5/8/2009 6:03:16 AM Dear Journal: I guess I need to write another blog to you my Lord. Yesterday my day was going just fine until right before bedtime. I get a phone call from Kim, another hate filled call ordering me to do this and do that with my blog. Dear Jesus, I need your help my Lord. What’s a grown man to do? The hardest thing to do in life is sometimes repair relationships. Dear GOD, please help me patch up my relationship with my #1 son! I love my son dearly. I just want my son back in my life. I’m writing this with s sadness of heart my Lord. I just made a video about 4-5 hours ago. I promised myself NOT to write words like “evil” but that’s how I feel right now towards a certain family member. I am asking to take this anger away from me my Lord. I am VERY ANGRY. My prayer is to be able to scratch off my hand written bucket list. That’s my ongoing prayer my Lord. You promised us that you’ll answer our prayers my Lord. Speaking of prayers yesterday was a National ...
Good Afternoon Myron!
ReplyDeleteI remember my first venture with "day trading" back in the first week of September, 2008. Of course, for the "News Playing" approach to day trading, there's quite a bit of background history involved - the December 23, 2000 article in the Milwaukee Journal Sentinel (buyout offer to Gehl), the February 25, 2001 article in the NYT Business section (hostile takeover of Gehl), etc. But it's only by keeping your eye on these news pieces that you finally can collect a gem - the Bloomberg Business Wire post on - I believe it was Monday, September 8, 2008 shortly after 7:45 AM - stating that Manitou BF (the largest Gehl stockholder and the world leader in Gehl's line of business) was set to acquire Gehl Inc. for $30 per share (Gehl had closed at $25 in the previous Friday's trading). This meant that as a casual, at home day trader, if your computer program was quick enough, you could invest the legal minimum amount in your day trading account ($25,000) and if you had a 25% margin, then purchase $100,000 worth of Gehl stock (4000 shares). And, by the close of that day's trading, your increase would amount to close to $20,000 (because you are on margin, you have to exit at least half of your shares by the end of the trading day, but if you are likewise following one [or more] of the other approaches to day trading [trend following, contrarian investing, range trading, scalping, rebate trading, price action, artificial intelligence, etc.], then you would be gaining / losing in those approaches throughout the trading day as well).
And, Google Finance is a real boon with its "News," "Related Companies," "Historical Prices," and "blog discussion" links. And, when you catch a "hot one" just click on their "Watch this stock" link!
All in all a fun time is had by all - especially when you hit a gem!
So, wish you well brother!
Over and out for now . . .