1K Portfolio

Account Value $974.57
Money $409.57
Securities $565.00

As of 2007-12-11 06:00:04 PM PST

Check out this headline:  Fed Lowers Rates, Wall Street Tumbles

It’s usually a good thing for the market when rates get lowered, right?   Well, not when some investors were hoping for more than what was given.  The 1K Portfolio shot back up today.  I have a feeling more selling off of stocks for the rest of this week.  Let’s see how earnings go for LEH (Lehman Brothers) 12/13, GS (Goldman Sachs) 12/18, and BSC (Bear Sterns) 12/20.  Instead of a year end rally, we might see a the market the color of the Santa’s pants.

Didn’t make any changes to the portfolio today.  Still under $1000, but I have a feeling it’ll go higher.  Now that teh Fed decision is over with, time to get back into game.

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Account Value $859.57
Money $409.57
Securities $450.00

As of 2007-12-10 06:00:09 PM PST

Oh my goodness! This portfolio is tanking! :(   -15% overall.  The fed better not cut .50 tomorrow.  Also, I’m going to be tagging these entries (as best I can) with the ticker symbols of stock in the portfolio.  These will be in addition to any other tags related to the post.

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