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Teacherman1 (49.23)

Got me a Green Cap

Recs

17

August 12, 2010 – Comments (3)

I have now managed to get my accuracy rate down to the 7th percentile.

I sure am glad I am doing better in real life than here.

Lately I have become more of a "trader" than an investor, and my CAPS picks just can't be opened and closed as fast as I can buy and sell. 

Sitting about 25% in cash right now, waiting for the Friday ride to start. 

Hope you are all having a great time riding this "roller coaster" of a market.

Dow at 5,000 by year end, or was that 500?

Not sure what year, but heck, in the "digital age", one or the other is bound to happen at some point.

The market could go up, or it could go down, because the economy is recovering, or it is double dipping, or someone with a real fast and real powerful computer is crunching numbers faster than rabbits reproduce.

Have a great day tomorrow, enjoy your weekend, and don't worry too much about what's going to happen. I guarantee, that what ever we think it will do, we will all get some surprises along the way. 

 

 

3 Comments – Post Your Own

#1) On August 12, 2010 at 8:13 PM, truthisntstupid (95.55) wrote:

Teacherman

As you have guessed before, I've always done better in real life than here.  This is just an amusing pastime.  I suspect a lot of people do better in real life than they do here...and some may do significantly worse.  (worse is right...right?  I don't think it's worst)

I bet you're doing very well in real life.  Sounds like it...although quick profits aren't my style, I'm glad you're doing well. 

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#2) On August 12, 2010 at 10:14 PM, HarryCarysGhost (99.78) wrote:

Teacherman,

Hope your having a great week.

I will say that I reverted more towards Investor rather than trader.

Mr. Market seemed high at Dow 11,000, so sold all my trades. Held my investments. If the time comes where I feel the market is undervalued back to trader mode.

One thing I do possess is patience.

Have a great weekend.

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#3) On August 13, 2010 at 3:40 PM, EnigmaDude (98.05) wrote:

Congrats!  Well deserved.  Keep on keeping on!

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