The market is doing terribly today. Most of my portfolio is down for the day. Hopefully, next week would be better.
posted by Sean @ 6/24/2005 02:38:00 PM
Yeah, the market turned down recently. I sold my holdings in YHOO before the recent sell-off and made a 18% gain on my money. The market is just getting pounded by not-so-good earnings reports and the high price of oil at around $60/barrel.
Use this opportunity to look for the leaders. Stocks that decline the least or even go up in this correction.
There are safe strategies to make money from the market regardless of direction. As long as it moves, it's a good day...
Rich,I'd like to hear more about those strategies.
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4 Comments:
Yeah, the market turned down recently. I sold my holdings in YHOO before the recent sell-off and made a 18% gain on my money.
The market is just getting pounded by not-so-good earnings reports and the high price of oil at around $60/barrel.
Use this opportunity to look for the leaders. Stocks that decline the least or even go up in this correction.
There are safe strategies to make money from the market regardless of direction. As long as it moves, it's a good day...
Rich,
I'd like to hear more about those strategies.
Post a Comment
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