Monday, August 07, 2006
Market Update
Bidding on Boliden. Swedish stocks are getting hammered today. Meanwhile the US commodity counterparts are seeing nice gains. Boliden is too cheap. Have another hour or so to pick up some more stock. (The metal prices are up lately). Asian and European market sold off today and while the Nasdaq future still was around -0.23% I sold my whole position and just started buying back seconds ago at around -0.79%. Of course I should have gone short, but at least I saved some money. It is, by the way, a very healthy market that sells off before tomorrow's Fed meeting. Notable is that my US stocks are all up today; GOOG, GS, TTM. Still which I owned MA.
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