Diary of investor

have no stocks at the moment, and no trades. and to tell the truth it is quite difficult to hear on the news that the trend is moving up, and the prices are going up. ..

having holidays. the market was up, now seems to be flat. of course, i mean, lithuanian stock market, part of omx. sometimes listen to daytrade review on the radio and now concluding, that some certain phrases repeat all the time, for example - market is flat, because companies do not list any news :)

one man said we are hiding under investing to buy things. as it is a way of saving for some time and then - total sold out. so, one more time the same... i am not sure about the time i have chosen, the market is still on its highs, the friday i sold was the second day of down. was afraid of getting too low. and here you are.. well, people are waiting for the money to get back from us.. and sad - no money to invest, and losing interest of news reading. maybe need some vacation? :)

wow, once more the same - have not written for ages. the summer was quite tough, although the market started showing better results. have bought some real estate, so again waiting for the market up to sell all the portfolio and give the money back. so, sold half a few months ago, gave up.. had many losses, but decided to fix them. too late, every stock had more than 7percent. anyway.. now having some plus. the profit results for third quarter are on the way, maybe the market will go up for more higher..

the next thing i am thinking tody - it is good to have price limit - not to aim for the best profit, but to be content with 5-10percent. reach the and sell. becaus now - have been waiting for ?? - good question for what.. was just dreaming and having losses and every stock profit. money came and went away, like the wave...

the is one rule - SELL OFF WHEN LOSSES REACH MINUS 7-8 PERCENT OF THE STOCK. well, forgot this. and no doubt this will not happen in the future. the lesson is huge. yesterday and today selling the oil stocks. stopped believing in that. high risk and so much uncertainty, have no wish to look after them. and, if i have sold everything with minus seven, no woould have some profit for many stocks, instead of a year over loss..

today opened the third stock trading account. well, i am quite satisfied with the first i have, but in order to buy some funds, and different funds - available at different brokers - you need different accounts. this one - the best bank in lithuania - according to the last research.

from www.spekuliantai.lt i sometimes reach online talks about omx vse market and online trading. the last weeks can not reach via irc and my trilian software, and today even internet connection does work..

tried to buy last week some stocks, although today see that was not a very good idea. the market goes down, as it does the last year.. should wait a few weeks to see the more clear situation. and afraid that after a few weeks will have so big minuses everywhere. well, the last year the end of april was down also. because of dividend payment. read, that the bull market lasts 2-3 years. and what about bear? still a few months left until the year celebration...

because of this always present correction and market down decided to become more aggresive in my bying selling. was going today to buy two more stocks - lifosa - they are in their lows - the panic in this position. yesterday wanted to buy some ljl1l - ship company and asked too low price - did not get - today they are up a litle bit. so, today - came too late - the market closed and did not manage to make my plans..

the oil is down for more ten percent during last days. and my portfolio has now minus! after a year of holding and some additional byings. so, thinking that after the wave of bulls comes, will sell almost everything and move to funds. will stay in the stock market with around 1200 euro and do some speculations time from time. no gain from keeping there.

have a great example what costs buy and keep. and changing the strategies. last year thought will buy and not sell. bought the stock a few times, so the total price increase. averaging. had almost 70 percent plus during it's highest points. now - this year - the results does not seem so good and now having minus 30percent... the broker the other day said - it is not so important when to buy - the most important thing is to decide when to sell. missed the greatest chance...

always do not what to do when the price falls down and porfolio shows minus and loss. bought some telecom ltl1l a month ago, yesterday was the last day to own in order to get the profit part - dividends. so, today everyone seems to be selling, almost minus 5 during the day. if to sell now - no sense why i bought. no profit at all. to wait? - what it the price falls far lower? ?

hate that situation with mazeikiu oil factory. going for years.... and not over.... well, the end is clear - russians will have it. for while - the first day bigger down in stock price. and the news comes there will be no dividends.. guess you heard about google and finance together :) here what they have for mazeikiu oil

Just recently found this link on omx site. Statistics data - Baltic ASCII data format . Data files prepared for Metastock software import.

so, welcome back. filled the tax papers for the last year - the profit sum was so big for us, that decided to leave "buy and hold" strategy, not to be investors, to remain speculators - as it is said in our language. more profitable. want to be long term investor, then buy fund units..

now even the experts say that OMX VSE market has been staying in down correction for more than 5 months. and the prices are the same level as a year ago. good time to invest? portfolio seems ok, no buys or sells, around 10percent

that is insane. the VSE stock market seems crazy. i regret holding all my stocks... Biggest down for today: DKR1L 3.57 -14.80% ATK1L 0.19 -13.64% KBL1L 6.00 -7.69% NDL1L 352.00 -7.37% ALL stocks went down. ALL.

first voice: well, the market is going down, give the time to the market and it will start rising after a year or so. second voice : after such a crisis, and with such forecasting, all traders will disappear. (there are only 4000 active traders in VSE market now)

no good news in vse vilnius market. 6 up, 19 stocks down. index down more than half point, and my portfolio only 6percent. seems no need to look at the market everyday if i do not trade only hold.

well, the investors and speculators that live much more deeper in the market than me, half a year ago started moving to various funds. talked with some friends yesterday, they like funds more than stocks, so made many arguments against stocks. the economy and the profit of the companies does not seem to grow in the same speed as a year or two ago. during the last eight month, my badly composed portfolio reached only 8 percent, and they say almost any of the funds had made more.. even up to 50percent. so, thinking about funds. the most safe should be funds froms the banks. have not got much information on them, cause always thought it is too difficult with funds. thinking abour seb bank funds.

last weekend told to new friends about this blog and my stock trading. and was surprised in their question and my answer: do you believe in all those companies? and i said - no, not in all. wow. that is at least weird - you buy stocks not believing in them? and i have pretty much - 13!! well, 5 companies make the 70-80 percent of portfolio.. so, the only thing I understand - time to RE-EVALUATE all the stocks and companies i have - regarding the results of year 2005 and expectations of the future. the economic situation during the last 6 months that i have these stock should have changed already.

or in other words - there is time for everything - time to buy and time to sell. It is quite interesting, and also a litle bit painful to see that in big part my view to stock market was illusioned. Looking at the list of VSEomx stocks, the prices most of them are LOWER than a year ago.... and a year ago i was thinking they will go up and up and up... the theory reading does help at that thinking - the personal experience neccesary for evidence.

well, the situation this week in VSE market - terrible disaster, index goes down a few points everyday and seems seeing myself as investor melts as the ice in spring under the hot sun... hate the situation and feel my stock holding for long grows into panic.. not ready to lose money.

well, seems after the autumn correction, the VSE market has no strenght to go forward. the second wave for down is present. the last two day, from all the market only three stocks were up. the experts say - there is a lack of financial news and data, people are waiting for the year 2005 results. but, if you are waiting for good results, so why to sell? remember last year - the february started big down wave until june, if i am right. so, what this year will be? compared the prices - during the year, many stocks are lower than a year ago.. and why i was so optimistic about bying and holding?....

Lithuanian Junior Achievement together with newspaper "Business news" organises new invest game!! „My investition“ - the beginning of the game: 2006, 30th January; the end: 6th May. All trades will be virtual in VSE OMX market, at the website of LJA . So, register and try yourself. Sorry for those who does not understand lithuanian. may offer my translation services..

came back for buying today. did not analyse a lot, the fundamental data of ukio bank, vse. bought a litle. decided that their price is flat for more than a few months. and bought some oil, for the rest of money, not much. there are news and thoughts about coming profit results, dividends, etc. and still, i believe that company is still not evaluated and still cheap stocks should go higher. well, they costed 13litas in summer, then relating to the long jukos process, felt to 9litas, now heading towards 10. it should cost at least 15 in my opinion and the last year dividends surprised me at their amount. so, looking forward for the best from there. on the whole, as one editor said. the market is losing its speed up, today a lot of went back in prices. will see what tomorrow brings.

The Elliott Wave Principle is named for its discoverer, Ralph Nelson Elliott. Mr. Elliott completed his work on the Principle in the 1930s and 1940s. The main idea of this theory is - that the stock market is influenced by the crowd psychology and moves in waves. It is a detailed description of how groups of people behave - mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific and measurable patterns. Using Elliott waves is an exercise in probability. An Elliottician is someone who is able to identify the market structure and anticipate the most likely next move based on our position within the structure. By knowing the wave patterns, you’ll know what the market is likely to do next and (sometimes most importantly) what it will not do next. The stock market is always somewhere in the basic five-wave pattern at the largest degree of trend. And the principle may be applied in all time frames. Some of the largest wave patterns span hundreds