To answer some questions and some advice

This will probably be my last post at least until Sunday so let me answer a few things:

1. Why I handicap myself with prices in my portfolio.

- This is what I do, I only so far have bought stocks at the end of the day and it will stay this way unless I feel the need to in the middle of the day but then only under extreme circumstances(30% drop coming). I take the closing price and if the stock is UP in afterhours then I take the closed price, and if the stock is DOWN in After Hours I take the after hours price. This is just so no one can accuse me of taking stock that are up in after hours and claiming I get the price it closed at. This I am sure hurts my overall return by a couple % but its worth it. This thing is as fair as I can get it.

2. Why no Shorting, ETF, Currency trading, futures, ect?

- How many people who invest 5,000 dollars understand those things? This is not meant so I can make a bunch of money off things no one would undrstand. I just buy and sell stocks and buy the simpliest of options(naked puts and calls). I am sure I will do shorting since it is pretty easy and anyone can do it but going into currency trading is pretty unrealistic for most of the people who read this site I think.

3. Why no Penny stocks?

- I don't think advising people to buy penny stocks is a smart move.

4. You suck, your gay, your the best, ect.

- I love the feedback, positive and negative. Trust me, none of you are harder on me than myself. I don't get them all right but I do my best. Here is the advice.

My Report Card:

Earnings:

Amazon +4.7%, MA + 9.52%(was 15% and is up 2% after hours), BA +1.25%, MO - 1.05%

Of the four I said to buy the average next day return was 3.6%

The one I said to stay way from is Up 15%

The one I said to take a bearish position on but be careful down 7%

How to Play Fed Cut:

LULU +13.5%, ETFC +20.8%, IFC +55.54%, JRJC + 9.2%, DE up 1.5%

Average return on these stocks is 20.11%

Every other stock mentioned in retail/finance/industrial is also up since tuesday night, and most by 5-15%.

So what does this all mean?

To some its holy shit, great job but you can't look at it that way if you want to succeed. The wins/gains will always come, you don't worry about them, you worry about where things went wrong.

MO missed earnigns, it shocked me and the stock still should be going up with the higher dividend and splitting of company but it is not. I really could not tell you why but I wish I could.

ISRG I missed bad, I told you to stay away and at best just own it till close today. You would have missed out on 15% at least, maybe 23% if you owned all day. I should have known by looking at more of the news and headlines and earning reports that they would beat. This was a mistake that should not have been made.

And how bout my biggest errors yet?

Selling WCI(Now over 6 dollars, we sold at 4.50) and selling OCNW which is now at 5 dollars and we sold at 4.12.

Both were original buys for our portfolio. It is stuff like this that drives me nuts.

My point in this tangent? Forget about the wins, just get better on the mistakes