I sold the last piece in my portfolio, HRB, today for 11.37$ a share. Gain is 5.2%. Markets are crushing today, as I foresaw. After another couple percents of a pull-back, I might start buying again. I have no shares currently:) If you have bought and sold as I did, most likely you did a killing since I started this blog. I am not making millions yet (!), as my capital is very tiny to start with. But it will happen before I am too old (I wish).
Yesterday, after a hard day at work, I was at home resting, and doing what I like to do the most lately: reading the Yahoo Finance forums! I have no intention to grasp any trading techniques or get any stock picking tips from them. However, I am very interested in the psychologies of the traders, manipulators and spammers. I believe that around 30-40% of these people are real people that trade and have intentions to share their trades. They are looking for some kind of an approval at the forum, as they put some thousands to some investment (!). Most likely they believe that some will read their post, and decide to do whatever they did. They always have millions of non-sense to talk about; like the how well the product is selling at the next door retailer, or the "insider" hints they have heard from their friends' friends... I personally really worry about most of them. In my opinion, they are just gamblers that sucked up into the world of legal gambling. If somebody asks, they can even claim that they are "fundamentalist" investors.
Short note: I got some MI from 6.01$ a share at the end of the day. It is not an A grade short-term investment (more like BA), I expect the returns in 4 weeks for this one.
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