Thursday, April 24, 2008

Yeeow!!

There's nothing worse than seeing green across the board as my portfolio takes a dive. Nearly every one of my stocks lost money today and I was handily beat by the indexes. In fact, I was down 1.72%! I guess all of my positions were top heavy because they sure came tumbling down.

To me, it's kind of a good sign that some of the former leaders took a hit while stocks that were languishing did very well. MS was on my watch list and made a major move today. Of course I didn't own it.

Things are starting to get interesting and we may be on the precipice of a nice extended rally. Don't count your chickens yet, however.

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