[2020] A little stock market sense

[WaikikiFirst]

What Length RSI are you using for your RSI Levels

good qstn. after posting that I realized I maybe should mention I was looking at a WEEKLY chart, not a daily. I tend to use RSI(9) on wkly charts, but this is all in the weeds. Doesn't matter. I quoted the relative RSIs only to point out how the stock with weaker PUBLICLY AVAILABLE company fundamentals has, only AFTER they both REPORTED, now performed about 20% worse in the last couple of months. But, despite the weaker company fundamentals being PUBLICLY AVAILABLE, the disparity opened only AFTER they REPORTED it themselves. So much of "efficiency" on PUBLICLY AVAILABLE info.

Are you using this length in conjunction with back tested oversold and overbought readings

None of the above. I just quoted it as it stood yesterday. I did not enter the "pairs-trade" based on technical analysis. I did it based on the disparity in PUBLICLY AVAILABLE company fundamentals. Of course, if TPH had alread crashed by 20% below GRBK, then I would have said "Hey, Mr Market gets it." In that case, I would not have entered the "pair-trade". Likewise, as soon as GRBK announced and the 20% gap was there, I closed both positions yesterday AM.

"efficiency" based on PUBLICLY AVAILABLE info? LMAO. Mr Market fully absorbs PUBLICLY AVAILABLE info only when it has been admitted and discussed by the CEO &/or CFO. Not until. in addition to all his other psychoses, Mr Market is generally a donkey being led around by the nose by the CEOs & CFOs.

 

[WaikikiFirst]

Are you shorting anything ?

Renter has never once said what he bought or sold on a given day & at what price. It is always just mentioning what things were up & down the most on a given day, aka AFTER the fact. That destroys all credibility, but carry on.
And he claims to sell when he has a 10% gain but somehow he still posts his gains on things that are up far more than 10% from the recent lows. Without posting what he bought or sold on a given day & at what price, no credibility. I never said it COULDN'T work, but the partial, AFTER-THE-FACT disclosure kills credibility

 

[WaikikiFirst]

5 minutes a day to protect your life saving

the other thing that makes it so strange is that if someone does this with his/her "life savings" they'd likely be in a high-tax bracket, but you are trying to earn 10 - 12% while creating SHORT-TERM GAINS on all of it every year. Terribly tax-inefficient on top of having so little upside.
If you're doing it in a relatively small IRA, well, OK, but then it can't be a high % of "life savings".

earning 10 - 12% while creating SHORT-TERM GAINS on all of it every year. The tax-inefficiency is horrible.

 

[WaikikiFirst]

I'm able to do better owning real estate.

I did that in my 20s. Owning equity in COMPANIES is an intellectual activity. Owning RE is mostly a PITA activity.
I had no major issues in RE, but just the normal course of it is mostly a PITA

 

[WaikikiFirst]

If you have the time and skill, you can definitely make more money with RE

Tell that to the people who make $100,00,000s in stocks with relatively small operations (staff, etc). Big RE investors need much bigger staffs to make that much.
RE doesn't scale well at all.

 

[WaikikiFirst]

Are you using this length in conjunction with back tested oversold and overbought readings

to be more clear about it, if you're trying to "beat the mkt" using technical analysis (or maybe any kind of "trading") you may as well consider the market "efficient". You'll lose in the long run, and if you "win", you prob just got lucky.
Otoh, if you focus on INVESTING in COMPANIES, you can kick Mr Market's butt, because Mr Market is riddled with psychoses that make it hard for him to stick to that for very long. Mr Market can NEVER ignore the NOISE. NEVER. Mr Market loves NOISE.
beep beep beep. boop boop boop. zap zap zap. bing bang bong. Mr Market loves it all

 

[PigsDad]

Tell that to the people who make $100,00,000s in stocks with relatively small operations (staff, etc). Big RE investors need much bigger staffs to make that much.
RE doesn't scale well at all.

Nice selective editing. If you would have read my post, I was comparing Bill’s RE investing to equity buy and hold for an individual, not those with an “operation”. I’ll stand by my statement that if you have the additional skill and time, you can be more successful than no-effort buy and hold.

Kurt

 

[easyrider]

Real estate does require more hands-on work vs. equity buy and hold. If you have the time and skill, you can definitely make more money with RE but it is that additional time and skill that makes it potentially more successful. That steady income flow is great. I’m happy that it works for you — congratulations!

Kurt

So the reason we are involved in real estate are many but one of the big reasons is helping people live in a decent dwelling for a low cost. Our goal is to help others more than it is for profit.

Bill

 

[RENTER]

Sob Sob Sob. Poor little me. I only grew 0.11% today and was badly beaten by the 3 indexes. All 11 sectors were up with financials up around 2%. ; Yeah right. It worked exactly like it is supposed to. Small gains on both up and down days. I beat my goal by 0.07%.

My top 3 bulls
1. Erie up 5.46%
2. MPW again. Up 5.48%
3. TPL up 5.29%

My top 3 bears
1. YXI up 2.12%
2. EUM up 1.55%
3. TSMZ up 0.48%