Like many before me, Pfizer (PFE) has caused me heartbreak. I sold all but 100 shares of it today, and will consider it a closed position at a percentage loss of 5.5%. I also picked up more IF and EWM and opened a new position, VNQ.
It appears I correctly called a bottom in the banking sector. Today, Bank of America reported better than expected earnings (which means they weren't completely abysmal), and CNB keeps chugging up. As one of the few people in the entire country who called at least a short-term banking bottom correctly, I am waiting for my first CNBC appearance...but won't hold my breath.
I've been keeping track of all my retirement accounts, which is where I do most of my trading. From June 3, 2007 to July 21, 2008, my portfolio increased 3.0%. It's not great performance, but the S&P 500 decreased 18% during that same time period, so I'll take it [from June 1, 2007 (1536.34) to July 21, 2008 (1260)].
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"And if an epitaph be my story, I'd have a short one ready for my own: I had a lover's quarrel with the world." -- Robert Frost
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