Market Misc.

What a week so far! Record high for Dow and S&P 500 index. Yes that means that I'm deeply in red with my investments since I've been short the market midway on the way down late July, early August so it went down some and then waaaay up. Looking behind, it seems I was a bit early with my shorts but I still believe the market will face correction sooner rather than later.

Articles like "U.S. Investors Face An Age of Murky Pricing: Values of Securities Tougher to Pin Down; Discord at Dillon Read" helps to confirms my belief.

Copyright 2007, DannyHSDad, All Rights Reserved.

Big Changes: job, home, investments

I have taken a job in Orange County so we'll be moving this weekend and I'll start a new work next week. My internet access will be out for a while so don't expect much the next week or so. [but then I haven't been actively posting these days]

Also, I have been neutral towards stock market and have been mostly cash. I did have S&P500 fund for several years although only 12% of my investments. I cashed it in Feb right after the big drop. Today, I have gone negative and invested the same amount into SH. I'll probably put more in over time. I've been fairly negative about stocks but I was in cash until now. Take a look at some housing bubble blogs on what's happening and why I think the tide is turning regarding the market.

Copyright 2007, DannyHSDad, All Rights Reserved.