Wednesday, September 21, 2005

 

Don't you wish you owned more energy stocks?

I sure do. Down $3,500 today. The only saving grace in my portfolio was PDGE. However, since I own only 2,500 shares of the company (having sold half my position last week), PDGE's nice move didn't do much to salvage the day. Like most of you, I'm hoping that the storm will pass (both literally and figuratively), and the market will gain some traction. In the meantime, I'm selectively trimming some of my positions in order to build a larger war chest so that I can do some bargain hunting in case stock prices keep falling.

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