Investing Journal - T2S

Took2Summit · Nov 1, 2012

Quote from Took2Summit:

just realized i didnt do an update for last week.

Decent week for once thanks to my fire sale on Thursday.

Account@ $22,850

Currently all cash still. looking at getting back into CAT now that earnings have been announced and they were about nuetral. Other then that not too sure what im going to do here.

Currently all cash still..not currently all cash and a holding in IBM

Took2Summit · Nov 1, 2012

Quote from Took2Summit:

Really unhappy with myself letting this market get the best of me.

Currently have no holdings

Account @ 30,415

Found this post for you

Hm no date in quote? That was dated April 3rd

Took2Summit · Nov 1, 2012

Quote from Took2Summit:

quick update:

on 5/1 I withdrew 5k from account, last Wednesday I made the following purchases which is my first purchase in over a month:

UNP @ 110.41
NUE @ 36.06
UTX @ 73.96
DD @ 48.57

Account is now at 25,651 which reflects the withdraw of 5k

Keeping an eye on calls to sell

This was the very next post dated 06-07. I will post blogger tomorrow proving I made the purchases "last Wednesday" like I said in the post

atticus · Nov 1, 2012

Quote from Took2Summit:

Found this post for you

Hm no date in quote? That was dated April 3rd

I'll be in cash tomorrow in my journal and that's not a directional call. Try harder.

Took2Summit · Nov 1, 2012

Quote from atticus:

I'll be in cash tomorrow in my journal and that's not a directional call. Try harder.

That chart I posted said I was in cash, then it said I went long, then it said I went cash again. That's all I was proving

atticus · Nov 1, 2012

Quote from Took2Summit:

That chart I posted said I was in cash, then it said I went long, then it said I went cash again. That's all I was proving

I'll leave you to your high-finance and simply state that going to cash is not the same as shorting. You don't earn 4% by going to cash. That comment was epic win.

Quote from Took2Summit:

im up about 4% today from selling everything right after the GOOG crap yesterday. was going to stay cash longer but seeing some really decent buys out there and getting trigger hungry

newwurldmn · Nov 1, 2012

Quote from atticus:

I'll leave you to your high-finance and simply state that going to cash is not the same as shorting. You don't earn 4% by going to cash. That comment was epic win.

Depends on his benchmark. My benchmark is sp500 so only look at returns vs that. If I were in cash and market fell 4percent then I would be up 4 percent. If market rallied I would be down.

While t2s doesn't explicitly state it, I think he looks at it the same way.

I haven't found him to be dishonest and last time you challenged him you agreed.

Took2Summit · Nov 1, 2012

Quote from newwurldmn:

Depends on his benchmark. My benchmark is sp500 so only look at returns vs that. If I were in cash and market fell 4percent then I would be up 4 percent. If market rallied I would be down.

While t2s doesn't explicitly state it, I think he looks at it the same way.

I haven't found him to be dishonest and last time you challenged him you agreed.

thank you, there is sanity here

and i actually did state my benchmark as s&p, I used to post weekly charts of my performance vs the s&p performance, i've sense gotten lazy and have stopped doing that.

i don't think atticus necessarily disagrees with me. i think he is just upset with me that i don't like apple, which is okay with me.

atticus · Nov 1, 2012

Quote from newwurldmn:

Depends on his benchmark. My benchmark is sp500 so only look at returns vs that. If I were in cash and market fell 4percent then I would be up 4 percent. If market rallied I would be down.

While t2s doesn't explicitly state it, I think he looks at it the same way.

I haven't found him to be dishonest and last time you challenged him you agreed.

When I am "up 4%" I can wire out that gain, regardless of the notional win. The benchmark comment is simply not applicable to that statement.

Took2Summit · Nov 1, 2012

just entered my first trade with the intention of day trading it. i have done trades before and sold same day when it instantly goes in my favor but my sole idea here is to day trade

CSCO @ 17.20

pretty large chunk of portfolio