Wow, the market is in a serious sideways funk. Every sector is taking it on the chin. Even, if you try trading options- which I have, you will still lose a crap load of money; I have. Nothing seems to be working. I have been in only one (real) Bear market in my lifetime and that was in 1987. However the subsequent losses after the initial plunge on "Black Monday" of 1987, was not as persistent and severe as this one. Wow! Stay tuned for the next post, maybe we will find the light somewhere.
By Rick Walter I have posted a new Biotechnology portfolio . It's total return as of November 25, 2009 is 3.4%. However, to download and use it you will have to subscribe to the portfolio, of course. On an important note, I consider each portfolio to be well diversified in its particular sector but I've recently decided to add stock futures and options positions to each portfolio which will increase each portfolio's return but lower the risks going forward.
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