Friday, August 10, 2007

Week in Review 8-10-2007

What a ride. This was a frustrating week for me. EVERYTHING that I tried failed miserably. I'm all cash going in to this weekend. I lost 3.17% this week despite barely trading at all.

I almost wish things would have been worse today. I could use some confirmation that I'm doing the smartest thing by staying on the sidelines. There were several of my watchlist stocks making 5% or more today and that bothered me a bit. That makes Monday difficult to judge.

I'm not convinced we're out of the woods yet. My best bet is to take next week off and re-evaluate things next weekend. We'll see if I can hold out that long.

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