If SKX stock is stagnant, for how long do you see it being stagnant ?
I am curious to know if your stock charts can tell you that too.
Thanks,
Frank
If SKX stock is stagnant, for how long do you see it being stagnant ?
As long as the chart shows it!
I am curious to know if your stock charts can tell you that too.
They can tell you everything a stock has done or is doing, 100% accuracy! What it’s going to do…that’s a different story. 
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Frank,
Not only stagnant, SKX will drop down to around 28ish IMO. Then again I can be wrong.
http://tinyurl.com/znnlexa
http://stockcharts.com/h-sc/ui?s=SKX&p=D&yr=0&mn…
Buy Gold, a lot of investors are jumping on the gold band wagon as an insurance policy.
DUST / NUGT as in investing in GOLD using the Tetter Totter Principle.
http://stockcharts.com/h-sc/ui?s=NUGT&p=D&yr=1&m… in at 21.10
http://stockcharts.com/h-sc/ui?s=NUGT&p=D&yr=0&m…
http://stockcharts.com/h-sc/ui?s=DUST&p=D&yr=1&m… out at 17.18.
http://stockcharts.com/h-sc/ui?s=DUST&p=D&yr=0&m…
Best regards,
Quillnpenn
I like Saul’s modified buy and hold.
From 2011 until end of 2014 I bought stocks that I liked that were RB recommendations. My portfolio did better than the S&P 500 every yr during that time. 2015 was not good to me. I am sure something similar happened to everybody else.
But Saul’s methods would have been better for me if I had joined his discussion board and learned how to invest the way he has been investing for a long time now.
I do think that we are overdue for a significant downturn in the markets
but of course have no idea when. I am hoping that 2016 will turn out to be a decent yr but of course no one can know what will happen even tomorrow.
I will stay invested in companies and won’t be owning Gold.
Best,
Frank
4 Likes
Stupid question.
I need to find out the answer myself. Have read knowledge base twice and am going to read it again.
No. This is not a stupid question at all. There are people here that discussed it at length back in October and could spare 30 seconds of their time answering your question and save you the need to spend hours chasing this. There is power in collaboration.
That is a stark difference I noticed between software engineers and mathematicians. Mathematicians are happy building on top of what is already known. Software engineers, on the other hand, always prefer to start from scratch and do it themselves. Everybody wants to design their very own implementation of a linked-list…
1 Like
But, SKX is stagnant and going nowhere. doink !!..Not only stagnant, SKX will drop down to around 28ish.
Quillnpenn, It must have been you that brought us that 5.5% rise today by reverse engineering. Thanks!
(That’s the trouble with short term predictions, even if they come from good charts. It’s often random movements short term, but fundamentals almost always win out in the end. (And I did say “almost” always. And YOU did acknowledge that you could be wrong about your prediction)).
Best,
Saul
7 Likes
Thanks for that dovbgood,
The truth is that I really did just want an answer that someone Might already know.
I felt compelled to find it myself because:
When I first arrived at this board I began reading Sauls end of year and end of month posts. I saw what Saul owned.I have high confidence in what Saul does so I used his list of stock positions to choose from. I opened positions in 5 of those companies. I already had a position in
INFN. In no way did I think Saul has any responsibility whatsoever for my personal stock decisions.
I have had short discourses with Saul over the yrs starting from 2011 on certain RB discussion boards. So I knew something about Saul’s methods and success.
I have high confidence in Saul’s stock choices but like I have always done with RB stocks, I decide what I like out of the choices I see.
I own what I choose.
I put forth a post remarking on what I had just done and naming the stocks that I had taken positions in and asking if anyone would comment.
Someone kinda jumped on me about how this is not a place where you come to just blindly choose stocks from Saul’s list.
I felt a bit taken aback because of that exchange. And since then I have felt (in my own mind) that I shouldn’t ask to many questions because I should be finding my own answers.
I am reading Saul’s knowledge base for the 3rd time because I want to know more and because at some point I hope to be able to contribute.
Meanwhile I get a lot from reading what people share here about the stocks that we mutually own. Especially but not exclusively from Saul.
Lot of smart people here and I intend, going forward from now, to ask questions without self imposed, unnecessary restraint.
Thanks again,
Frank
PS Bought a small position on PN when it was @ $5.87.
7 Likes
Frank,
This was Saul’s thinking at the time of SKX’s drop in October: http://discussion.fool.com/skx-a-tale-of-two-stocks-31957445.asp…
You might also be interested in this thread when SKX’s 3Q earnings were announced and discussed: http://discussion.fool.com/skx-announces-third-quarter-earnings-…
Here’s another post where I mentioned TMF1000 also had recently weighed in with a bullish opinion on SKX: http://discussion.fool.com/tmf1000-on-skx-31958894.aspx?sort=who…
I hope this helps.
FWIW (not much), this is exactly when I bought my first position in SKX.
Matt
Long SKX
MasterCard (MA) Ticker Guide
See all my holdings at http://my.fool.com/profile/CMFCochrane/info.aspx
2 Likes
Thanks Matt,
Appreciate it.
PS My largest position( 18% ) is TSLA I have trimmed it down a a couple times since 2012 and then added more when it recently went down for no good reason
Tesla of course does not have the fundamentals to be part of these discussions. But it has been a great and continuing story.
Frank
My position with SKX is 6%. I like this company.
Frank
Also opened a very small position with MITK.
That is a stark difference I noticed between software engineers and mathematicians. Mathematicians are happy building on top of what is already known. Software engineers, on the other hand, always prefer to start from scratch and do it themselves. Everybody wants to design their very own implementation of a linked-list…
Woah! Just woah. As a software engineer, I take exception to this generalization. I would explain why, but I’m currently busy rebuilding Saul’s knowledge base from the ground up.
-FrickNFool
16 Likes
That is a stark difference I noticed between software engineers and mathematicians. Mathematicians are happy building on top of what is already known. Software engineers, on the other hand, always prefer to start from scratch and do it themselves. Everybody wants to design their very own implementation of a linked-list…
Woah! Just woah. As a software engineer, I take exception to this generalization. I would explain why, but I’m currently busy rebuilding Saul’s knowledge base from the ground up.
Plus, I remember countless math textbooks that annoyingly left proofs of theorems as “an exercise for the reader.”
3 Likes
gettinsumcaw fee,
RE: gold
As you mentioned, you don’t like Gold.
We are only visiting the Gold stocks/ETF’s. Peruse the following and explain what you got against a few coins in profits. As Mr. Wonderful on the shark tank says “how do I make MONEY.”
I think the $BDI charts is showing a possibility of heading south.
http://long-term-investments.blogspot.com/2016/03/gold-comes…
http://discussion.fool.com/fooledme1-re-cycles-youre-getting-bum…
Observation and discussion with a different point of view.
Just JAFOing
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Dear quilly,
Have a nice day,
Frank