Stock Market profile picture

Stock Market

About Me

I'm always trying to write new C++ algorithms for selecting stocks and coming up with ways to make existing algorithms better. I'm never happy with what I've done. I always think the grass is greener on the other side. I always look at what I did done and try to think how I could do it better.
I see advertisements trying to sell a perfect method. But, I can guarantee beyond any doubt that there isn't a perfect method, only a better method. And I'm always looking for a better method.
Unfortunately, I think we've finally reached the crossroad in our nation's history where the U.S. economy and stock market are permanantly faltering. Through this disaster market, I have established rules of thumb to handle every possible situation. However, even if you lose less than the market, you still lose. So there's no reason to celebrate.
There's not a whole lot I like to to do. I like to talk about stocks, but I'm the only one. Oh well.
I'm not looking for any miracles at this point. These are the ones I'll be keeping my eye on as of closing February 6th.
# Symbol % Drop Industry
1 XOM 16.42 Integrated Oil & Gas
2 KMP 18.38 Pipelines
3 ENB 26.54 Pipelines
4 CVX 28.41 Integrated Oil & Gas
5 ABX 28.48 Gold
6 TAP 30.82 Brewers
7 AEM 33.52 Gold
8 NEM 33.79 Gold
9 CNI 35.34 Railroads
10 HMY 37.00 Gold
11 KGC 40.13 Gold
12 TOT 40.21 Integrated Oil & Gas
13 PAA 41.54 Pipelines
14 BP 42.91 Integrated Oil & Gas
15 RDS-B 43.06 Integrated Oil & Gas
16 OXY 43.25 Independent Oil & Gas
17 FMX 43.40 Brewers
18 NRP 43.67 Coal
19 E 46.40 Integrated Oil & Gas
20 COP 50.04 Integrated Oil & Gas

My Blog

Trading during a volitile market. What to do?

If it sounds too good to be true, it almost always is.  Something that performs well when the market goes down ususually performs poor when the market goes up.  Something that performs poor when the m...
Posted by on Tue, 20 Jan 2009 01:32:00 GMT

Why day trading is for the birds.

Without a doubt, the perfect day trading strategy would definately produce the best results on average of any strategy.  But, before you go looking for that perfect day trading strategy, these ar...
Posted by on Thu, 31 Jul 2008 14:37:00 GMT

The great debate, oil or natural gas?

One of the headlines I saw quite a while ago said, "The great debate, oil or natural gas?"  I would like to end the debate.  If you can't afford to gamble, oil might be better.  It has ...
Posted by on Sat, 19 Apr 2008 08:59:00 GMT

Beware of the spread.

Over the last several months since the big market plunge, I've lost only a small amount.  That's well relative to market, but not what it should be.  I still should have come out a...
Posted by on Sat, 08 Mar 2008 01:40:00 GMT

Unlimited trades for $29.

Can you afford $10 per trade?  I think twice before I spend even 10 cents per trade. If you're a small investor or even a big one, FOLIOfn might be perfect for you.  They offer unlimited tra...
Posted by on Wed, 27 Jun 2007 23:03:00 GMT

The pitfalls of the losers list.

You can find websites that have losers lists for different exchanges.  I used to use the NYSE losers list to make my daily selections.  I did okay, but I never did as well as I thought I sho...
Posted by on Tue, 26 Jun 2007 08:07:00 GMT

The spread between the ask and bid prices.

I used to read about the difference between the ask and bid prices, but didn't think much of it.  Then, one morning, I got up.  I checked my market value, and I had made a big gain...
Posted by on Tue, 05 Jun 2007 01:32:00 GMT

Sometimes, they really do go down forever. The airline lesson.

*  "Ride it out." *  "It's only a paper loss." *  "The only day that matters is the day you get out." None of the above are true.  Two or three years ago, I used to buy airline sto...
Posted by on Mon, 04 Jun 2007 23:20:00 GMT

Time is money. You snooze, you lose.

For a while now, I've been afraid to buy.  I've been afraid that the bull market would turn into a free falling market.  It eventually did, only to pick right back up. Now comes word that th...
Posted by on Sun, 03 Jun 2007 05:32:00 GMT