I looked at a few investments today and I did okay in december it turns out. I think consumer spending was likely the reason but it was nice to finally see things move in a positive direction for a change, even if it's temporary. Have you peeked?
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Peeking again
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Originally posted by maat55 View PostI updated my NWS and had to get the info. I peeked in Oct. or Nov., not much change. I will peek again when the Dow reaches 10k."Those who can't remember the past are condemmed to repeat it".- George Santayana.
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I sincerely hope that I am wrong here, but I don't think that it'll last.
Individual investors have been scared out of the market, and institutional investors were already out on holiday vacation. That left December with a very light trading volume based on amateur traders and passive investors doing their thing.
I suppose what I am saying is to brace for another potential drop in the first quarter of 2009. This month will be interesting to watch. But like I said, hopefully I am wrong.
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It feels good to see things turning upward, if only in the short term, I saw a 5% gain and It was at least temporarily encouraging of future possibilities."Those who can't remember the past are condemmed to repeat it".- George Santayana.
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