Thursday, May 30, 2013

Facebook (stock FB) seems to have turned around today- Island Reversal signal

Facebook (stock FB) seems to have turned around today- Island Reversal signal
Yesterday, FB stock had a downgap and a very bearish day. Today there is a positive gap and very bullish mood. As you can see on the daily chart, there are two gaps which makes this a nice island reversal.
Island Reversal

Conclusin: To be bullish with a stoploss at yesterday's low. Or at yesterday's high.

Monday, April 15, 2013

FSLR- Flag pattern in the making?

First Solar FSLR stock. Chart seems to be making a flag pattern. Buy with proper stoploss for another quick $10 jump! Looks like the stock has lot of short selling. Last week, some news made it go up by $10. Purely on the chart, with a stoploss at $35, I am expecting one more jump of $10 or so.

Note: Don't forget to keep a stoploss!

Sunday, March 10, 2013

What can i do to get a mansion?

What can i do to get a mansion?

What are some thing i should plan or do in order to have a mansion when im older. Please no comments saying that its not possible only information that is worth my time is appreciated thank u.

Best Answer - Chosen by Asker

If you really mean to live in a mansion, there are few ways you can realize your dream.
* If your parents are super rich, be a good child and probably you can get it in inheritance. By birth is one way but by now you probably know if this way is going to work for you or not.
* Find and merry some wealthy lady. Marriage is another way to acquire wealth.
* Hard work and/or education. In theory they can help but to be super rich, I think smartness and luck play a bigger role than hard work or education. Hard work and/or education help you get a better job but a job is a job unless you can climb to be CEO or some C level executive to fulfill a dream of living in a mansion.
* Find a field where pay-offs are speculative- like sales jobs, hedge fund or trading jobs.
* Though odds are very very low but lottery is another way to get super rich.
These days when I have time, I go out on the Yahoo Answers to answer questions on Cameras or on investing.

Should I invest in Gold, Silver or Real Estate?

With 40k would you invest in real estate or gold and silver?

What is the best way to spend 40k?

Best Answer - Chosen by Asker

Gold and Silver are too speculative. Over last 10 years they have appreciated nicely so many people have come to believe that they are safe. However we need to keep in mind that Gold touched a high of $900/Oz in 1980 and and then over next 23 years constantly kept going down in value and reached a low of $270!!! Can one imagine to wait that long and take 75% loss in value? See the chart here. Click or copy and paste:

Same goes for silver. It touched a high price of $40 in 1980 and for people who invested at that price saw price hover around $5 or so over next 25 years!!

There is no guarantee that the same thing can't happen again in those two commodities. Actually chances are it will repeat in my opinion.

So, out of the 3- Gold, silver and Real Estate-, Real Estate is the best choice. It also offers very nice income these days particularly when interest rates are low.