While my portfolio has struggled mightily since the end of August (down about 18%), it could have actually been worse. When I decided to revise my approach, I sold out of seven stocks. Not because I didn't like them any more, but because I wanted to clear the decks for new approach. Those seven stocks are down almost 10% since I sold them. BBEP (-17%) and TLM (-19%) being the big losers as oil has increasingly become out of favor. Then I see where GPS is trading down 10% this morning and the CEOS is stepping down as they continue to struggle with many other retailers.
It is tough out there investing right now. I have to admit my confidence has been shaken a bit. I am glad I am going more formulaic as I am doubting my picking ability.