Origin XT Blog

I get spammed twice whenever I submit an entry here. Does any of you have the same problem?

I was unfortunately caught in the market downtime because I was at first skeptical that the market can so suddenly drop, so I left my stocks alone at first. Unfortunately, by the time I checked later at school, my stocks have already dropped a good deal. My only big loser was the stock of a mining company (let’s say M), whereas the rest of them had a forgivable loss totaling less than 1000.

Mr. Woo told me about the successes he has had with M, and he said it’s a growth stock. He said he’s keeping his, so on the first sign of a dip yesterday, I bought it. Unfortunately, for that day, it didn’t move up very much after I had bought it. And this morning, when I saw it was DOWN 3%, I dismissed it as a temporary fluctuation, and left for school. By the time lunch had arrived, I had already lost almost 3000 off this stock, and I decided to cut my losses for everything by selling them all.

20 minutes later, Dell came in for some odd reason. The log out function in Investopedia must not always work, apparently. I got rid of Dell too when I saw it.

I guess the 420ish drop in the DOW is not as bad as the 24.39% drop on Saturday, December 12, 1914. That would’ve been bad.