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  1. Chris Mac

    Breakout and Gap Stocks

    Stocks4life, I recently discovered your thread. Good job, but it seems few people care about your analysis ? I don't understand why ? Great insight, well-positionned SL and logical targets... Continue to do your analysis, I will be your first fan. CM
  2. Chris Mac

    Marketsurfer says short shake shack

    Ok i see, you don't use tight stops, that is why you got some rooms to put new trades closer to your initial stop. And you want to watch how weak hands react : makes sense, it gives more flexibility. Thanks CM
  3. Chris Mac

    Marketsurfer says short shake shack

    i960, could you explain what is the difference between scale in and average down ? It seems quite the same, maybe scale in could be useful for buying a small cap stock, with low liquidity ? Or would you use this approach more systematically ? Thanks CM
  4. Chris Mac

    Marketsurfer says short shake shack

    He is a troll. Just read his last post on Zynga threat. I wrote I was cautious 4 months ago and he is laughing at me now? Even if I was right ?! In another post, I told I made +200% with Biotech (and that s why I am looking for a short now), and again he is laughing at me? Troll, troll, troll...
  5. Chris Mac

    Zynga Inc (NASDAQ:ZNGA)

    Buy1brain, I know you are my biggest fan! Always looking for an old post to try to troll me !!! That post was so old ! But as everyone can see on the bottom, I posted my reco February the 9th, saying Zynga could go to 2.50 dollars, even 2.20 dollars February the 9th : Zynga 2.77 February the...
  6. Chris Mac

    Marketsurfer says short shake shack

    Now, sergeant Troll wants to be a "mentor" Ask yourself why nobody respects you. Maybe because you criticize and don't give good advices. Maybe because you consider you master everything and obviously this is not the case. Maybe because you write everything and his contrary. Maybe because you...
  7. Chris Mac

    BABA

    90 dollars is too weak : we are below. Moreover, stochastics plead for a downside risk. Compare circles in november 14 and now : quite the same. if close below 88, BABA should go to 80/82. CM
  8. Chris Mac

    Marketsurfer says short shake shack

    Well, maybe because it makes lot of money, maybe because I did it by the past (2012 top in Apple for example, bottom in Alcatel, Peugeot in 2013 etc), I do it now (top in Airbus, Dax, bottom in oil WTI 43 dollars) and will make it for the future? I will quote Vic Sperandeo, 70% annual...
  9. Chris Mac

    Marketsurfer says short shake shack

    Apple is not anymore in bull market because you got now a new high lower from one month ago. I like Apple RSI which could be an orange flag. But I admit Apple is not in a bear market too for the moment. It shows weakness, to be confirmed. 129 may hold or not. Wait and see. CM
  10. Chris Mac

    Marketsurfer says short shake shack

    Ok, not the good thread for talking about Apple but I will answer your question. Good short candidate, not excellent, because timing is not perfect and probabilities are low to go to 100 dollars fast. And shorting Apple now is like killing God in the financial world. So I would not make it and...
  11. Chris Mac

    Marketsurfer says short shake shack

    Well, I agree Surf. Apple is a good short candidate. Sure, shorting Shake Shack was a mistake. But don't think someone is enough stupid to do only mistakes in his trading. I made tons but I am still here. Reminder : In 2000, Microsoft was the strongest company in the world. -66% In 2012, Apple...
  12. Chris Mac

    Marketsurfer says short shake shack

    Thanks surf. I started 11 years ago as a US equities fund analyst (worked with companies like Legg Mason, Columbia Wanger...). I learned how long-term investors manage money. In 2007, I started to manage multi-assets funds. Hard times, but as a lot of people here, I survived. I understood that...
  13. Chris Mac

    Amgen : ready to plunge ?

    Long IBB with a triple top risk ? I would say GL then. I made 200%+ with Biotech (and didn't take the last 40%). Maybe there is more upside ? But it will be without me. CM
  14. Chris Mac

    Marketsurfer says short shake shack

    Surf, you should have kept your bullish view, and not taste their burgers in order to stay "neutral". If I am long Yum (KFC), would I want to test their shi.ts ??? No, thanks. Pre market today for Shake: 79 dollars. READY TO GO HIGHER. Just forget your short and go long. Best traders are...
  15. Chris Mac

    BABA

    Interesting post, thanks! Analysts are always late so we can imagine a MT target well above 137 dollars if 95/97 broken. CM
  16. Chris Mac

    Amgen : ready to plunge ?

    I know... I was long Biotech from 2010 until beginning of 2014. I was out too early. .. Cost of opportunity was too high for me... Frustrating to watch new highs and new highs. .. Anyway I think we are closer and closer to the big short. Patience. Wait first if 154/155 breaks... CM
  17. Chris Mac

    Amgen : ready to plunge ?

    Well finding best opportunities ie high reward risk ratio trades doesn t mean making easy money. Because you try to anticipate the next trend before the crowd. You need good skills perfect timing and solid risk management. Ofc it is easier to short a declining stock or sector for months even...
  18. Chris Mac

    Amgen : ready to plunge ?

    Backtesting basics ??? FYI it is called "relative strenght" And yes thousands of quants and traders tested it and won money during the last 30 years. Do your homework. Reread your classics. CM
  19. Chris Mac

    Amgen : ready to plunge ?

    As you said, has been. Amgen is already -10% from his highs. S&P and Nasdaq -1% from their highs. Best short opportunities are when a strong sector/stock begins to underperform. CM
  20. Chris Mac

    Amgen : ready to plunge ?

    Amgen weekly chart is really interesting. It is a mix of triple top and ascending triangle. Nice negative divergence with RSI. I think it is a good short candidate if support @USD154/155 breaks. Wait and see. CM
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