Sunday, November 11, 2007

A Rare Post

If you follow this blog at all, you will note that I have made few postings the past few months. Perhaps the greatest reason for my inactivity is that I am getting "my clock cleaned" almost daily in the markets. In August I began thinking that I was overweight in financials. I stuck to my guns and am paying the price. I still believe in the stocks I own for the long term. However over the short term their may still be a tremendous amount of pain associated with owning American International Group, Citigroup, JP Morgan Chase, and a non-financial, General Motors.

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