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Vinniegambini on 14 September 2012
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Ail said:

I would be cautious about thinking Nintendo is going to go up because of the announcement.
The main reason stocks have been up this week is QE3 , not any WiiU price announcement...
I mean it would be really hard for anyone owning stocks to actually manage to be down this week...
The challenge is to keep doing this over much longer period...
That being said the market has been up too much this year and I fear a correction coming ( my portfollio is up 17% this year and it's really diversified , including 20% bonds holding...)

On the gaming front, as I had hoped TTWO has almost erased most of its earlier losses..

1 more weeks and part of my Apple position becomes long and I can take some profit off the table while minimizing my taxes ( Apple is up 74% since I purchased it, Im planning to sell some at 700$).

 

 

And I hate to pile on what's been said higher in this thread but you don't play on the stock market with money you're going to need in the next 6 months, all the money in my portfollio is money i won't need in the next 20 years ( meaning not till I retire).

QE3 did boost almost every stock possible. The market is up by ALOT! The DOW passing the 2007 level is just crazy. Selling rally coming right up. I'm currently planning on selling my shares of BBVA and SAN today. Just waiting for the 8.85 for BBVA and 8.30 for SAN lol (Up 47% on both positions). Well I think Nintendo is a wise investment, up almost 8% in my NTDOY shares and they were really at the bottom of the bottom, could not go further down honestly. They got lots of cash at hand and will shoot up to 20 by years-end most definetely. Its a blind buy.