Thursday, June 4, 2009

I've caught the stock market bug.

With the first 300 dollars in the account, I placed a bet on Cray Computers. From what I could understand of the charts and news it was a comparative good bet. Then again, they were the first set of financial charts I have ever tried to read.* The company reported they partnered with someone big to get into the blade server business. It seems like decades ago the Cray used to be a prestigious name in super computers, or at least that's what I remember from the Net Trek days.

It was like hitting blackjack on my first hand. I felt like running around the casino and hitting every table. I've already invested another couple of thousand for a sadly few number of shares of various techs. I spend at least an hour a day reading charts of companies I've already invested in looking for good news. Am I a decade late on the dream of day trading for a living?

* I did work in investment firms for five years. In my defense, compliance work made trading stocks disadvantageous.

2 comments:

Be Brief said...

How ya doing Gordon Geko or is it Bud Fox? I wouldn't touch Teldar.

"And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."

Mr. McGuire: I want to say one word to you. Just one word.
Benjamin: Yes, sir.
Mr. McGuire: Are you listening?
Benjamin: Yes, I am.
Mr. McGuire: Plastics.
Benjamin: Just how do you mean that, sir?

Dantion said...

Wait until I get my first yatch, up 8 percent so far.