Wow, I am watching the early morning CNBC show. Looks like another painful day coming up. I think that margin calls and over-extended hedge funds could really cause a steep drop. We'll see. I still have $ on the sidelines. And cash is king when marekts crash.
I have decided not to replace ANF (at one year anniversary today). Rather I will add shares this week to round out my holding. I wanted to stay in retail. I liked ANF more than other options - DEBS, bebe and AEOS.
Enough of my rare morning posting. Perhaps more tonight.
Commentary and Tracking of a Portfolio of Stocks using approach from "The Little Book that Beats the Market" by Joel Greenblatt aka Magic Formula Investing
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About Me
- Marsh_Gerda
- If you believe that you should not trust anyone over 30, then you should not trust me. I have lived in three different countries, have been married for 15+ years and have 4 great kids.
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1 comment:
Hi, MG. Coincidentally, I added ANF to my portfolio this morning. (Might be lower by the end of the week, but who knows. I figure in a year's time, it won't matter much.)
Keep up the great work with the blog. You're definitely the most active MFI blogger I'm aware of, and the content is always interesting and/or informative.
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