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The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!

Tuesday, September 19, 2006

Do you believe Time Travelling exists?

If so, do you believe John Titor? Check him out on Wikipedia. The purported time traveller from 2036 said NAPS (Napster) still distributes music, and Microsoft and Yahoo no longer exist.

If he's telling the truth, it probably means there will likely be no stock market by 2036. That ain't right. What am i gonna do as a daytrader? lol...

3 Comments:

Blogger beanie11111 said...

by the way, i'm not saying to buy NAPS. Just an interesting tidbit.

Tue Sep 19, 08:59:00 AM EDT  
Anonymous Anonymous said...

beanie..are you sellign your VLO here?

Tue Sep 19, 10:47:00 AM EDT  
Blogger beanie11111 said...

The way i would play VLO is to sell if it takes out 50 and rebuy if it gets back above 50. Be sure to watch the OIH and USO indexes to see where oils are headed. The first VLO buy already gave us a $2.50 gainer. I think it will just bounce between 50-52.50 area until we ready to rebound. Scary close, isn't it? I think the oils should rebound again tomorrow.

Tue Sep 19, 08:27:00 PM EDT  

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