“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

– Click here for today’s full list –

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

– Click here for today’s full list –

• Paul: Fox News is ’scared of me’ - James Pindell - The Primary Source - Boston.com
  (tags: ronpaul politics)
• Fee Disclosure
  (tags: RealEstate housing money)
• The Sex Singularity by Paul Spinrad
  (tags: sex singularity futures scifi)
• Postal games in the Computer Age - Los Angeles Times
  (tags: chess)

• Red Wine Resveratrol — In Quest Of An Anti-Aging Pill, 2007 In Review
  Forty volunteers taking high-dose resveratrol supplements experienced 51 side effects, 12 side effects being reported at the lowest (500 mg) dose. “Until more is known about its use in humans, it’s best to enhance the bioavailability of resveratrol with q
  (tags: resveratrol health ageing)
• Google Trends: ron paul, mitt romney, mike huckabee, rudy giuliani
  don’t fight the trend
  (tags: ronpaul politics trends google)
• I Stopped Taking Resveratrol | Neural Market Trends
  (tags: resveratrol)

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

– Click here for today’s full list –

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

– Click here for today’s full list –

• No end in sight for soaring art market - Yahoo! News
  Art is hot. Despite turmoil in the financial markets, there are no signs that the art market is softening.
  (tags: art economics money)
• The Big Picture | Not a Creature was Stirring . . .
  (tags: realestate humor comic)

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

– Click here for today’s full list –

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

– Click here for today’s full list –

Wow. MELI up another 20%+ today.
I’m home in Ohio this week and haven’t been doing much work or paying attention to the market that much. But before I left, I was going over the stocks on my watchlist and I noticed that I really wanted to get some more MELI. I wanted to load up - it just looked very nice.
So I logged into my account on Monday morning and bought a small position. I knew I would regret it if I didn’t. Before, with a hot stock like this, I often sold it after a great move - only to watch it move A LOT higher after trading right around where I sold it for a few days. When MELI wouldn’t drop much lower than where I sold it, I decided to get some - and boy did it pay off.

Damn. I was pretty happy when I logged in today and saw it was up 8 points and then when I logged on again after the close and managed to sell half just under $73 (I bought it under $61 on Monday).
MELI looks like a sure bet to $100 and beyond.
This month has been awesome. I made more from trading than I did from my job. I can’t believe it. It’s one of my best months in terms of dollar returns even over the almost 2 years that I traded full-time. My account is up 30%.
The crazy thing is that I am not even betting that big. I’m not using much margin - my positions have been very small and my risk per trade has been very low.
And I’m spending a lot less time trading and studying the market. I used to spend hours each day trading in and out of stocks. Now I am spending at most one hour in the evening looking over stocks.
The amount of stress and pressure I have with trading has dropped from an overwhelming amount to zero.
Mostly, though, this month has proved to me that I can be successful trading this way.
I only traded 6 stocks this month and my trading commissions totaled under $30. When I was day trading, my monthly trading commissions were over a thousand dollars. My biggest winner was MELI - second was FCSX. My only losing trade was with CRM.
I’m still holding small positions in FCSX, GEOY, and MELI.