112107 Stock pics overview-Zecco

Symbol Qnty Avg Price Last P & L % P & L Market Value
CFSG 100 $14.75 $12.41 $-234.00 -15.86% $1,241.00
CHK 60 $38.88 $37.25 $-97.80 -4.19% $2,235.00
LUV 90 $14.41 $13.50 $-81.90 -6.32% $1,215.00
SSRX 50 $16.67 $13.31 $-168.00 -20.16% $665.50

this is the sad state of affairs i find my self in with the stock market. Everything is down. As you can see all off my bets are down. But considering that the overall stock market has tumbled a few days in a row, it is to be expected, however it is always a little dis heartening when you see these numbers. I think the best thing to do from here is to learn more about stop losses. So when the market starts turning on me i can help reduce some of those loses. Blame it on the game.

Stock Market 2

I sold ZHNP and CFSG on a hunch that the market would be down. But it seems that i chose the wrong ones to sell. Well, those two stocks actually rebounded giving more credence to the fact that you cant time the market. I guess because i wasnt charged any fees because i can make 10 free trades a month that I went through with it. I should have followed my advice and looked for web sites with info on the China market. i thought that the markets are interconnected so when one goes down the others will follow. Well, we will see it could be that investors will leave the US market for the Chinese markets. Could be the case. But anyway, i like the other stocks that i have, but they are all down right now and it sucks, but you really cant watch it daily or else it will always break your heart or make you hopeful.

Stock Market

I was just wondering if there is anything I could have done to have avoided the recent downturn in the markets and if I should think about getting my money out of those two china stocks CFSG and ZHNP. They were up and now they are down by 5% the CFSG and ZHNP is up overall by 7% about. But I'm thinking that I possibly could have saw the signs coming. And sold and saved a little money. I guess it would have been a risk to try, but now just reading this article from Bernake I guess one could have reasonably expected the news from him to be a little grim. Especially, with all the other news pointing towards a slowing economy. Well, I guess this is all part of the education process. We will see how it all plays out. i think for now I will keep it in there. Maybe until it goes down by another 5 % or so, which for CFSG may not be very long. :0(

Funding Zecco

Mom should deposit the Citibank credit card funds this week. I think I will immediately deposit that money into my Zecco account and purchase 2 more stocks. Likely CHK and IMMR.

Yay! I think.

CFSG

I was able to buy it at 14.30. That is good because it went up to 15.82! That is great. I made $152 in a day. Very happy, but its just a number and i shouldn't get too happy about it. Tomorrow offers more uncertainty.

CFSG

i keep flip flopping on CFSG. I ordered, canceled then ordered again. lets hope the news about the stock market rebounding are on the money. Still, there is no guarantee that CFSG will rebound too. But I hope I can get it at 14.27. which was the price it closed at. Keeping fingers crossed.

ACM

ACM is not doing so well, its been floating between 30-32 for awhile now.
Thinking about pulling the plug on it, then realized I only own 12 shares.

CHK is the one I really want now though.