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October 2007



Three Trading Days left in October

October 27, 2007 – Comments (1)

Here are my seven largest real life holdings in order with largest first: PCU, BPT, ATW, BHP, ANW, DE, GLYT.  My biggest regret is selling some (but not all) of my Garmin on October 22nd because of the clouded outlook caused by the byout of NVT.  I kept half of my stock because I still think that it is more likely to go up than down from here.  So far that has proved to be the case.   [more]



More sharp losses Oct 19

October 19, 2007 – Comments (0)

Stocks are taking another dive today.  Overall, however, recent action has been more notable for volatility than secular direction, the latter seemingly downward.  As I said in my last post, it is a good time to keep some cans on hand to snap up bargains when they occur.    [more]



Downturn on Oct 11

October 12, 2007 – Comments (2)

The sharp reversal in direction at the end of the session Oct 11 makes me very nervous.  The "conventional wisdom" is that it was the result of a public statement made in Europe, but The reaction seems to great to be too great for that explanation.  It seems to me more like a case of the straw that broke the camel's back.  Could this market be overbought?  Is it the beginning of a classic "October massacre"?  Time to make sure that you are not overinvested in stocks, because the road ahead my be very bumpy.  If you own stocks on margin, LIGHTEN UP!  [more]

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