Monday, April 09, 2007

Darker Side of Variance

Well, today sucked for me... you should know that suck is a business term. So, the market was relatively flat today, and the numbers show that the decliners just outpaced the advancers by a slim margin. Looking at the Long-Term Port today, you'd get a completely different picture.

A whopping 21 of 24 positions closed down today. The only ones that went up did so in paltry fashion. These were Glatfelter (GLT), Constellation Brands (STZ), and Capital One Financial (COF). Ugh. I don't mind too much when my stuff tanks, so long as the general market does so in kind. But, when my portfolio is the only one to bleed, it hurts me. Double ugh.

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