Friday, September 30, 2011

Journal 1

Transaction #1 I bought 100 stocks from Barrick Gold because the value was a little low and In 52 weeks I think that it'll rise to a greater value

Transaction #2 I bougt 100 stocks from Gold Fields for the same reason as Barrick Gold. The value was a little low and I think that it'll rise within 52 weeks

Monday, September 26, 2011

Vocab

Stocks-share of the ownership of a company
I am currently playing that involves buying stocks.
Bonds-used to finance a variety of projects
Bonds can bankrupt a company if used wrongly
Dow Jones- system of telling how the stock market is doing
The Dow Jones is the top thirty companies that is doing good and they were all up today
Equity-ownership of an asset that is completely paid off
I have an equity on a store down the street

Friday, September 23, 2011

52 week period

Today the Dow-Jones is down and almost every company. Gold has taken a huge hit in the gut and it's down -$1,451.00 in overall value but i think this is the swing point in the stocks. The swing point is a pattern in the stock system that is used often and can help make good decisions but shouldn't be used on everything. There is two different swing points, a High swing and a Low swing. My stock is currently in the low swing so I'll explain it first. The Low swing is a three day period where a value of a stock lowers. It starts off with the stock loses some of it's value but not a huge amount in a day. The second day the stock lowers even more than it did the day before. This is the time to start buying some of the stocks from this company. Usually the day after the stock will have a slight increase in value that brings it back to a value that is slightly higher than when it began dropping, this is leading to the High swing. The High swing is similar to the Low swing but it has to do with the increasing value of the stock. The first day the stock will have an increase that isn't exacly significant. The second day, the stock has normally had a large increase. This would be the time to sell the stock. You will normally get more money than you spent to buy the stock. On the third day the stock will begin to lower a small amount before it begins the low swing again.. his is the second day that it has lowered. I predict that my gold stock will raise within 2-3 days. I think that my stock will rise from -$1,451.00  to + $100. Currently alot of stocks are in Low swing due to the pattern. In a 52 week period, the stock will go through about 8 Low swings and 8 High swings.

Monday, September 12, 2011

9/11

I've heard on tv and out in the open, "U.S. 1, Bin Laden 0." But I say "U.S. 1, Osama 2. 1 hit on America from Osama, 2 hits in Osama's head from America". The year is 2011 and the war on terrorism is still going. The recent killing of Osama Bin Laden, the man who organized the bombing of The World Trade Center and the attacks on the Pentagon, has left most American's with a sense of renew'd hope and pride of being an American where the scar of fear once was. The terrorist organization of Alkida is still in hiding, and now with the death of their leader, are in jeopardy of being wiped out. The point of the 9/11 bombing was to target our economy and our military leaders. The WTC was the headquarters of many companies and business's and the Pentagon was to weaken the might of our nation. But when an American is hit, we hit back even harder. Here's where the term, 'War against Terrorism' comes into play. The war against terrorism is never going to end. People have a way of bringing back pain and terror into the world due to beliefs and human nature. The war against Alkida is being won, but the most people can do when it comes to the war on terrorism, is merely keep it in check. It's still there and it will return, but we have to make sure that we know what to do when it returns. That is my say on this, 'War on Terrorism'