning.


Good long term hold to buy now?
look at what happened in Feb after it cratered. you had almost a month of downward continuation.

i think patience is a better strategy to wait for a better entry
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MOCO9
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8:14a, 10/27/22
AG
Did Cramer just say God d**n live on Squawk?
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techno-ag
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In reply to jamey • 8:14a, 10/27/22
AG
I do continue accumulating TQQQ though.
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jamey
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In reply to TheCellarDoor • 8:17a, 10/27/22
AG
TheCellarDoor said:
jamey said:
techno-ag said:
GreasenUSA said:
META... 6 years of market cap growth, wiped out in 1 year. Fascinating. Last time it was under 114 was November, 2016.
Sub 100 in the premarket this morning.


Good long term hold to buy now?
I don't know. Do you believe millions of people will stay in their homes with VR headsets on to spend time in the metaverse? He's hitched his wagon to Meta, so maybe let some price discovery happen to see how investors feel over time.



Millions of youth have been doing that for a decade with a phone

17 yr old wants Quest 2 VR thing. Most her friends have one
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$30,000 Millionaire
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8:18a, 10/27/22
AG
Meta is down like 35% in a week and a half.
You don’t trade for money, you trade for freedom.
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BlueTaze
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In reply to MOCO9 • 8:23a, 10/27/22
MOCO9 said:
Did Cramer just say God d**n live on Squawk?


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jamey
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In reply to techno-ag • 8:24a, 10/27/22
AG
techno-ag said:
I do continue accumulating TQQQ though.


I was going to do QQQ for most of my long term. How's TQQQ any different
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$30,000 Millionaire
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8:25a, 10/27/22
AG
An anecdote for you all on Meta. I know several people well who are new director or VP types at Meta. I wouldn't consider them to be above average IT leaders. One of them I think is bottom quartile. They inexplicably got these jobs at Meta, making $1M a year or more. Other, super highly qualified people I know can't even get an interview there.

I think they're going down.
You don’t trade for money, you trade for freedom.
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GreasenUSA
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8:26a, 10/27/22
AG
I'm a big fan of John Carter, though I've never subscribed to Simpler Trading. He was making the case just over a year ago for FB/META as a 10 year buy and hold (as well as Ethereum). I'm kind of curious what his current thoughts on META are. Anyone subscribe?

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techno-ag
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In reply to jamey • 8:29a, 10/27/22
AG
jamey said:
techno-ag said:
I do continue accumulating TQQQ though.


I was going to do QQQ for most of my long term. How's TQQQ any different
QQQ is fine. TQQQ is leveraged at 1.3x. Lots of discussion on its risks/benefits. I'm a fan.
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$30,000 Millionaire
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In reply to GreasenUSA • 8:30a, 10/27/22
AG
I used to until he started checking out in my opinion. He showed up less and less often. Up to 6 months ago he was a believer in meta. He's also a believer in crypto and I want to say he was dumping a lot of his trading profits into it.

He's not so stupid to not have stops, but I think he's a great trader, not great Warren Buffett.
You don’t trade for money, you trade for freedom.
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Farmer @ Johnsongrass, TX
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In reply to $30,000 Millionaire • 8:32a, 10/27/22
$30,000 Millionaire said:
An anecdote for you all on Meta. I know several people well who are new director or VP types at Meta. I wouldn't consider them to be above average IT leaders. One of them I think is bottom quartile. They inexplicably got these jobs at Meta, making $1M a year or more. Other, super highly qualified people I know can't even get an interview there.

I think they're going down.
A gal I know, her brother is one of the top 15. Based on what I know, about only him, and what you wrote above, I'm with you.
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$30,000 Millionaire
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8:36a, 10/27/22
AG
Bought upro. Stop 34.1
You don’t trade for money, you trade for freedom.
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$30,000 Millionaire
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8:36a, 10/27/22
AG
My entry was 34.35
You don’t trade for money, you trade for freedom.
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$30,000 Millionaire
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8:37a, 10/27/22
AG
Want to be right or wrong quickly.
You don’t trade for money, you trade for freedom.
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$30,000 Millionaire
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8:40a, 10/27/22
AG
Well, I was wrong fast. Big move.
You don’t trade for money, you trade for freedom.
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ProgN
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In reply to planoaggie123 • 8:42a, 10/27/22
planoaggie123 said:
Jim Cramer about to cry on Squawk....Meta must have been half his worth...


Both Cramer and Zuck!
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Charismatic Megafauna
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In reply to sts7049 • 8:44a, 10/27/22
AG
sts7049 said:
jamey said:
techno-ag said:
GreasenUSA said:
META... 6 years of market cap growth, wiped out in 1 year. Fascinating. Last time it was under 114 was November, 2016.
Sub 100 in the premarket this morning.


Good long term hold to buy now?
look at what happened in Feb after it cratered. you had almost a month of downward continuation.

i think patience is a better strategy to wait for a better entry

Yep PEAD
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$30,000 Millionaire
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8:45a, 10/27/22
AG
F you S&P. Not going backward today.


You don’t trade for money, you trade for freedom.
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$30,000 Millionaire
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8:46a, 10/27/22
AG
I think I'm gonna sit the rest of this one out. Not feeling it today.
You don’t trade for money, you trade for freedom.
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$30,000 Millionaire
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8:53a, 10/27/22
AG
They're worried about Apple. Get out of the way IMO.
You don’t trade for money, you trade for freedom.
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planoaggie123
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In reply to MOCO9 • 8:54a, 10/27/22
AG
MOCO9 said:
Did Cramer just say God d**n live on Squawk?
LOL yes he did. Nobody blinked an eye...i laughed...


That language is less an issue to me vs 50% of the commercials they air....
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Just Tired
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In reply to TheCellarDoor • 9:00a, 10/27/22
TheCellarDoor said:
jamey said:
techno-ag said:
GreasenUSA said:
META... 6 years of market cap growth, wiped out in 1 year. Fascinating. Last time it was under 114 was November, 2016.
Sub 100 in the premarket this morning.


Good long term hold to buy now?
I don't know. Do you believe millions of people will stay in their homes with VR headsets on to spend time in the metaverse? He's hitched his wagon to Meta, so maybe let some price discovery happen to see how investors feel over time.

on the plus side, you'd never have to experience a losing aggie football season again.
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Ragoo
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9:08a, 10/27/22
AG
Bought 10 SPX 3850 $5.5 sold $7.00

About as easy a move there you can get.

+$1500 in 5 minutes
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RosecityAg
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9:10a, 10/27/22
AG
DXY breaking from the trend. Something to keep an eye out for…
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Ragoo
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9:16a, 10/27/22
AG
Should have held for the bigger move. Jeez
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5C
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9:17a, 10/27/22
AG
I keep waiting for this thing to fall apart and up we go…. I just don't get it
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$30,000 Millionaire
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9:27a, 10/27/22
AG
Just finished a conf call. Wow
You don’t trade for money, you trade for freedom.
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Brewmaster
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In reply to jamey • 9:35a, 10/27/22
AG
jamey said:
TheCellarDoor said:
jamey said:
techno-ag said:
GreasenUSA said:
META... 6 years of market cap growth, wiped out in 1 year. Fascinating. Last time it was under 114 was November, 2016.
Sub 100 in the premarket this morning.


Good long term hold to buy now?
I don't know. Do you believe millions of people will stay in their homes with VR headsets on to spend time in the metaverse? He's hitched his wagon to Meta, so maybe let some price discovery happen to see how investors feel over time.



Millions of youth have been doing that for a decade with a phone

17 yr old wants Quest 2 VR thing. Most her friends have one
fight the latest trend. Buy her a mountain bike instead, plenty of high school and college teams out there, loads of fun. Get kids outside!
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Philip J Fry
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9:36a, 10/27/22
AG
Jumped into BOIL at 37.96. Stop at 37.75
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irish pete ag06
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In reply to Brewmaster • 9:37a, 10/27/22
AG
Amen! My kids play video games too but they request camping and going to Red River NM more than anything else.

Honestly, a dream of mine is owning some real estate in northern NM to live in from May-Sep then rent to skiers in the winter.

Maybe trading will get me there.
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ProgN
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In reply to $30,000 Millionaire • 9:40a, 10/27/22
$30,000 Millionaire said:
Just finished a conf call. Wow
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Definitely Not A Cop
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In reply to Brewmaster • 9:40a, 10/27/22
AG
BREwmaster said:
jamey said:
TheCellarDoor said:
jamey said:
techno-ag said:
GreasenUSA said:
META... 6 years of market cap growth, wiped out in 1 year. Fascinating. Last time it was under 114 was November, 2016.
Sub 100 in the premarket this morning.


Good long term hold to buy now?
I don't know. Do you believe millions of people will stay in their homes with VR headsets on to spend time in the metaverse? He's hitched his wagon to Meta, so maybe let some price discovery happen to see how investors feel over time.



Millions of youth have been doing that for a decade with a phone

17 yr old wants Quest 2 VR thing. Most her friends have one
fight the latest trend. Buy her a mountain bike instead, plenty of high school and college teams out there, loads of fun. Get kids outside!


So I should dump my retirement account into Huffy?
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