Monday, May 22, 2006


Weekly Summary

Another tough week: my portfolio declined a whopping $20,264 (2.8 percent), underperforming all the major indices. While I continue to tweek my positions, I still don't see a major reason to change the underlying trading strategy that has worked so well for me for so long. Let's hope this week is more profitable!

You are doing fine. Stick with your strategy. 20k loss is pretty small relatively speaking. Even solid companies like BRCM, AMAT etc have gone down (first bcoz of profit taking and now bcoz of fear) substantially despite reporting solid numbers. Most folks who are long must be deep in red as the correction has been pretty severe and quick.

Good luck.

Steven from Canada.
Post a Comment

<< Home

This page is powered by Blogger. Isn't yours?