Need strong nerves these days
You need strong nerves if you're following the stock market at the moment. There's quite a bit of volatility and it seems the market just cant decide if it should crash because of the credit/food/bond insurer crunch/crash or if it should go up with the lower interest rates and the
hope of having seen a bottom.
I logged on to Zecco around the time the market opened and saw to my horror that almost all of the previous days' gain were gone! What had happen was that KGLJ had dipped a bit (from +15% to -15%) and Countrywide has found a new low (why on earth am I still holding on to that position? it's lost 26% since I bought it!...hoping for a miracle I guess...) and a few of the other stocks in my portfolio had gone a bit down as well.
Anyway, as of now, I've regained a large part of the previous gain, despite CFC digging itself deeper in it's grave...still hoping for Goldspring and KGLJ to start jumping up in price.



0 Comments:
Post a Comment
Links to this post:
Create a Link
<< Home