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Licking My Wounds
Posted on April 27, 2009 | No CommentsWell, its been a while. I have been cowering in the corner, afraid to admit my failures, pick myself up and move on. The market hit hard at the end of last year driving my meager portfolio to the ground. I held on to some... -
On the Cusp?
Posted on September 22, 2008 | No CommentsLast weeks market action was, if nothing else, impressive. The collapse on Monday and Wednesday followed by the strong rally Thursday and Friday left the DJIA down only 40 points on the week and the other indices followed suit. A barrage of bad news followed... -
Convergence
Posted on September 17, 2008 | No CommentsToday’s market activity seems to be a convergence of events. Oil, today, spiked over $6, the government bailout of AIG, gold prices posting its largest one-day price gain, housing starts plummeting in August, dollar dropping, new short-selling rules and more fears of financial firm collapse (Morgan Stanley,... -
Schlacked!
Posted on September 17, 2008 | No CommentsWell, its not been a pretty couple of days on the market. I was spared Monday’s blood bath due to a monthly rebalancing… went all cash Friday in hopes of buying back in on Monday. Well luckily I saw the futures first and stayed in... -
The Plan – Version 1b1
Posted on August 19, 2008 | No CommentsWell, the first go around did not do as well as hoped. Yes, these are trying times in the U.S. markets and economy. However, the stocks that matched my selection criteria provided too much of a swing for me to stomach. Therefore, after some backtesting,... -
Stop The Madness
Posted on July 3, 2008 | No CommentsAnother stop loss was triggered this morning. Today it was CHP (C&D Technologies). I was stopped out at $7.96 per share. A loss of about 8.8%.