captpackrat: (Stock Market)
[personal profile] captpackrat
Yesterday the stock market was down.  Way down.  The Dow Jones Industrial Average was 13,215, down 148 points, and declines outnumbered advances nearly 4 to 1.  I lost over $900 in a single day.  Every single stock and mutual fund I own was down, except McDonalds (MCD) and the Prudent Bear Fund (BEARX).

Today, the market had regained most of what had been lost.  The DJIA got up to 13,326, just 37 points shy of it's all time high Wednesday.  My portfolio is up over $1000 on today's trading, $100 more than I lost yesterday.  Talk about falling in and coming out smelling like roses.  My only two losers today were Corel (CREL) and the Prudent Bear Fund.

Hopefully Monday will open up a bit more stable.

Date: 2007-05-12 05:17 am (UTC)
From: [identity profile] plushlover.livejournal.com
Next Friday is options expiration day. Most stocks fall in anticipation of that, so be prepared for a bearish trend running up to Friday...

Profile

captpackrat: (Default)
Captain Packrat

December 2015

S M T W T F S
  12345
6789101112
1314 1516171819
20212223242526
2728293031  

Most Popular Tags

Style Credit

Expand Cut Tags

No cut tags
Page generated Jul. 12th, 2025 10:39 am
Powered by Dreamwidth Studios