Stock market 4 days up

Dow	8,726.61	+247.14 (2.91%)
S&P 500	887.68	+30.29 (3.53%)
Nasdaq	1,532.10	+67.37 (4.60%

The last 4 days have been a good one for the markets. It seems all of Obama’s announcements meet the investors approval or at least confidence some needed change will happen. I am guessing we will have a down day soon and possibly the next trading session. 4 up days in the market might indicate we are overbought and people will want to cash out and keep their profits.

I am still playing the stock simulation game at UpDown.com. They currently have a free money stock market contest. It is only for a month duration and I think November will end tomorrow. I am currently in the top 10 which would fetch a $100 prize if I can hold on to that spot. Spot 11 moves the prize bounty to only $10. Both are good considering it costs nothing to enter. At this point, I am more happy in the validation of my investing skills. The number one spot pays $500 and that player has over a 500% return in one month. That is amazing. I don’t really know how he does it.

I have to guess he is more of a day trader and uses stock charts and watches technical indicators.Those returns are phenomenal and also means he was right more times than wrong in the month of November. Currently, I have an 87% return for the month. I think that is excellent too and if I could do it with real money… Well, I would be rich.