Playing the Stock Market. A Beginner's Journey

This blog will detail My Journey into the Stock Market and track the growth of my Investments. My goal is short term profits on the ups and downs of selected stocks. Buying in the valleys and selling in the peaks. My Journey begins November 5th, 2004 with cash deposits into two online trading accounts. Follow along and watch it grow! Feel free to post any comments you like! Tips, hunches, and Profit stories welcomed!

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Location: Alameda, California, United States
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Friday, November 12, 2004

Friday 11/12/04 End of first Week.

Not a bad week. The new SIRI shares I got this morning helped cover the loss in IPXL.
Here's how I did;

SIRI - up 2.21% to $4.17 (Exectued at $3.98)
DITC - up 1.91% to $17.42
IPXL - dn 1.20% to $13.14
ARGFX - up .53% to $53.58

Against other averages;
DJIA - up .66%
NAS - up 1.17%
S&P - up .91%
Me - up .86%

My Investments, factoring in the commission, is now up 5.72% to date.

I've just adjusted my tracker to also figure in the commission I'll pay when selling, to more accurately track my growth. With that done my investments are now up 4.80% to date.

My purchase of SIRI this morning helped my investments continue to grow. I would have dropped a bit without it. I believe the downturn in IPXL was due to profit takers selling off at the end of the week. I think it will grow more next week. I'm going to check out other stocks this weekend and see if I find any other bargains for next week.
Have a great Weekend!

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