Wednesday, June 24, 2009

The Investment Neighborhood

(c) 2009 F. Bruce Abel



OK, here's my analogy and this is totally original. I have seen it nowhere else. We each create and enter into our Investment Neighborhood. Once we do this we have to fight to control it, get out of it, give in to it, whatever.



My Neighborhood was created the beginning of the month and consisted of:



300 X

500 ADCT

100 SLV

500 BAC

100 EJ



I felt good about building up and buying into this Neighborhood. But it deteriorated fairly quickly. I lightened up by selling EJ. Today I sold 100 X.



You could say that my Neighborhood was a mix between China Town, (ADCT, EJ), Jimmy Rogers Town, (SLV), James Cramer town, (X, BAC), and Go With The Hedgies Pile-in Town, (X,BAC).


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