I think today may have been my best day ever as a percentage, if not on an absolute basis on a relative basis compared to market averages. I was up 8.8% as I had about 10% stocks up more than 10%, led by QXM and EGY, both up over 20%.
Sadly, I am still far in the hole... I don't even think the past week (in which I have gained about 20%) has gotten me to where I was on November 1st... which wasn't exactly a stellar number. I do think the Chinese rate cut was a big impetus, as it seemed to push oil and basic resources up along with construction stocks like PCR, KBR and KHD.
I believe this 20% increase I have had is a bear market rally... it'll be fun while it lasts but I expect more blood-letting in early January. Hope I am wrong, but I am trying to look with a longer horizon... so I'll just ride out the jolts. Not much else to say, hope everyone has a nice Thanksgiving!