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AlbertJayNock

Financial Stuff

My trading portfolio performance today was rather humiliating. It was down .31%. This is not such a huge dip, but the rest of the stock market was going gangbusters. The Dow was at a six year high, and the other indices were up as well.

There was lots of other good economic news. New home sales were up, oil prices are down for the third straight day, and consumer confidence is at a 4 year high. All very impressive.

Here's another irony. I think some of this good news accounted for my lackluster performance. I own a couple of energy stocks,
Hornbeck Offshore and Patterson UTI-Energy as a play on rising oil prices. That didn't work today. Both of them were down.

I can take a little humiliation if the economy as a whole is good. And tomorrow is another day.

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