Weekly Summary

Another week has passed, and things continue to slip deeper into the red:


There's still no sign of a turn-around, and not much point in getting in deeper - so for now, I'll continue to ride it out.

Weekly Summary

At the end of this week, I'm back to where I was a couple weeks ago:


I'm still hopeful that the market has reached its bottom - but since there's not much time left in the year, I doubt I'll be recovering. Looking ahead, I'll probably ride out the year without adding to my portfolio, but just ride it out instead and hope for a better one in 2009.

Back in the Dumper Again

I had hoped that yesterday's elections would have helped the markets turn around a bit, but they've taken a turn for the worse instead.

Toward the end of last week, things seemed to be picking up in anticipation of the Presidential elections. I figured that, no matter who came out on top, the market would show some signs of improvement - but instead, the market took a serious dive - all the major indexes were down today, and I expect the trend to continue through the week.

Fortunately, I maintained a healthy skepticism, and didn't follow through on my notion of dumping more money into the markets in anticipation of a major rally. And at this point, I'm not expecting that to occur.