Заметка 15 July
Something I stopped sitting in stocks, cover profitable positions without letting them grow. I will try to move only the stop in the direction of travel
Great financial scandals
The case of Bernard Madoff was a real bombshell for the media. The biggest financial scandal in recent years. Person, who was fully trusted, in fact, turned out to be an ordinary fraudster. Truth, the word "ordinary" is not quite right here. Though, Madoff's scams amount to about 65 billion dollars. However, Madoff is not alone. There are many examples of financial fraud in history. How large, talked about all over the world, and very small, which have not even outgrown the local level. Today we will talk about the largest financial fraud in history.. Charles Ponzi God, when it became known to the public: about 1920 Approximate losses: 20 million dollars (adjust for time, then it was a lot)
John Rockefeller Quotes
Business growth – it's just survival of the fittest. The American rose can be grown in all the splendor of its beauty and fragrance., which will delight those who contemplate her, only mercilessly cutting off weak shoots around her. This is just the implementation of the law of nature and the law of God. Charity is only useful if, if she helps you gain independence. Your well-being depends on your own decisions. Дружба, business-based, better, than business, friendship-based. Ability to deal with people – this is a commodity, which can be bought in the same way, how do we buy sugar or coffee… And I will pay more for such a skill, than anything else in the world. You need to joke and borrow money suddenly. Who works all day, No time to make money.
Warren Buffett's aphorisms (part 2)
Even if you are very talented and make a lot of effort, some results just take time: you won't get a baby in a month, even if you make nine women get pregnant. Company executives have no capital allocation skills… Let me give you a slightly exaggerated comparison.: such leaders are like a gifted musician, whose career does not end at the Carnegie Hall stage, and in the chair of the chairman of the US Federal Reserve. Success - when people love you. You know, We have an old Polish Holocaust survivor in Omaha. She survived because, that people were hiding her, Fed, cared, defended, risked their lives. They did it because, that she was loved. When people love you, this is the biggest success of your life.
Got myself Twitter
I decided to try to pee on Twitter, I think it's useful to take notes while trading. I'm just getting used to it… http://twitter.com/good_trades
The market is moving slowly to the right
Yesterday and today the market stubbornly moves to the right, but not up or down. Everything is worth it and there is nothing to trade, I don't like these days, only money can be lost ...
6 July
Intraday : Caterpillar Inc. (Public, NYSE:CAT) Sector: Capital Goods > Industry: Constr. and Agric. Machinery Selling CAT at Opening Price, to continue the down trend of the previous days. I went down to 30C and turned around. General Mills, Inc. (Public, NYSE:GIS) Sector: Consumer/Non-Cyclical > Industry: Food Processing Bought after breaking through the daily high, bought in addition before the downtic and went out count flat.
Notes 4 July
I practically did not trade in the previous week, June is useless, it is better to wait for Earnings and market activation. How the volume and movements will appear in the market, it is necessary to sharply increase the size of positions While trading small positions and reduce the loss limit by half or by 2\3 With the onset of Earnings'a I will give all my best on 110% because. it will be a chance to make money on 3 months of money, beat off minus in June and survive August. July I will make the best month, I will earn in 3 times more than in April. Write the results for June on Monday, they are not comforting.
Russell Rebalances – annual update of the Russell index
Russell's popular Russell index will receive its annual update, event, which has historically caused significant market volatility in the dozens of affected stocks. Every year on the fourth Friday of June, the Russell indices are updated 1000, Russell 2000, Russell 3000 and other Russell indices. (FTSE Russell warns investors, what they should expect.) The day of Russell's annual update has often been one of the days with the highest trading volume of the year, Largely thanks to institutional investors and funds, that track Russell's indices, adjusting your assets, to reflect updates. This year, the Russell US Index will be updated before the market opens 27 June.
18 June 2009
Intraday : There were no normal trades that day, something didn't go my shares far ... Abbott Laboratories (Public, NYSE:ABT) Sector: Healthcare > Industry: Major Drugs I bought after breaking through the high and sat 2 hours almost, but never did anything. Baxter International Inc. (Public, NYSE:BAX) Sector: Healthcare > Industry: Medical Equipment and Supplies Bought after breaking through the high of the day, to continue the trend, but there was a false breakthrough and she turned around. Quest Diagnostics Incorporated (Public, NYSE:DGX) Sector: Healthcare > Industry: Healthcare Facilities