Here's how my Q1 2007 purchases are performing:
The overall gain is $1,578 and 11.4% for a total investment of $13,805.50, excluding commissions. While the market was a bit choppy this past week, I am still bullish as I think corporate earnings will continue to be strong this quarter. At this time, I plan to continue to own Avnet, Coach and Biogen. I will sell Genlyte on any rally that puts it above the purchase price.
Also, I am no longer trying to buy CB Richard Ellis (CBG), even though it meets my buy criteria. The additional interest rate uncertainties from this week make a commercial real estate service company less desirable for me.
For more Reflections and Musings , check back every Saturday for a new segment.
This is not financial advice. Please consult a professional advisor.
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