// you’re reading...

my thoughts

today is not a good day on the market

Despite gains overnight on Wall St, the ASX didn’t fair too well today, especially banks and resources. The two industries I am heavily weighted in. Overall my portfolio is down nearly 3% today. Is there an end to this misery? I am an investor not a trader (that’s what I tell myself every time my portfolio takes a hit hehhe)

I can take comfort in the fact that most of my stocks are some what blue chips with a few quality speckies in the mix, so I am just waiting for the bull to return. Where is the bull? some body please let the bull out, the bear have been on the stage for too long now.

Discussion

One comment for “today is not a good day on the market”

  1. 18th July now looks average when compared to last friday.

    As a fellow investor what does one do with banking shares now. Sell or buy….. or just wait and see.

    Posted by Elka | July 27, 2008, 1:37 pm

Post a comment


Warning: stristr() [function.stristr]: Empty delimiter. in /home/bor49102/public_html/wp-content/plugins/wassup/wassup.php on line 2093