Microsoft Office 2007 is a big change from the existing series. I like it, but at the same time I feel I have to learn the entire program all over again. Now that I have Excel at home I have NO EXCUSE not to keep up with my excel practicing stock option put and calls. I’m actually in a computer science class that is on advanced excel and access 2007. I hope I learn a lot and I’m working on getting an A. Going into my masters program in management I want to make sure my GPA this time around is plenty high enough to get in. I could definitely see Microsoft Office 2007 boosting in new revenue for Microsoft’s stock (MSFT). Funny I say this because I actually bought the entire Microsoft Office 2007 advanced applications off a download site where you just purchase the program. I only paid $250. The actual cost such at Best Buy would be around $600-800. One of my computer programmer friends these download sites are out of China basically bootwaring the program with illegal data and actually use my data to spy? I’ve used these straight download sites before and the programs have had no errors or problems. So is it a replicate illegal China download site or a real company that does pay off Microsoft some type of royalty? Good question. For now I have my receipt showng I paid for the full program as a downloadable file.
October 27, 2008 | Categories: microsoft stock blog, msft, msft analyst, msft calls, stocks | Tags: big change, boosting revenue for the company, msft, new microsoft office 2007, new visual button look | 1 Comment
Well, my sister is right for once. She is very right indeed. I’ve read a lot of books and well wasn’t really watching ALL the charts just the my industry charts on tech. I have an icky feeling that we will see Apple (AAPL @ $172) and Research In Motion (RIMM @ $112) fall to august 2007 lows again. So AAPL could go as low as $120’s. This is scary but true. All of my Qcharts are flipping over on the big charts (weekly and daily). Next week we may see a little run, but 2007 is going to be an exception then that means stocks should fall even hard through the fall months. Everything is in play credit problems, real estate sales dropping, oil rising, the dollar weakening, oh and yeah all stock charts showing a bust. I probably should of been playing closer attention to the big dogs Dow Jones and Nasdaq + futures. Sometimes it just really sucks working a lot because you don’t give yourself fully to what could cost you a lot of money, which it has. I was playing Microsoft (MSFT @ 34.40) and AAPL @ 172 November 07 calls way out of the money expecting a strong run being a volatile year and going into bullish seasons. What I didn’t take into account was what the big market was doing which is going down. So now this minor, yet huge, error has cost me over $20,000 in losses in a rather very short time period of a week. I was joking with my sister and her husband, “do you know what can kill an erection? a $20,000 dollar loss in a few days”. At least I thought it was funny and so did they.
I suppose it is good I can laugh about losing so much money, especially when it is the only money I’ve got. I think to myself I do have next year to try again, build up some cash, and start trading. Maybe one day I’ll get this professional trader thing down. I still definitely have no discipline. So my next plan will be building a trading plan on having no discipline. Sounds whack right? Maybe I can make a style so I can still be safe trading with still a lack of discipline. I think thought long-term I will go broke if I don’t gain some skills. I’ve been getting better at selling at a loss even a big loss and getting out. As for my AAPL and MSFT nov calls that expire next week (5 more trading days) well my account is whiped so if there is a 2 day rally I plan to sell out profitably or not.
November 2007 is definitely an exception. It sure had me fooled. I don’t care what Jim Crammer says the market is going down further before it has another big run. My taxes are going to kill me this year. Plus now I don’t have the money to pay off my car, money to pay off my mobile note that I was given the chance to pay $35,000 for which is worth $80,000 and huge saving. I suppose when opportunity knocks and you don’t have the money you definitely beat yourself up a little bit subconciously.
There is no praying or hoping in the stock market. The picture and information is there. It is about calculating and making wise decisions on what is happening in the market. I was really wrong about a bullish November and I take full responsibility for my loss because I wasn’t looking at the “big picture”.
well cheers to 2008 I guess. I guess if I had money Puts right now would of been a fabulous choice.
November 9, 2007 | Categories: 2007 market crash, 2007 option picks, 2007 stock picks, 2346267, aapl, AAPL Analyst, aapl calls, AAPL stock report, asia crash, bad trading, falling dollar, falling home prices, jim crammer, microsoft stock blog, msft analyst, msft calls, november market crash, rising oil prices | Tags: aapl calls, analyst, jim crammer, money loss, msft calls, november 2007, stock blog, stock market crash, stock options trading | Leave a comment