20 November 2008

Back to 2003

Steady losses until end-August, then one on the chin in September, two to the body in October, and now I'm being kicked in November, Losing nearly 50% of my stock market funds in 2008 means that I'm back to where I was in 2003.

I suppose I could say that I got one prediction correct: that resources and commodities would be badly hit - they have been, but then just about everything has been badly hit.

All this carnage has occurred against the background of much insider buying, but this has seemed to be a misleading indicator throughout this year.