Everybody's blogging on the weekend ... Blogging is fun, free, and it gives you a chance to express yourself. My weekend blogs are going to be just for fun. Stocks are great, and making money is necessary, but fun is really what life is all about. I mean if you enjoy watching an ant farm, and if it engages your mind and makes you happy, by all means invest in an ant farm. If you love books, like me, read. If you like the bootscoot boogie or the two-step, disco, the waltz, or just whatever, have fun with it.

Me, I'm re-reading Jack London's Seawolf for about the eighth time. Playing on the internet, and surfing blogs. This blog has already taught me something about myself. I like to think like a day trader, but the market often forces me to go long, what I really am is a penny stock value investor, diversified between long and short. Stocks are a kind of fun that can make you money. Learning is fun, but work sucks. I can say that, it's the weekend, and everybody is unemployed and loving it on the weekend.

Bad timimg to start a stock market blog, I suppose. This market has me completely in a holding position. I can't very well share the excitment of trading when there is no excitment.

On a "my life" note, I don't have one, lol. To make matters worse, I don't have the slightest idea what I want to do in the short run. In the long run I want to do something that has to do with my degree, but everybody wants experience that I don't have. Lord help me if I know how to get job experience without getting hired, or how to get hired without experience, catch 22. In the short run I just want to produce enough income to live without spending all of my savings.

If my stocks would act right I could try to make my dream of trading for a living come true, but that's not going to happen if everything stays flat or slightly down for weeks on end (unless of course a big run up follows). Anyway, I hope to get something more exciting to blog about soon.

Greetings Ladies and Gents, I've been on the road for two days, no job for me in my field. Looks like I'm going to have to take some odd job just to get by without spending my savings/stock investment money. I made 74 cents off my site since I started it. It's really just for fun anyway. The markets are not being good to me, I'm showing a paper profit of 232.00 on my stocks today, but not on anything I'm ready to sell. I can't make anymore trades till I make a sale, so be patient with me, while I'm patient with this slow market.

I'm currently staying in a motel in Knoxville,TN for 200 a week, not exactly what I was dreaming of for after graduation, but it'll do for now. There's a lot of years left for me to "make it", and traveling can be fun.

(Note: moved from bottom where it was hiding due to the quirks of blog software)
INTRODUCTION

I've been a Day Trader and a Penny Stock Trader almost since the beginning of online brokerage. I was with BrokerageAmerica back when they offered commission free trades, but they sold my account to Ameritrade and now I pay commissions, about twenty bucks to get in and out. Day Trading and Penny Stock Trading have been very enjoyable for me. I guess I'm strictly small time, $7000 in one day is my big highlight, but I seem to be able to take money out of the market whenever I need it, and I always seem to get it back.

I've never tried blogging before although I've known about it for over a year. Bear with me as I learn to post typo free text, and write things people want to read. I guess I'm just doing this because I just finished my Master's Degree. I'm used to writing a lot, and I haven't found a job yet. The fact that some people make money doing this is another possible perk, we'll see how I do on that one over time. My Master's is in History, by the way, and it will be interesting to see if I can find a job that calls for my degree. There might be some History content in my blog eventually, but right now I'm planning to focus on stocks and my race against time to figure out some way to make money without spending my trading stake before my credit cards get maxed out.

After living off it for two months, I have about 6 grand left in my trading account, I've pulled out 1200 on the last two months, and about 5 grand total since I first started with 1800 bucks way back when I was still in the Marine Corps (in 1999 or so). Like I said, one time I made 7000 bucks in one day, but I also took a $3000 hit early on refusing to sell a stock that went chapter 11 on me. Another time I took a $2200 hit, another penny stock took bankruptcy out of the blue. Those or the big ones, but add it all up and I spent $5000, lost $5200 on bad stocks, and I have $6000 left, so that means I had to have made $16,000 gross out of my original $1800, and $11000 net in 7 years, thats not a lot of money, but I've definitely been beating the market. The big boys (professional stock analysts) call anything above a 10% annual gain beating the market, and brag about it, so I ought to be crowing like a rooster, because I'm beating the heck out of that.

Like I said, when I have the time for it, I'm into Day Trading, but I'm always into penny stocks. What I plan to write here is a running record of my trading activities. Right now, I'm kind of tied up in some long positions I have a lot of faith in, but being unemployed, I'll probably start to transition back to Day Trading. TRTI is one stock I'm in. I own 5000 shares, and I expect it to hit somewhere in the nieghborhood of a dollar within 6 months or so. I got in at .07 and its been to like .48 or .50 since I've been in it, and it was at .31 last week, but its kind of sitting still at like .21 or .23 or something like that right now.

They're a landfill waste management company with a record of pretty consistent good profits, and the stock is trading at a little over half of earnings. I peg a lot of my trading decisions to the P/E ratio. The P/E on this one is kick ass, the buying interest is the only thing missing to drive it to what it's worth.

I'm not going to name off my whole portfolio, I don't guess, just the ones I'm sure about that are worth you guys checking out. TRTI is a definite long winner, and if I sell it before a dollar it will be just to free up my cash for Day Trading. I'm pretty sure I can pull down 50 to 100 bucks a day if I go back to Day Trading, and don't have any disasters. Come back, and you can ride through the whole thing with me. That's about all the typing I'm up for right now, but I'll blog again tommorrow.

It's Sunday morning, and I'm hitting the road with a pile of resumes (imagine the proper punctuation here). I'll probably be busy during market hours on Monday, but I'll watch my stocks and post if I get the slightest chance. This should be the last day for this paget, so I am moving my introduction to the top.