Diary of investor

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.