Friday, August 3, 2007

Week In Review 8-03-2007

I guess if this was a stellar week and the bulls had come roaring back, I would have been upset that I had stayed out of the market and would have been cursing my timidity. Instead, I jumped back in on Monday and Tuesday based on my emotions and very little data and now I'm cursing my lack of patience.

Luckily, I had to wait for a portion of my portfolio to settle for three days so I didn't cause as much of a disaster as I could have. I would have been wise to follow the advice of Stockbee (and other intelligent traders) who called this week pretty accurately.

For the week, my portfolio lost 5.44%.

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