Is VISA losing momentum? or people just selling for profit after huge gains?

no way.  if its down. just buy some more. 

its gotta slow down every now and again, otherwise itd just never stop

That what I am doing, selling on the large gain, and then buying it back on the dip

It was such an odd sight for me.  Visa is down and all my other stocks are up. That just isn't supposed to happen.  The way it has been for a solid month has been; Visa up, all my other stock down.  No matter how pounded my other stocks got, I always had Visa.  Now the world is upside down.

And I agree with the other posts.  Buy up all you can on this dip, cause it will only continue a steady march up the mountain after a little profit extraction breather here and there.

VISA has an inverse relationship with the market!

I'm curious about everyones thoughts.

By a cost comparison to mastercard i.e. earnings to earnings, and # of shares of Visa, to # of Shares of master card, Visa has already taken out all its potential upside.

I did a comparison before the IPO, and found Visa fairprice to Mastercard should have been around 80 dollars at the top end. If you simply compare earnings per share of master card to earnings per share of Visa that's about the # you come up with.

Sure lots of things operate on momentum, but fair value comes into play at some point.

 

I believed Visa will do better than MA.  I am a newbie, so i just count the number of credit card i owned. I have more visa than master. So i believe visa will do well lol

Stanley2910:

I believed Visa will do better than MA.  I am a newbie, so i just count the number of credit card i owned. I have more visa than master. So i believe visa will do well lol

You are aware that opening multiple credit cards within a certain time period will really hurt your credit score, right?

 

Anyway I agree with strompro, everyone jumped on V and it launched like a rocket... it's like POT, MON, etc...  Visa's accumulation/distribution has leveled off a while ago, it was way overbought at the $90 level. Who knows though, the market does what it wants, I'm not denying that this thing is very likely to keep shooting up

I don't know what industry your other stocks are (probably stocks in the Oil & Gas industry because they are bullish recently) but I can only tell for the Visa. It is down because the financial industry(banks, money centers, etc) in general are down.

you are right. V is going down pretty bad. but i will still hold my V no matter what. Is anybody here on the same boat with me?

I keep holding mine.  I plan on holding it for at least one year.  On the last conference call they said in the 3Q they would announce a dividend.  Even more reason to hold and buy more ! Plus I see $100 by end of next year, if not sooner.   Keep swiping those cards.......... 

If Visa is going down, buy more! Visa is always going to be around and you'll regret not buying it when it's over $100. Buy more!

Visa will NOT go away (100% correct)  Take this strategy for a test drive.....It is only my opinion.  I was in it until $87 and then when it got to $83 I got out......Now at $76-77 I am just watching it to see where it goes...based upon Mastercard and previous Visa reaction....If I see it up $1 then I will buy in.    Example..(Open $77) It drops from the open to $75.50 and then goes up continuously to $76.50 (buy at market).....but if it goes up $0.50 , down $0.40, up $0.60. etc.   I think it is still volitale and will probably drop at the end of the day TOO CLOSE to where it started.    I believe that this is "The Big Guys" ..Day trading and not the company/economy.