Wednesday, January 26, 2005

 

How come I wasn't invited to the party?

Well yippee for the Nasdaq. Once again, the Nasdaq was up nicely today. Stockcoach, on the other hand, only managed to weasel out a measly $400 gain thanks to a good move by ASIA. If it hadn't been for ASIA, I would have been in the red again. Well, I suppose I shouldn't complain too much. I purposely rejigged my portfolio back in September so that it would have a beta as close to zero as possible. Thus, I shouldn't lament when I underperform the market when the market goes up (and similarly, I shouldn't take credit for the fact that my portfolio outperforms the market when the market goes down).

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