The $1 Billion Gamble

On Monday of this week I invested $1 Billion into my CNBC Portfolio and over the week bought a varied mix of 36 stocks , commodities, pharmaceuticals, and ETFs.  Today at 12:45 ET, I am up $2.4 Million for the day and $6.5 Million for the week.  Of the original amount 35% is still cash, 15% stocks, and 49% ETFs.  I plan on lowering my cash position to 15% next week.

I wish I had done this years ago, with real money! 

"Playing the Game"

Bill Gates, Warren buffet...those guys didn't get $50B+ investing in stocks and bonds.  I managed to triple my money in my 401K in 18 months.  In my game I've made $25,000 in one day (also lost that much)  so I was wondering.....how much does one have to invest to make $1 Million dollar profit in one day?

I added one billion dollars to my "pretend" account.....that's one thousand million dollars!

Even buying blocks of 500,000 shares.......in 30 minutes of stock picking I only manged to 'buy' about $400 Million worth of stock and Gold.  Today,  I only made $230,000.......what the hell?  Tonight I'll see if I can find another $400 million to invest in.  This is harder than I thought it would be!

Market Stretegy for Monday October 18, 2010

I dumped all my ETF's stock, etc to cash...except for my favorite Gold ETF (GLD) of which I took a position of 1000 shares.

Further terrorist threats on European targets, notably France may cause concern to the Euro and hopefully, for me, run up the price of  gold.  Yes folks, evil Capitalists make money in tragedy and war.

Rise of the Machines

Great segment on "60 Minutes" last night in regards to trading, as much as 70%, of all stock trades by Supercomputers!  They are taking over.  It also explains how folks using 'math' are creating market trends that have no basis in world events...they are being "logical" instead.  Well I can see this being regualted after the next computer driven melt-down!

Doom and Gloom in the US Market

I have been lucky to be able to use my friends laptop, while he is visiting China for three months.  I have been able to watch the open of the Asian Markets, watch them mostly rise, and feeling optimistic, bet heavy on a positive US Market rise.  Nos so fast...as Asia rise, Europe and the USA have fallen.  Today, October 4th is a good example.


My paper portfolio, heavy for the first time in US stocks, lost over $10,000 this AM, before I could dump them and switch to Asian stocks and ETF's.  For the time being i am going back to 100% Asia, commodities like GOLD, and Chinese ETF's and short the DOW.
I will stop being "Optimistic" and go back to not trading on a Friday or a Monday!  I did quite well following my "gut" feeling about that.

Let chaos reign!