Diary of investor

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 ...

there are so many of them.. many many many blogs on trading, stock market, investing and so on. will give a few links to random personal blogs: http://tradermike.net/ - trader Mike with Mike's philosophy on trading... http://2dtrading.blogspot.com/ "Edgar Alcidi I am a full-time trader who trades for his own account using technical analysis. " http://smallcap.blogspot.com / Interested in investing in penny stocks? Smallcap.blogspot.com offers you ..... http://jimletourneau.typepad.com/big_picture_speculator/ I like his sentence "There's always a bull market in something... "http://www.thekirkreport.com/ - "trade stocks for a living instead of working at a job " http://ronsen.blogspot.com/ - "Technically Speaking, Market Analysis and Theory" http://www.stock-market-idea.com/ - Stock-market-idea.com is a blog of stock market investment ideas................ More blogs on trading from trader Mike and some market, not only stock blogs h...

Going to search the web for more investment games, but i like this site . Not only for nice design and bright colors:) Not sure if it is possible to join now, the game started a month ago. It is SSE Riga investment game and dates back to 1997. Last year, people taking part in the game represented 12 countries - that is really a lot. The main target audience of the project is students and secondary school pupils. Much benefit in promoting investitions and giving more information on stock markets. What i liked on their page - there are weekly reviews of the stock markets for those countries: Lithuania, Latvia, Estonia, Finland, Sweden and Russia. Everything in English..

no big news, no big ups or downs. no analysis and no need to have a diary :) ....... was thinking the other day about the two images the companies have. the first one - image in a stock market, when you know - this is good, this is really good for earning, and never buy this. and the next image - the real market, where products and services move. well, maybe i would not buy klaipedos baldai shares, but their furniture does not look bad. alytaus tekstile seems dangerous to me, but the gift linen i bought from them. good quality. it was interesting to see the differecenses.

well, reached the point, when feeling bad before looking at the end of day data. afraid to see more minuses in such a down trend. relieved - today up for a few percent...

watching the nice rise over the summer was good. and that nice down the last month i do not like at all. the sad thing is no time to watch the market during the day. and the decision to keep, not to sell. well, nice decision. a month ago my porfolio was bigger for one thousand euro...

watching only the downs for the last few weeks. portfolio went to down from 38percent plus to 23. a lot, aches the heart watching. the main parts of it - lifosa and oil mazeikiai were going down. the good news - the last two days aiming for up. good news - there is some hope and better news in mazeikiai stock option with jukos. not sure about the end of it, the governemt is discussing the law of selling at the moment. to tell the truth, watching the price and earnings - i think it is still much undervaluated, and the price could go untill 20litas with no problem. the profit is so high... the taxes mazeikiai pay makes the lion part of domestic product in lithuania.. sometimes i think that really should change the title of blog "trading mistakes" or "do not trade like this". not going to tell about some sells and buys of last week. maybe some day later :)

well, golden rule of diversification. never have one stock - have a few and minimise your risk.. about 30percent of portfolio have in mazeikiai oil, mnf1l, and when it moves up or down - that it is clearly seen in my portfolio. watching the day trades - at the moment minus 3percent today - ups, so much. in the long perspective of course it does not matter such switches. now, when there is so uncertainty about governement, bying and selling the mazeikiai big part option, should see moves of prices. of course, aiming for up. the sad thing is that now the market price is over 12litas, when they are going to sell for 7litas. that effects the traders i guess.

well, broke my rule yesterday to keep - sold some stocks - and here you are.. sanitas and ljl today went up both for almost 5 percent. and lifosa, that i bought, going down... not too much worried - the daily ups and downs are normal. just a pitty.

really, i think it is crazy in the stock market. i know it is luck to be in such a market, when there are so big ups.. at my work, i have to work for two weeks to get the money my portfolio recieved today (well, my salary is not high). now i keep the strategy - buy and hold. but it is so difficult to hold the stocks when they do not move or go down, and see that others move towards the mountain pick.. so, sold my sanitas, half dvarcionys and the rest of ships, ljl1l, all with small losses... ups. and bought some more lifosa. did that yesterday. and a litle bit today. not so sure about today, maybe that was not so good decision.

read something about the start of bears rulling. the last few months had nice growth, will be difficult to see the profit going down. more then a half stocks in my portfolio did not changed the prices compare with friday trade. that should mean that the buyers are not so active, the sellers would like to dominate. that is interesting - that stocks of tse and rse - estonian and latvian market's had the greatest increases today and the last few days. need to find more info on them and the last part of income invest there. did not feel brave - it is easier to find information on companies in native language...

wow, what a nice day, what a high... bought some oil mazeikiai at 10,25 in the morning. checked now - the end of day price - 11.10. wow. what a rapid growth of my portfolio, over 20 percent of it have oil. all the rest - going down... even those that bought a few days ago, sanitas and dvarcioniu. not going to sell. for long..

the second day just looking around and not bying seriously. wanted the oil, mnaf. did not dear in the morning and had no time later. getting angry a litle bit. bought some sanitas. do not know why. maybe it is at the same level for a long time. and never had it. so, will try for a few months. and had no consultation wih technical analysis. was surprised a litle bit when a person from brokerage said they do not use technical analysis, just fundamental..

well, almost all stocks from portfolio went up today. makes the nice day more nice. the only stock, that i value the most - mnf1l went the opposite direction. well, still hoping the best from it. tomorrow will have to make a decision on bying something. now it is toooo late to think. and tomorrow everything will be in a hurry.

wow, not so bad. finally recieved the siauliu bank stocks, not much, 48 :) but, nice to see them in my portfolio. it was the way bank shared profit with the shareholders - gave some stocks from new emission.

bought a few shares of apranga and alita. the first one was going up for a few days, tried - maybe will go for more:) now have minus 3 percent. it is good, that the sum was small. and bought alita. they do not have excellent results, but just feeling that it would be good to have some form them, so bought, also only a few. now have plus 3 percent. not much. interesting, have not heard any news from alita for a while. the bad news for me - oil stocks go down, to buy last week was not good idea... well, as for long term, hope to wait for bulls here before christmas. would like the question of jukos stock selling to come sooner. so much uncertainty there..