Investing Adventures

Wednesday, July 18, 2007

Bears Roam The Street Today

Filed under: Equities, Portfolio Progress — Jorge @ 6:54 pm

Seems like the bears finally won a round. DJIA’s down about 100 points currently. I’ve gone ahead and sold my stake in Goldman Sachs. Financials are extremely volatile at the moment. I’m hoping [[GS]] will drop around $200/share and re-enter once things in the financial sector have stabilized. With the recently selling of [[HAL]] as well, I’ve managed to open up a few positions in my portfolio. Over the next week I’ll explain my theories on the new participants to my portfolio.

New to my portfolio today:

XTO Energy [[XTO]]

Gamestop [[GME]]

Titanium Metals [[TIE]]

I’ve also added to my position with [[LVLT]]. A drop of 2.3% always makes for a great buy-in.

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