Monthly Summary - January 2008
I gave back a lot of profits this month and I’m glad the month is over, if only that also guaranteed my losses were done. Actually I feel pretty good about my holdings right now and still expect to finish the year up nicely. For the first time since I started this blog, a major index is beating me (the Dow ($DJI), by about a 1/2 percent). If I annualized my losses for this month, I’d finish the year down 78%. Interestingly, that’s not my worst month or even top five from the past 10 years. As expected September 2001 was my worst, but I had a bad streak in 2002 that smacked me worse than this month and I recovered greatly after that as I plan to again. I’ve learned a lot through some of my poor moves and will try not to repeat my mistakes. I have a […]
Original post by Alex Fotopoulos