Tuesday, August 9, 2011

Note from down in the flood

This year, as in 2007, I sold at the right time. And this year, as in 2008, I went back in way too soon. Now, I'm sitting here, at or near the bottom, with no ammunition left. I gotta work on my itchy trigger finger.

Monday, August 1, 2011

I look into the abyss and tremble not

On July 26, 2011, I sold 500 XOM at $84.4028.
On July 29, 2011, I bought 600 COP at $71.72 and 200 COP at $71.65.

At the close today, 95.8% of my assets are in equities, 4.2% in cash.

I am not afraid. My bottom line will be my scorecard.