Monday, July 25, 2005

 

Good start to the week

It was a good start to the week. My portfolio gained almost $3,000 thanks to strong moves in my security stocks (MACE and VII). Both companies are involved in the manufacturing and distribution of security cameras. Given the tragedies in London and Egypt recently, I think these stocks have plenty of upside. Moreover, I think it's finally dawning on the American people that investment in homeland security has been inadequate, as demonstrated by the fact there are few cameras in New York subway cars and buses. As someone who lived and studied in London (when I was a grad student at LSE), I can personally testify that U.S. cities have far to go in many aspects of security.

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