Saturday, May 26, 2012

Day 5

I may be down over $400, but I still have over half my money so I'm hopeful I can eventually achieve a sixth place standing. I've lost the bulk of my money to Dell but my stock in Amazon has also brought me down. This surprised me as I had expected their share prices to increase given the usual summertime increase in book sales. Although the market will, of course, be closed for the nest few days, I'm anticipating my next trades. I think I'll purchase Ford stock as Moodys Analytics expressed optimism in Ford's future and upgraded their credit. With an improved perception in Ford, I predict an increase in the demand for and price of their stocks. Hopefully this trade will help compensate for all I've lost through my shares in Dell and Amazon.

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