Winning

Winning

Friday, September 25, 2015

My purchase order yesterday for BMW...you're welcome.

I knew that was a knee jerk reaction to the VW problem and that BMW had a panic sell off yesterday. In proper contrarian style I looked at the numbers, decided that the market was freaking out with panic and fear, and ran in the burning building. Today I had a nice gain in the stock overnight.
But its not really about the short term with this one. You are going to hold this for quite a while. Put in the money in and forget about it.

Yesterday:

Then I jumped in yesterday and today here is what the stock is looking like:

You
should go back and read my post from yesterday why this is a long termer: http://howtobeatthestockmarket.blogspot.com/2015/09/time-to-purchase-bmw-outright.html

Tradinginsider

Related Posts:

  • Purchase SPY putsIn taking a look at the market today, I have decided to make the call for SPY puts. SPY offeres more of a gain than the QQQ, even though its action semi-mirrors the Marekts and especially QQQ. Here is our in: Looks like t… Read More
  • Looks like the Market is going to keep goingThe chart changed for the Market in the short term: As you can see, the cubes are showing a gap up big white candle with no tail on top of it. When I made that trade on SPY earlier this morning, that wasnt there. Therefore… Read More
  • DBVT short...holdLooking at the chart for DBVT: You can see that as of this morning, its showing the double hammer reversal signal and its other two indicators are in the way overbought position. We hold our short confident of success. Unl… Read More
  • QQQ ManiaIn looking at the market, I dont see this too often: The Cubes diverging from the Dow. I took a look at why for today. Greed. And where there is greed, I show up like a shark in water. I smell greed. The Greek thing has be… Read More
  • Hold SPY PutsWe are going to hold those spy puts. Market is up for NASDAQ, down for DOW. Looking into this now, plus more info on what we are holding. Tradinginsider… Read More

0 comments:

Post a Comment