Sunday, December 12, 2004

Survivor Winner

Congrats to Chris for winning Survivor! I thought he played the game extremely well. The odds were stacked against him. And thanks to his great talent in telling people what they want to hear (the BS factor) ...he now has a million dollars to spend. What would you do with a million dollar landfall?

I would take care of the normal things....house, debt, family, etc. But, allocate some travel money for two things:
  1. Hawaii - my wife has always wanted to see Hawaii and take the helicopter ride and just have the full experience.
  2. Alaska - I've always wanted to fly into a remote log cabin on a mountain lake. Fish for trout, salmon, etc. Just enjoy the scenery.
Have a good week!

Daily System Updates
  • 1 QQQQ (Harami) long with current profit of +0.86%.

Weekly System Updates
Long system triggers for EGHT and ZICA at Monday's market open. The system that generated these trades is the same system that generated VNWK, SPDE, and AATK trades the previous weeks. So, as you know, system caters to penny-type stocks with high volatility. Holding periods are mid-term in length. This system is one of my riskiest systems. I trade very little size with trades from this system because losses can be extreme...as you can see by the current losses in the SPDE and AATK trades.

Current open system positions:
  • 1 QQQQ (SimpleUp) long with current profit of +5.22%;
  • 1 QQQQ (TurtleTrader) long with current loss of -0.47%;
  • SPDE (PennyLag) long with current loss of -11.54%;
  • AATK (PennyLag) long with current loss of -17.06%.
  • VNWK (PennyLag) long with current profit of +8.70%.
Please read the disclaimer on the website. This is not a recommendation to buy, sell, or trade securities. Just a journal of my travels through Wall Street. I can buy, sell, or hold any positions mentioned on this website at anytime. So, be warned.

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