Portfolio Update
Jul 22nd, 2008 by Erv
I’ve been researching more ways to make money in this bear market we are experiencing. As a result, I have not been very timely in my posts lately, so it’s time to go over the stocks in our portfolio.
Earlier today I did write a post relating to FXI (click here to see the post).
On July 2 we were stopped out of GEX. our alternate energy ETF.
However, our other positions are doing well with Constitution Mining hitting a series of all-time highs and Crocs moving up along with FXI and PRW. Our only loser (besides being stopped out of GEX) since our last review is DBA, our PowerShares Agricultural Fund.
Overall, however, in this tumultuous bear market our portfolio is in positive territory, up over 1%, while the average Dow Jones Industrial Average is down 15% during the same period.
I am working on some exciting research that will allow us to make money regardless of the direction of the stock market, so please stay tuned.
