Wednesday, February 28, 2007

The US Stock Market grabs a small rebound

One interesting side note to yesterdays DUMPING, is that with our "buy on the dip" startegy, we entered into stocks that had previously been beaten up, so yesterdays knockout punch only scrathed our DIPfolio.

Biggest losers : SBUX, MPEL, NYX

SBUX - growth is slowing, their CEO claims saturation and stale experience. We are looking to get out soon.

MPEL - one word = CHINA

NYX - our biggest loser down over 10%. Like Carmer and many others, we too are sticking with this one.

We still LOVE THIS GAME and will be looking for some NEW BUYS soon!

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