Thursday, November 20, 2008

Day 4 - Technical Difficulties and Forex Success

Early this morning CNBC emailed everyone and told them that they were having technical difficulties, but it didn't really matter for me. My biggest technical difficulty has been the tanking stock market.

My 52 week low strategy has officially lost me $174,000 to date. This has driven me back down into the 98 percentile.

My other accounts are doing okay and maybe as a glimmer of hope my purchase of the Canadian Dollar has pushed me to $38K in profits in the game. It's got me thinking maybe I should just stick with what I'm good at ;)

In my portfolio B account my Canadian Dollar Position has me up to $50K a 50% return on my $100,000 investment in just four days.

Tomorrow is the end of this week's contest and I definitely will be missing out on getting the MLB All Star Game Tickets.

Out of my five accounts my best rank is 156,000. Tomorrow I will be posting screen shots of my final weekly positions and returns.

One week down, nine more to go. To make the blog more robust I will also be adding the names of the stocks I picked and wil lconsider what my next move will be based on the analysis.

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