I think Reuters.com posted a good evaluation of stock market performance this past week. Stocks fell sharply on Friday with the Dow closing below 12,000 for the first time since mid-March as rising oil prices and warnings of more mortgage-related write-downs at banks reignited investor fears of worse to come. For the week the Dow [...]
back in black
I’m Back In Black!
Here we go again.. the markets took another big plunge today. Perception plays a BIG role in the stock market and it seems investors have come to terms with the “R” word and are fleeing to (what’s now considered) safer investments. But, this is all great news for bears (like me) who’ve been forecasting a [...]
Back In Black Again
My contrarian investment strategies have paid off, so I’d thought I’d celebrate being “back in black” again. After today’s market gains, and including the savings I’ve continued to invest during this recession, my entire portfolio is far ahead of where it was before the market crashed. Let’s review what I discussed and documented in Guzzo [...]