Phantasmix Stock Market Blog

2 wins, 0 losses… 0 satisfaction. Horrible choppy week.

I’m all short again but this time I’m not very confident. However, I’d still be much more afraid to be all long.

Bad day. Pretty much flat: -$12.37.

I added QID today to hedge my QLD. Timing wasn’t right but I feel safer, will sleep better than if I didn’t do it.

Still have to get rid of 4 positions this week, as per the plan, but I won’t force it. No need to incur losses if I can wait.

Meanwhile, in preparation for my “big bucks” plan, I’m going to stalk (X: 21.52 -4.06%) (U.S. Steel), looking for a good entry point, long or short, it just has to be convincing.

X Charts of every flavor

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Reading these figures, I can’t help but think that it’s “each man for himself” in this world.

All figures are for one year:

• Basic education for all the people in the world would cost $6 BILLION
• Installation of water and sanitation for all would cost $9 BILLION
• Basic health care and nutrition would cost $13 BILLION

Total: $40 Billion annually

• $8 BILLION is spent annually for cosmetics in the United States alone
• $11 BILLION is spent annually on ice cream in Europe
• $12 BILLION a year is spent on perfumes in Europe and the U.S
• $17 BILLION a year is spent on pet food in Europe and the U.S
• $35 BILLION is spent on business entertainment in Japan
• $50 BILLION on cigarettes in Europe
• $105 BILLION on alcoholic drinks in Europe
• $400 BILLION on narcotic drugs around the world
• And finally, in ONE year alone $780 BILLION is spent on firearms and munitions (I suspect this number is now higher)

(This, right here, is a list of economic sectors to invest in if you’re inclined to do so.)