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reddingrunner (92.29)

There & Back Again



August 31, 2007 – Comments (0)

After hovering in the mid-90s all summer, two weeks ago my CAPS score plunged from 97 to 7 in two days. Yikes!  Instead of being "better" than 97% of you, I was suddenly "worse" than all but 7% of you.  The stock market was dropping like a rock those two days, but I didn't think my portfolio was all THAT volatile.

As I said at the time, often the best thing to do is no-thing.

With basically the same stocks I've recovered my All-Star status and most of my points.  (I did add a couple bargains to my bin).  I expect the next six weeks to continue to be turbulent but by the end of the year the bulls will be back in charge.

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