Thursday, November 16, 2006

 

Bizarro World

What's up is down and what's down is up. The Naz was down this morning, and my portfolio was up 0.6 percent. The Naz finished up for the day, and my portfolio finished down 0.2 percent. Go figure. The best case scenario for me now is if the market simply consolidated. Not up, not down, just sideways. Traders are greedy and arrogant now. I just need them to get bored with liquid stocks and shift their attention to smallcaps.

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