Friday, June 15, 2007

Friday, June 15th

Thursday, June 14th:
The markets had yet another rally today as consumer spending continued to grow at a good pace. My account lagged slightly, only gaining a fractional amount. I did not make any trades on Thursday, but CHND is consolidating to a price where I may be tempted to buy more.

Holdings as of the end of the day Thursday:
AOB 41.1%
CEDA 17.6%
CHND 5.2%
LWLL 3.6%
QAEIC 3.7%
UTVG 18.3%
Cash 10.5%

Outlook for Friday:

I will continue to watch the markets today for any buying opportunities. Between the recently started hedge fund and my personal account, I have plenty to watch for. I continue to wait for XING's long awaited earnings report, but do not hold out much hope for them reporting before next week.

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