One of the main problems with using moving average crossovers as actionable signals is that stocks may whipsaw back and forth across their moving average. It is therefore an advantage to wait for a good "setup" before acting in order to avoid being whipsawed in and out of the stock (and to avoid excessive trading commissions). Whipsawing occurs primarily when the stock is not trending. Traders use other tools to identify non-trending situations early so they can switch to strategies that work better in non-trending environments. Most traders who use moving average crossover systems consider any extra trades they might make to be the price one must pay to be positioned correctly when the stock finally stops whipsawing and begins to trend. In general, traders consider the benefit of the strategy to be that it enables a trader to enter a position close to the beginning of a trend and to leave near the end of the trend.
Some traders reduce the number of "false signals" by using the move of a short-term moving average across a longer-term moving average as the signal mechanism rather than the crossover by a stock's price. A 5-day moving average is less likely to whipsaw back and forth over a 50-day moving average than is the closing price of the stock. Traders use combinations of moving averages (like 5 and 30, 5 and 50, 20 and 200, 10 and 100 and many others) based on how active they want to be as traders. The longer the moving average, the better established the trend it represents and the less likely it is to be generating a false signal. On the other hand, longer moving averages give up more of the profit potential of a trade because they are slower in generating their signals. There are tradeoffs here that only the individual trader can resolve through experience. Remember that the rising trend of an undervalued stock is more likely to be sustained (less likely to break down) than the trend of an overpriced stock. Price relative to earnings (PE or PE-ratio), sales (PSR or Price Per Sales ratio), and earnings rate-of-growth (PEG or PEG ratio) are among the factors that give fuel to the momentum of a trend. Sometimes investor psychology does too, but trends based on psychology alone are more apt to undergo unexpected reversals.
The following rules pertain to moving average resistances, supports, and crossovers. A stockdiscipline.com trader has tested both exponential and simple moving averages and has found that a simple moving average is preferable to an exponential moving average. This is information you are not likely to find in the media where the common perception is that the faster exponential moving average is to be preferred. The longer the moving average, the more reliable these rules tend to be. Many investors strictly adhere to the following moving average rules. However, we make no recommendations to buy or sell any specific stock.
1. If the moving average line flattens out after a significant decline, or has begun to rise, and the price of the stock passes upward through the moving average line, it is considered to be a buy signal. The same holds true if the moving average flattens out or rises after the stock has passed upward through the moving average line.
2. If the moving average is still rising aggressively and the price of the stock falls below the moving average, this is considered to be a buying opportunity.
3. If the stock price is above the moving average, declines to the moving average but fails to go through it and starts to turn up again, this is a buy signal.
4. If the moving average is declining and the stock price falls under it too fast, it is likely to return to the moving average. The stock can be bought to profit from this short-term snap-back. It is generally best to wait for some sign that the downward momentum is abating or that it has actually reversed before the purchase.
5. If the moving average has been rising and then it flattens out, or if it is declining, and the price of the stock passes down through the moving average, it is considered to be a sell signal. The same thing holds true if the flattening out of the moving average or its decline occurs after the stock has passed downward through the moving average.
6. If, while the moving average is falling, the price of the stock rises above the moving average, this is also an opportunity to sell at a good price before the stock resumes its decline.
7. If the stock price rises toward a moving average from below, but fails to go through it and starts to turn down again, the resistance offered by the moving average is too strong for the stock and it is a sell signal.
8. If the stock price moves rapidly above the rising moving average line too fast, it is likely to have a reaction move back toward the moving average and the stock can be sold for a short-term technical reaction. It is generally best to wait for some sign that the upward momentum is abating or that it has actually reversed before the sale.
It is wise to use more than a moving average to define buy and sell points. Shrewd investors learn to use a variety of indicators in concert. It is also helpful if the stock's fundamentals are in alignment with the signal generated. For example, if the stock has given a buy signal, it is a big advantage if the stock is also undervalued. Following a discipline adds clarity and purpose to an individual's trading. It also enhances a person's resolve when emotions run amok and the circumstances create confusion and indecision.
Copyright 2009, by Stock Disciplines, LLC. a.k.a. StockDisciplines.com
Frequently Asked Questions
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QUESTION:
Where can I sell antique straight razors in Henderson/Las Vegas Nevada?
I tried Gold and Silver Pawn shop (from pawn stars on history channel) and they don't take them does anyone know other places I can go? I have been looking but can not really find anything so any help would be appreciated...please serious answers only thank you-
ANSWER:
NO market for this stuff.
Try ebay.
If the gold and silver guys will not purchse, the market is dried up.
Sorry.
I had some old WW2 knives and the gold and silve guys rejected them too.
Just what we think has value, does not to a real collector.
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QUESTION:
spice, spike, mojo or any others....NORTH LAS VEGAS?
are there any places that sell the "incense blend" called mojo, spice gold, spike 99 or anything of the sort in NORTH LAS VEGAS, you know the kind of herbs you smoke and get high?-
ANSWER:
try the indian or native american stores maybe there.
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QUESTION:
What should I do with Javon Walkers Jewelry?
Some guy in Las Vegas just sold me some great sports memoribilia of the great WR Javon Walker. I received his authentic wallet in mint condition and some of his gold chains with a certificate of authenticity.How much do you think it is worth? How should I display these great collector's items?
Stolen...what do you mean? What happen to Javon Walker???????????????????????-
ANSWER:
thats harsh dude.funny but harsh
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QUESTION:
Should I finance at this rate on this vehicle?
It's a 2001 Nissan Frontier with the Super-Charged 2wd Desert Package. A light green/ almost gold. Leather, AC, Sunroof, etc. 40,700 miles on it.
The loan they offer is 72 months, 14.8% Interest for 6 per month. 92 per year to total ,752 after 6 years. They are asking ,998 total for it. The car is through Carmax and the loan is Capital One.
I'm only 21 years old and started getting credit a year ago (Credit Cards and other accounts like that). The financing they are offering is easily payable but I don't want to get screwed on paying all that for an 11 year old car (after it's all said and done.)
The other option is to go to a local dealership and buy a Toyota Tacoma (They sell so fast in Las Vegas it's unbelievable.)The truck is going to be used for daily driving plus I am going to start a part-time lawn maintenance business here in town.
I appreciate the help, give me the best opinion on the rate and also any pros/cons about the trucks, you get 10 points.
If I can find a brand new vehicle, is it worth it to do that instead? I want a reliable truck.
I don't expect to be keeping the truck for more than 3 years seeing as I will have better credit in the future.
Will I be able to refinance to a lower year loan later on?-
ANSWER:
I also answered your question about "Toyota or Nissan" and, because I bought my 2005 Nissan this way, that worked very well for me, I'll pass it on to you too and hope that you have just as much luck with it.First of all, 14.8% is WAY high but, pretty much the norm for a 5 year old vehicle ( new vehicles interest rates are lower ). Shop online. Do your research on price and options. Then, apply online at;
http://www.capitalone.com/autoloans/index.php?linkid=WWW_0606_AUTO_01_HOME_R3_04_T_AC1
If you are approved, you could get a rate on a new truck as low as 5.99% and have a "Blank Check". With this, ( and having done your homework ) you walk into the dealership and tell the salesperson, you will buy the truck TODAY and pay CASH, IN FULL for 00 - 00 less than window sticker AND keep your rebates ! ( with your blank check loan from your Capital One Auto Finance loan ).Remember what I said about this having already worked for me ?
I walked into the Nissan dealership in March of 2005. The window sticker on my '05 Nissan Frontier NISMO, 4WD, V-6, 6-speed, Extended cab with 6 disc CD was ,800. I told the salesperson that I wanted 00 for my '98 Jeep Grand Cherokee ( with 100 K miles ) and would pay no more than ,000 for the truck, before my trade. Financing was already in place and I would be writing a check today if they agreed to my terms. 15 MINUTES later, I was filling out the paperwork.I had credit problems too and, was debt loaded ( First and second mortgage, payments on a new motorcycle and credit cards ) but, I still came out of Capital One at 7.25% for 60 months and 8 monthly payments. I've since consolidated ALL of my debt into a new Home Equity loan ( which, if youre a homeowner is an excellent way to go ) and everything is paid for.
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QUESTION:
Will Obama's rockstar power be enough to save taxpayer bank cheat Giannoulias from losing his old senate seat?
Obama’s Thursday afternoon campaign event for Giannoulias, the beleaguered state treasurer of Illinois, reportedly raked in million. Lagging behind his GOP opponent, liberal Republican Rep. Mark Kirk, Giannoulias has coveted one-on-one, grip-and-grin time with Obama for months. In addition to the cash, photo-ops and video of the Obama fundraising event that Giannoulias will milk from now until Election Day, the White House has dispatched Vice President Joe Biden, White House senior adviser David Axelrod and White House campaign management guru David Plouffe to boost Giannoulias’ bid. Plouffe proclaimed Democrats “all in” for Giannoulias, whom he described as “a great progressive champion.”Obama gave his own personal seal of ethical approval, telling deep-pocketed donors this week: “I appreciate his strong sense of advocacy for ordinary Americans. You can trust him — you can count on him.” Uh-huh. And I’ve got a bridge to Hope and Change to sell you.
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What would Giannoulias know about “ordinary Americans”? Giannoulias, 34, befriended Obama during pickup basketball games with an elite group that also included Michelle Obama’s brother, Craig; Chicago edu-crat Arne Duncan (now Education Secretary); and hedge fund manager John Rogers (the ex-husband of the Obamas’ ex-White House social secretary, Desiree Rogers). He spread his wealth and influence around early and often to support Obama’s fledgling political career. He pitched in ,000 in 2003-2004 to Obama’s Illinois State Senate bids. He hosted fundraisers for Obama’s U.S. Senate campaign in 2004 and for his presidential campaign in 2007.
Where’d the cash come from? Giannoulias’ Greek immigrant family founded Chicago-based Broadway Bank, a now-defunct financial institution that loaned tens of millions of dollars to convicted mafia felons and faced bankruptcy after decades of engaging in risky, high-flying behavior. It’s the place where Obama parked his 2004 U.S. Senate campaign funds. And it’s the same place where a mutual friend of Obama and Giannoulias — convicted Obama fundraiser/slum lord Tony Rezko — used to bounce nearly 0,000 in bad checks written to Las Vegas casinos. This week, the Chicago Sun-Times revealed an additional .75 million Broadway Bank loan to a Rezko-owned business in 2006. Giannoulias held an ownership stake in the bank at the time.
Giannoulias served as Broadway Bank vice president and senior loan officer for four years. According to the Chicago Tribune, during Giannoulias’ tenure, some million of Broadway Bank’s funny money went to mob crooks Michael “Jaws” Giorango and Demitri Stavropoulos. Giorango is a hustler who fronted a nationwide prostitution ring and was sentenced to six months in prison; Stavropoulos is behind bars for operating a multistate bookmaking ring. Giorango ran the 0-an-hour call girl operation out of high-rise luxury apartments in Chicago with the infamous “Gold Coast Madam,” Rose Laws. Giorango and Stavropoulos used their Broadway Bank loans to start their own risky lending business for nontraditional borrowers unable to secure traditional bank financing.
Despite Giorango’s criminal record exposed by the Tribune in 2004, Broadway Bank approved massive mortgages for him. Giannoulias’ brother, Demetris, explained that as a “relationship bank,” Broadway wouldn’t just throw someone under the bus because of a “bad article.” Instead, the bank went ahead and rubber-stamped a September 2005 loan for .4 million to buy a 32-unit Los Angeles apartment complex. The application falsely stated that the borrower, Giorango, had “not been convicted of a felony.” Giannoulias oversaw the servicing of such shady loans totaling million. Remember: He was no low-level staffer. He was, as he reminded supporters when he needed to deflect attention away from his youth, top management at Broadway Bank.
In January 2010, the bank entered a consent decree with federal and Illinois state regulators. It required Broadway Bank “to raise tens of millions in capital, stop paying dividends to the family without regulatory approval, and hire an outside party to evaluate the bank’s senior management.” The city’s former inspector general blasted Giannoulias and his family for tapping million worth of dividends in 2007 and 2008 as the real estate crash loomed. Broadway Bank was sitting on an estimated 0 million in bad loans. In late April, federal regulators shut it down. Cost to taxpayers: an estimated 0 million. Giannoulias refused to drop out of the race — and instead used the company failure to argue that it made him more qualified to serve in office: “I have a renewed vigor and a new perspective on just how horrible it is out there for so many people.”
http://giannoulias.nrsc.org/
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ANSWER:
No. Everyone is onto the crooked Chicago Machine now. Obama and the rest of those cronies are exposed now. people will be watching for the voter fraud. Watch for the smears though.
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QUESTION:
Pawn Stars show is scripted?
I have seen alot of questions and answers about the Gold and Silver pawn (aka Pawn Stars) in Las Vegas. First off the shop is real. But the show is not. Its a scripted show for entertainment. The people you see in the show are not real customers. I live in Vegas and I know everything about the shop. First off you could go there any day 7 days a week and there is a massive line of people trying to get in but if you watch the show you never see a line people and the shop is mostly empty. If Rick actually stood behind the counter when people walked in he would never get anything done. If you goto the shop the chances of actually seeing a member of the cast is very unlikely. Basically to sum it all up the stuff you see people buying and selling on tv is not real its staged and scripted just like other tv shows.
one other thing i forgot to add is the inside of the shop you see on tv is not the actual shop here in Vegas. They film the show in a replica shop thats why you never see none of the cast walking out the front door during the show. The scenes are always either inside or in the parking lot so the average person would never know the difference. They could never film the episodes in the actual Gold and Silver pawn with the amount of tourist that come to the shop everyday.-
ANSWER:
According to Rick, for privacy reasons, they have to empty the store of all other customers during a shoot. So if you see other customers in the store, they may be extras, or may have agreed to be seen on camera via a model-release.As for the scripting, that remains to be proven. Evidence?
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QUESTION:
lost expensive ring!?
Hey. So for my 17th birthday my mom's friend who is a jeweler gave me a very expensive ring from "Anita Ko" line. here it is..
http://www.jewelrypublisher.com/wp-content/uploads/2009/12/Anita-Ko-18-karat-Gold-Diamond-Panther-Ring-300x293.jpg
well we were on a trip to vegas and i spent the day with my mom and aunt and then i seperated from them and walked to another hotel to go to the bathroom where I realized it was gone. the last time i had used the bathroom i specifically remembered taking it off to wash my hands, so I sprinted all of las vegas blvd to go to the other hotel and see if it was there. no luck. i never told my mom any of this, and during the time i was searching for the ring i said i got lost in the hotel casino.
and she still doesnt know. it was such an expensive ring (I called up a store in LA that sells it...00!) and im terrified of telling my mom.. the thing is i lose everything, and Ive been trying to show my mom that ive matured (i havent lost anything valuabe or anything at all really in a year or two)
now were back from our trip and its been like 5 days since..
i feel so guilty. im not even comfortable around my mom, and I cant look her in the eyes.. i spent the last two days in vegas literally leaving our group to go to the bathroom just to ball my eyes out. no one knows yet though.. my mom thinks im getting sick cause i "look so tired" all the time. im so depressed.. literally every moment i feel like im going to cry. i havent left the house since we got back 5 days ago..
idk what to do. i need to tell her but idk how.-
ANSWER:
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QUESTION:
Dancing With The Stars, what do you think of the cast?
IN A SEASON OF SURPRISES, THIRTEEN NEW STARS WILL SHINE AS DANCING WITH THE STARS RETURNS FOR ITS SEVENTH SEASONThe Three-Night Premiere Event Begins Monday, September 22
Two Couples Will Be Eliminated During the First Week of Competition
Jonas Brothers and Jesse McCartney Perform on Dancing with the Stars: The Results Show, Wednesday, September 24
Jimmy Kimmel Welcomes Maurice Greene to Jimmy Kimmel Live Tuesday, August 26
It will be a season of surprises in what promises to be the biggest and most demanding season ever as thirteen celebrities take the ballroom floor on the hit series Dancing with the Stars, which returns with a three-night premiere event, MONDAY, SEPTEMBER 22 (8:00-10:00 p.m., ET) on ABC. Each week, all new surprises and twists await viewers. Season seven marks the largest cast assembled to date, the oldest and youngest competitors ever, and includes two Olympic Gold medalists, a Grammy®-winning singer, a television legend, an Oscar® winner, and a Super Bowl champion. Additionally, all four professional dancers who've previously tasted the thrill of victory return to compete against one another for bragging rights. Can one of them reclaim the mirror ball trophy?
For the first time ever, all thirteen teams must prepare two routines for the first week of competition, one of which they'll perform on Monday night. The judges will score the performances on Monday while the viewers cast their votes for their favorites. Only twelve will have the chance to showcase their second dance on TUESDAY, SEPTEMBER 23 (9:00-10:0 p.m., ET). In dramatic style on Tuesday's show, one couple will be eliminated as the remaining contestants perform their second dance of the season. The judges will score the dances on Tuesday and the viewers will once again cast their votes before a second duo is dismissed WEDNESDAY, SEPTEMBER 24 (8:00-9:00 p.m., ET).
As announced today on Good Morning America, in alphabetical order, the thirteen stars making their ballroom dancing debut are:
LANCE BASS - Lance Bass has sold over 50 million records as a member of the phenomenally successful pop group *NSYNC. He also executive produced and starred in a number of film and television projects. In 2002 he successfully trained to be a cosmonaut at Russia's Star City and was certified by both the Russian Space Program and NASA for a mission aboard a Soyuz capsule. Lance has also released his memoir, Out of Sync, for Simon Spotlight Entertainment. The 2006 U.S. Youth Latin Champ and 2007 World Swing Dance Champ Lacey Schwimmer teams up with Lance to make her series debut.
TONI BRAXTON - The winner of six Grammy Awards, Toni Braxton is a Billboard chart-topping singer and actress, selling over forty million records worldwide. Her U.S. number-one hit Un-Break My Heart is the second biggest single by a female artist in history. She has also appeared in two Disney Broadway shows: Beauty and the Beast and Aida. Dancing with the Stars marks her return to the spotlight after a six-month health hiatus. She teams up with season one champion, Alec Mazo, who returns for his fourth season.
BROOKE BURKE - A host, actress, entrepreneur and celebrity mom, Brooke Burke has truly done it all. She has graced numerous magazine covers, has her own top-selling swimsuit calendars, and is regularly ranked in men's magazines as one of the sexiest women in the world. Recognized worldwide as host of the hit travel series Wild On!, Brooke has since hosted several high profile network series, including Rock Star: INXS and Rock Star: Supernova. On the acting front, she has guest-starred on such television series as Las Vegas, Less Than Perfect, Eve, It's All Relative, The Bernie Mac Show, Monk, Rock Me Baby and That's Life. Brooke is a mother of four and recently launched her own babystore BabooshBaby.com, a site where she shares her secrets (and some products she used) to get back in shape after giving birth. Brooke teams with Derek Hough who returns for his third season.
ROCCO DISPIRITO - The James Beard Award-winning celebrity chef and author Rocco DiSpirito combines his world-class cooking with a passion for empowering home cooks. A graduate of the Culinary Institute of America, Rocco opened the 3-star Union Pacific in New York City in 1997. In 2003 he launched Rocco's for the reality series, The Restaurant. Rocco will next appear on the A&E series, Rocco Gets Real, beginning in October, along with its companion cookbook, Rocco Gets Real: Cook at Home Every Day. He teams with Karina Smirnoff who returns for her fifth season. Karina teamed with R&B singer, Mario, last season.
MAURICE GREENE - The winner of two gold medals, in the 100m sprint and the 4x100m relay at the 2000 Sydney Summer Olympics, track star Maurice Greene was dubbed the "World's Fastest Man" during his career. In addition to being the former world record holder in the 100m sprint, and winning multiple world championships, he also won silver and bronze meda
KIM KARDASHIAN - Actress, model and reality television star, Kim Kardashian shot to stardom after the first airing of her hit E! reality series, Keeping up with the Kardashians. The series follows the exploits of Kim, her siblings, her mother Kris, and her stepfather, Olympic Gold Medalist Bruce Jenner. Kardashian recently completed her first feature film, Disaster Movie and will also be seen on The N's series Beyond the Break. She teams up with defending champ, Mark Ballas, who returns for his third season.CLORIS LEACHMAN - Actress Cloris Leachman's storied career has been recognized with nine Emmys®, a Golden Globe, and an Academy Award®. She has the distinction of being the only woman to win eight Primetime Emmy® Awards and one Daytime Emmy®. Leachman has starred in a wide range of theater, television and motion picture projects, creating such indelible characters as Phyllis in the TV series Phyllis and The Mary Tyler Moore Show, Frau Blucher in Young Frankenstein, Nurse Diesel
CODY LINLEY - Cody Linley will be the youngest contestant ever to compete on Dancing with the Stars. He is best known for his role as Jake Ryan on the wildly popular Disney Channel series Hannah Montana, a role in which he was nominated for a Young Artist Award. also helped the show garner an Emmy nomination for Outstanding Children's Programming. Cody's film credits include My Dog Skip, HOOT, Miss Congeniality, and Cheaper By the Dozen. He teams with two-time Dancing with the Stars champ, Julianne Hough who returns for her fourth season.SUSAN LUCCI - As the most famous face in daytime television history, Lucci has held audiences spellbound for years as the sexy, sassy, beautiful woman you love to hate, Erica Kane on All My Children. In May 1999, all of America stood and cheered when Susan Lucci won the Emmy® Award for Best Actress. While competing on the show, she will continue her work on All My Children, and celebrate her 10,000th episode this November. In addition to her per
MISTY MAY-TREANOR - Beach Volleyball champion Misty May-Treanor and partner Kerri Walsh captured their second Olympic gold medal at the 2008 Beijing Summer Olympics and became the first team ever to repeat as back-to-back champs. The victory also marked their 108th straight match win. Misty and Kerri were distinguished as AVP Team of the Year for four consecutive years (2003 through 2006). Misty was also named Most Valuable Player in 2005 and 2006, Best Offensive Player in 2004, 2005 and 2006, and Best Defensive Player in 2006. She now joins a new teammate, Maksim Chmerkovskiy, who returns for his fifth season.TED MCGINLEY - Actor Ted McGinley's extensive television credits include Married&with Children, Hope & Faith, Happy Days, recurring roles on the critically-acclaimed series The West Wing, Sports Night, Charlie Lawrence, Dynasty, and The Love Boat. He has also starred in such films as Pearl Harbor, Daybreak, Dick, Major League: Back to the Minors, Wayne's World 2, and the cult
JEFFREY ROSS - Comedian Jeffrey Ross a.k.a. the "Roastmaster General," has delivered numerous show stopping performances at celebrity roasts honoring the likes of William Shatner, Hugh Hefner, Donald Trump, Pamela Anderson, Bob Saget and Emmitt Smith, inspiring New York Magazine to crown him The Meanest Man in Comedy. As a comic, Jeff has appeared on several late night and morning shows Jimmy Kimmel Live, The Tonight Show with Jay Leno, and The View. Jeff's other TV credits include Weeds and C.S.I. He has also appeared in such films as the Farrelley Brothers' Stuck on You, and the critical sensation, The Aristocrats. Jeff continues to tour regularly. He teams with Edyta Sliwinska, who is the only pro to compete in all seven seasons of Dancing with the Stars.WARREN SAPP - Recently retired defensive tackle and Superbowl Champion Warren Sapp played for the Tampa Bay Buccaneers and the Oakland Raiders during his 13 year career. His 96.5 career sacks are the second-highest career total
http://abc.go.com/primetime/dancingwiththestars/index?pn=announcement-
ANSWER:
I can't wait to see susan lucci, I think she is beautiful and will make a beautiful dancer. I am an all my children fan. susan is so petite and light it will be easy for her partners to pick her up and swing her around. she is my favorite to win.
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QUESTION:
Who won the Super Bowl (Facts Inside)....?
Even though he’s a mere 16 years old, Justin Bieber has accomplished a startling amount in his young life. He has conquered the record charts, become an unparalleled Internet sensation, and claimed the hearts of seemingly every pre-teen girl on the planet. This weekend, the pop wunderkind and his perfectly coiffed hair seems set on conquering the box office as well with his 3-D concert movie “Justin Bieber: Never Say Never.” To mark the occasion of his possible total world domination, we’ve put together some facts you might not know about the Bieb.-- Bieber was born on March 1, 1994. He shares a birthday with composer Ke$ha, Roger Daltry, Frederic Chopin, Harry Belafonte, and Lorenzo de’Medici.
-- In 2007, Justin Bieber entered a talent show in his hometown of Stratford, Ontario, and came in second. When his mom posted his performance on YouTube, he got the attention of producer Scooter Braun. Soon fame and fortune followed. No word on what happened to the guy who actually won the talent show.
-- Justin Bieber’s music video "Baby" is the most viewed video on YouTube, clocking in, as of this writing, at 457, 701,649 views. That’s more than the population of the United States and Russia combined. At 914,000, it’s also the most "disliked" video on YouTube.
-- Justin Bieber’s net worth is about .5 million (and that’s bound go to up in the coming months). With that much money, he could buy approximately seven Faberge eggs, six 24-karat solid gold toilets, or a 29-year stay in the most expensive room at the Bellagio Hotel in Las Vegas.
-- Justin’s signature hair style, which has been called The Swoop, The Shag, The Fringe, or simply, The Bieber, has inspired a generation of teenaged boys to obscure their eyes with their bangs. Vanessa Price, the stylist who invented his signature ‘do, claims that the teenaged pop star’s hair is “like silk.”
-- Justin Bieber reportedly uses up to 3% of Twitter’s traffic at any given moment. According to Klout.com, which measures these sorts of things, the Biebster has greater online influence than President Obama and the Dalai Lama.
-- The Biebster has hobnobbed with President Obama three times in the past year and a half. He sang his mega-hit "Christmas in Washington" special, and was invited to the White House Correspondents Dinner along with his date Kim Kardashian.
-- Justin Bieber sells his own brand of nail polish for Nicole by OPI. The line, called the "One Less Lonely Girl" collection, was inspired by hits by the pop idol. Shades include Prized Possession Purple, Me + Blue, and Step 2 Beat of My Heart (which features heart-shaped glitter).
-- Bieber is reportedly terrified of elevators.
-- Justin Bieber currently stands at 5’ 3” tall. You would need 240,252 Justin Biebers stacked on top of each other to reach the moon. But it only takes one to reach the stars.
Justin Bieber also shaves. Really. In the video below, exclusive to Yahoo!, he talks about shaving, losing that talent show, and his upcoming concert movie.
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ANSWER:
surehttp://www.youtube.com/watch?v=5zd6wSb032g
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