blockbuster

what should i do with these earlier posts? should i leave them here, or try to migrate them somewhere more appropriate? some or all of them are just silly. i'm trying to take a much more careful approach to posting, going forward.

i ended up with, as of this update, 2,500 shares of BLIAQ, for which i payed about .12 cents a share. i made the trade based on an idea, that certain very low priced stocks will eventually spring to life, becoming, very rapidly, high priced stocks, and making anyone who bought them at very low prices instantly wealthy. but i shouldn't have so much money in this, obviously. i put in about 10% of my funds. or 5%. ok, from one perspective, that's not so bad. i can make that mistake a few times, and maybe get lucky and end up even. i even have a chance to succeed.
but i'm trying to do a much more careful kind of trading, today. BLIAQ (formerly BLOAQ) still qualifies for trading - i just took a look at it - a fairly subjective assessment with a lot of risk in it - but i'm interested.

updating, 3-27-12

Breakout! I'll likely place an order after tomorrow's trading. (BLOAQ)

FFI. Down! I was ready to buy a hundred shares, but didn't ... I did feel it should be going down. Yes.

Placed order for FUQI ... yes ... based on 1 minute chart, basically at the close, which is IDEAL. 200 shares at 5. This REQUIRES I place a stop tomorrow for low risk trading.

And then placed an order for BLOAQ, again, at the close, limit order, 5000 shares at .145. Very happy with this. Of course, requires a stop after the close tomorrow.

back

fuqi has broken out of a 10 day pattern on the downside, this morning ... but it's still within the parameters of my prediction ... maybe this will be a spike low, on the daily chart ... i'm not in a hurry to buy today ... but i might

blockbuster is going to rally from a low later today of 11 cents to 44 cents in a few days, then we'll probably sell it ... if you want to buy a lot of it, and you get it at .11 cents, your stop loss is 10.5 cents (.105) ... there's, i suppose, a fair chance you'll be stopped out for that small loss, but i say there's also a fair chance you won't, and you'll quadruple whatever you invest

trading ethics

we ARE investing in tomorrows prosperity ... entrepreneurs around the world are developing complex, massively crafted products of every description with the support of working investors ... a certain portion of the great human population understands this more or less well and relies upon it, as investors, for a financial foothold in the shifting sands of time ... they invest, the products are created, the people generally acquire these artifacts of abundance, art objects, rich with symbolism and ceremony, the investors achieve a fine return ...

great companies aren't hard to find ... the key is to buy cheap

i would look at the post from February 1 with an attitude of caution. do this: get today's 5 day chart for fuqi, and the 6 month chart, and use printscreen to save them ... you have to paste them into something ... a picture editing program ... microsoft picture editor? ... apple must have something ... then save them as, say, stocks00001, stocks00002. now you have them for future reference.

rallied yesterday, a tiny pattern breakout, quite decisive ... back down to the breakout line, today ... a good buying price, really, but i don't have a stop lined up, so i'm only going to buy, um 20 shares ... at 5.10 ...

some more development in this reversal in the bottom on the near term daily chart would be nice, and i DO expect to see more buying signals ... LOWER PRICES IS ALSO A POSSIBILITY ... I CAN'T RECOMMEND BUYING A LOT AT THIS IMMEDIATE JUNCTURE ...

djia

djia ... 2 1 2011 ... the high, here, is 12k ... i've been predicting for two months that we're headed to 14k, at which point i expect to see some kind of reversal ... activity in the near term shows no sign of a reversal of the uptrend ... a slight pause is expected, and seems to be setting up now, but after that prices should continue upward ... sort of into mid-year ...

a larger reversal would cancel the 14k prediction, and 12k would become the new upper attractor ...

keep in mind: predictions are inherrently unreliable ... we're looking for specific situations in specific stocks - or in the market - that act as decision points, as discussed previously ...

liveblogging

thought of one reason the unsecured network is not safe for e-mail: there are passwords in some of the messages (and correspondent addresses, etc.) ... and someone might be able to link to the inbox ... here's what to do about it: save all messages - i'm going to do it by printing the screens and saving them in an email folder as email000001, email000002, etc. ... ... ... THEN DELETE THE MESSAGES ... then, if someone gets into the in box, there's nothing in there to see ...

at barnes and noble, the guy gave me my sandwich, said, with exagerated politeness, enjoy your sandwich, and then i heard him mutter, behind me, and behind the coffee maker, "enjoy your terrible sandwich" ... he was a frenchie, and had taken a dislike to me because of my uncoolness ... i could hear him after that being really polite to a bunch of customers in a row ... the thing is, my sandwich was excellent ... sorry, guy, you're being silly ...

then it was off to get a key made, and to get gas, and home to a little party, and work on the stock posts, and getting organized for our trip, which is all driving me nuts ...

this morning, zipping from one thing to another, frigid temperatures making all outdoor activity quite a trial ...

liveblogging

apparently, if i surf over an unsecured network, anyone with the right software and hardware in range of my radio can watch what i'm doing. the question is (because i don't care if they watch), can they hack my account. i'm guessing no, but i don't understand it.

noone can read what's on my screen, right? they can just read what i transmit. now, it's true i could information that could be used to hack into my account, as part of a message, but i can be careful about that. i guess the question is, could someone, say, post something on my blog, by impersonating my connection to a web hosting site?

more ... they would have to send a transmission with all the characteristics of my own transmissions ... can web hosting tell whether such a transmission came from me?

the really bad possibility is that someone would send a transmission that would change setting on my account ... my password, for example ... and, it's true, web hosting seems to ask for my password - transmitted over a secure connection - when i try to access that kind of thing ... so, really, REALLY, it's probably safe to blog, even do e-mail, over an unsecured connection ... the worst that is likely to happen is someone posts things, which i can then remove, if necessary ... RIGHT?

i want to generalize this a bit ... what if someone wants to really do business over hot spots (and why am i asking that? because i've been experimenting with a wireless data plan, and it kind of sucks) ... transmit and receive documents that way, access communications, etc.? what are our options?

polygraphic pages

so, my pages each have an image, and some zones of text/links

and a forward button

the forward button links to a new page

what's an efficient way to create dozens of new pages?

i want to use php to create them ... can't figure it out

give it a list of images

then it writes a file for each one

symbols next to each image in the list tell php what else to include on the page

jukebox

i want my web sites to be jukeboxes ... how?

computingissues

if you roam around and blog, i want to know how you connect to the internet and blog hosting

liveblogging

i'm on the unsecured network!!!!!!!!!!!hot spot surfing!!!!!!!!!!!!!!!!!!!
listening to interview on mixergy ... but virgin data isn't working!!!!!!!!!!
starbucks, 11d, chsbgl, dnt, cfy
staples, ear buds, 9.99
scottrade, getting self back into account after screwup
9ish get but in gear, head out ... cooooooold
got up reasonable, read paper, k off for work, slide into kotatsu, cat crawls on top of me, sleeping
30 degrees this morning ... very wintry for tempe

fuqi

You can't really see that the blue bar is blue, yesterday's trading, but you can see that it is short, and nestled low against a longer bar from the previous day, and that all this is happening as we approach an earlier spike low, after a wave which was steep on the up side, and which has been gradual and orderly on the down side ... nice! It's really tempting to place an order above yesterday's high. I also think it's a little premature ... but just a little. (I'm glad it's premature because I'm locked out of my account and can't place a trade until I get down to the Scottrade office ... but these trades often give you several chances to get in, which is just one of the nice things about them.) ... ... Based on the long term pattern, which mirrors this ultra short term pattern TWICE!, this trade should be ready to go. What I expect is a little jump up - which would trigger our buy stop, and then, at some point (in the next few days) another short bar, which would be another trading moment. Of course, a couple of weeks back I was predicting lower prices, but now I'm not. But it doesn't matter, really .... this stock is going to do something, and we're going to get in with very limited risk, so even that last prediction doesn't "need" to be accurate.

You have to understand the trade, and in order to do that you have to start with you're account. Let's say you have $500 in your account, available for trading, and just that. You could have more, or a lot more, but $500 is an amount almost anyone can swing. (Or, you could start with less, even just $100.) The point is, this money is at risk. It's not your retirement money, it's not your kids' college money, it's not your reserve funds, it's your trading account. And you don't need a lot, because you intend to make it grow fast. But, you also could loose ALL of it. You're preparing to take that kind of chance. You plan to minimize the chance of that, but you can't eliminate it. Now think about this: we're planning to buy stocks that have been making huge swings in price ... on the DOWN side. These are panic situations, and the market is being excessively, even wildly, conservative, refusing to buy even at the lowest prices, with no real reason to be that extreme ... but there is a reason ... it's hard to tell what's going to happen in the kinds of situations these COMPANIES are in.

The upshot is this: we're going to look at these situations very, very carefully, and we're going to use every bit of strategy we know to buy EXACTLY WHEN A DECISION IS BEING MADE. But we won't actually know the decision has been made, when we're buying. So, after we buy, we're going to continue to watch the situation very closely, and, if there's a question about whether a decision was actually made, we're going to sell.

The thing is, we're going to sell, in those latter situations, at a price just below the price we bought at ... or that's our plan. (That's the plan that could fail and cause our losses to increase, but I think you will agree, as you study these trades, that that is fairly improbable.) It's very easy, actually, for us to tell that a decision wasn't reached, because, if prices reach our stop loss level, we'll sell. We are counting here on one thing alone: that, with a decision having been made, and our purchase made at the decision price, prices will now go up and only up. And they'll go up a lot, because of the panic nature of these low prices.

And then, we're going to go all in, when we go in. If we have $500 in the account, we'll place our BUY STOP to buy $500 worth of shares, or, maybe, $400, or $450, because we don't actually know what we're going to pay, with a STOP ORDER. But, if our stop is triggered, we'll buy somewhere around $500 worth. (What happens if the price jumps? We could end up owing money. Would it be possible to end up owing tens of thousands of dollars? There could be situations in which that WOULD be possible. We can make some assessment about it, and if we were to get into such trouble, we could probably reach an accord with our creditors, but, actually, we can also do something to ELIMINATE THE RISK (of a buy stop). That would be watching the market during the day, and using a LIMIT ORDER to place our trade when there's an actual intraday buy signal. THE THING IS, THIS SYSTEM MAKES IT REALLY EASY TO WATCH THE MARKET DURING THE DAY. WHY? BECAUSE YOU'RE ONLY WATCHING ONE STOCK. YOU'VE PICKED SOMETHING FANTASTIC, NOW GIVE IT ALL YOU'VE GOT. HA HA. ALL OUR EGGS IN ONE BASKET. BUT WE PICKED A VERY GOOD BASKET, AND WE'RE GOING TO WATCH IT VERY CAREFULLY. AND ONE BASKET IS EFFICIENT.