Wednesday, November 26, 2008

About Time....

Sorry for no updates recently. Back on task. The market has been on a nice upswing recently. The market has likely gone up the past few days for multiple reasons such as hopes on holiday sales bringing in big profits as well as a possible bottoming out around 7,000, previously. A nice forum to share trading advice and information is Scottrade's community.




Just a random update, AOG is now bouncing between .07-.055. A pretty good profit margin. I think AOG will go back up to .08 soon. That is just my belief.

Just a disclaimer, I am not a professional or licensed trader. These are simply my opinions.

WIWS

Sunday, November 16, 2008

Big world

Hey,

The Penny Stock BlogThe Penny Stock Blog: stock picks, message boards and live trading chatroom. Visit our investor links area.

Just an interesting site I found. It is important to get more than one point of view before investing. Blindly investing is a dangerous pitfall. This site has some helpful information as well as links to other helpful sites. Enjoy!

WIWS

Saturday, November 15, 2008

Pattern to the Madness?

A tea party.......

The market closed at 8,497. Impressive. After the 500 point surge it dropped 300 points. Not good, obviously.

An interesting stock I found, CNR. It keeps going between $0.09-$0.11. A small margin but it can still bring in profits.

This is more of a rant than anything else.

.........with the mad hatter.





WIWS

Friday, November 14, 2008

Profit Day?

Power 10....

The market opened up around 8,700 and is currently down 189 points.

AOG is going between .06 and .07.

AAC hasn't moved.

AGT has gone between .137-.147. Not bad.

BCON is at .80.

This is just a quick update of the previously mentioned stocks. I will look into them more as the market progresses today.

......for the lion's den.

WIWS

Thursday, November 13, 2008

Race

On your marks, get set,……….

So I have moved this to a .com address after having to fiddle around with the DNS for a while. That was exciting. Anyways.

The market did go below 8,000 today. The stocks I mentioned earlier fluctuated a little bit.

AOG went between $0.055 and $0.085, a nice profit margin. I would suggest buying in around $0.057 and $0.06.

AAC went between $0.03 and $0.04, another nice profit margin, as long as you have a large number of shares.

AGT is stumbling a little bit, I would watch that one closely, and it may jump back up to $0.15, from $0.1343.

BCON had an impressive range of $0.75-$0.85. This large fluctuation is ideal when buying in high volume. If you invested $1,000 at the lowest point and sold at the highest, you made $84 after taking into account commission. Not bad.

I am holding high hopes for tomorrow. After the market rallied in the last hours it was open, closing up +500 points, tomorrow should be exciting. I don’t know what to expect, I hope that the stocks I bought for cheap today should be worth more tomorrow.

………..GO!




WIWS

Changing

In the process of changing to a new host.

Quick Update

So far today has been interesting. The market went below 8,000 for a little bit. Just a quick update, AOG is around .06. A good buy I believe. Buy it at .06, then with the fluctuations put in a sell order for .08 (it has been hitting these two points quite a bit recently). Taking advantage of this fluctuation is a quick way to make a quick profit.

WIWS

Wednesday, November 12, 2008

The Plane Went Down

When in a nose dive….

The market closed down 400 points, amazing. Bad news if you were holding, good news if you are looking to buy in. Good news to those that want to buy in because everything got a lot cheaper today. I would suggest waiting to see how tomorrow morning goes, if it continues to drop, I would set an exceptionally low buy in point. If the market turns around, be prepared to change your buy in point and sell on the upswing of tomorrow (I predict a short lived upswing). Overall tomorrow is going to be interesting, the market got a lot cheaper and there are still profits to be made, you just have to know where to look.

Here are some cheap stocks I would suggest taking a look at. By chance a lot of them start with an A.
AOG
AAC
AGT
ANX
BCON

……..be sure to have a parachute.



WIWS

Disclaimer: These are not recommendations to buy or sell. Invest at your own risk. Where Is Wall St. is not responsible for your own decisions.

Tuesday, November 11, 2008

Interesting Books

When the sharks are all around…….

There are obviously different types of traders. The most common thought of traders are the long-term traders, who usually hold for years. Another type of trader is the short-term trader, who holds from a couple days to a couple months. The last type of trader that comes to mind right now is the day trader.

The day trader makes money by buying high volume of stocks that fluctuate, not by dollars or even cents, but by half-cents. This doesn’t seem logical at first, but remember the key is in the high volume. In order to invest in high-volume, you have to have a large investment capital. For those of you that want to try day trading, but on a smaller scale, try starting out with $1,000 (not counting money for commissions) and looking at a similar price range of the penny stocks mentioned earlier.
Once again I don’t advise jumping in blindly, so I have looked up a couple books I found helpful.





http://search.barnesandnoble.com/A-Beginners-Guide-to-Day-Trading-Online/Toni-Turner/e/9781593376864/?itm=4


This is also an interesting read.




http://search.barnesandnoble.com/The-Guide-for-Penny-Stock-Investing/Donny-Lowy/e/9780738834801/?itm=1




…………..be sure you are in the cage.

WIWS

Monday, November 10, 2008

Building It Up So It Can Fall Down.

This is more of just a rant than anything else.

The Dow closed with a loss of 71 points today. If you were holding, then, that is bad news. If you were looking to buy in, it is good news, since everything is becoming pretty cheap.

A penny stock is quite volatile—bittersweet news. The bitter side being that if you buy too high and it plummets, you lose a lot of money. The good side is that if you bought in at the low side you could sell relatively quickly as it shoots up. In this stock environment, the penny stocks are fluctuating wildly. All that matters is when you buy in.

I would suggest practicing on a stock simulator before going into the actual market, as well as reading up on the market. Investors Business Daily is a good source of information.

That is my $0.02

WIWS

Disclaimer: These are not recommendations to buy or sell. Invest at your own risk. Where Is Wall St. is not responsible for your own decisions.

Saturday, November 8, 2008

Rollercoaster

One risky ride.

The stock market has been going crazy recently. The market had a pre-election rally, followed by two consecutive days of negative closes. It seems as though people will only lose money. With such an unpredictable market, is there money to be made? Yes. For the riskier investors, this volatility is actually a goldmine. To make profits fast in this volatility, I have been looking at penny stocks. By no means do I mean to invest a large sum of money. Instead, simply invest a couple hundred dollars into some penny stocks that are fluctuating and try and buy in at the bottom. For instance, buying into a stock at $0.03 and selling at $0.06, you double up. Take that newly earned money and diversify in penny stocks.

Take this scenario, with a portfolio starting at $200.

Buying 4750 shares AOG at $0.04, spending $198 after commission, where it was for the last week in October. Selling the shares at $0.12, where it was this previous week, ending with $562, after commission is taken into account. Then take the $562 and buying 13, 500 shares of JDO at $ .04 then selling them at $0.07. After commissions, the new balance is $929.
The portfolio went from $200 to $929 in a matter of a few weeks. Not bad for such a bad market. The money is not guaranteed and the investing climate is quite risky for penny stocks. With such high risks come high rewards. It all depends how much of a risk you want to take.



One thing is obvious; the present market is one fun ride.

Disclaimer: These are not recommendations to buy or sell. Invest at your own risk. Where Is Wall St. is not responsible for your own decisions.

Thursday, November 6, 2008

Opening

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