Thursday, November 10, 2005
Wednesday, November 09, 2005
Tuesday, November 01, 2005
My trading screens came up blank today. Which is fine because I'm not planning on making any purchases until after the dust has settled after the Fed policy decision. Seems like this market leaves windows of profitable trading opportunities centered around rate decisions.
This is the longest all year that I have gone in cash. I am still there today and have been in cash for three weeks so far. The quality of my blog is suffering. But my investment performance of +0% isn't bad considering what I read in the NY Times this morning about awful hedge fund performance in October. In November, many funds allow distributions. I wouldn't be surprised if we see a few down days early in November as funds are forced to sell to meet customer distribution requests.