Unpredictable Markets? Heed Your Own Voice (at Seeking Alpha)

by: Robert Freedland posted on: October 10, 2008 | about stocks: ' anyone? After spending the last five+ years on my blog repeating endlessly the mantra of 'listening to my portfolio', what did I do? The darndest thing about my blog is that I have to do all of these dumb things so publicly! My portfolio was down to one position, my Covance stock and I knew that I had these 'permission slips' to be buying shares. So with the first sign of a bit of strength in the market the last couple of days, I was in there full bore, moving back up to my minimum of five holdings. And you know the rest of the story. Stocks plunged Thursday, sending the Dow Jones industrial average down 679 points - more than 7 percent - to its lowest level in five years. Stocks took a nosedive after a major credit-rating agency said it might cut its rating... [read full story]