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Portfolio Progress - September 9, 2007

Started by Jorge · 10 months ago

This past week was somewhat uninteresting until Friday. Here’s a quick recap:

Thursday (9/6): Apple (AAPL) released the new iTouch as well as slashing prices on their current iPods and iPhone. Apple’s stock sank 5 points on the news primarily as a result ... Continue reading »

4 comments

  • Spanish Joe

    1 year ago

    It really is chaotic to see the market behaving in such a wild fashion lately. I somewhat concerned about the hints of a recession coming - as the subprime may leak into the overall economy.
    reply
  • Jorge

    1 year ago

    Some people think we're in a recession already. Even if the Fed cuts rates, I think it takes about 6 months for it to run its course in the system which may be too late. It'll be curious to see what the Fed does this week if they call for a rate cut early or if they wait until next Tuesday during their meeting.
    reply
  • Warhammer

    1 year ago

    Market is really wild lately indeed.
    reply
  • Jorge

    1 year ago

    It has been. Monday was extremely slow.. very little action. Yesterday was nice. I enjoyed the tech bounce. As a result, I have a special Portfolio Progress coming up. First time I've turned a profit in the market. That's huge for a newbie hah!
    reply
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