Thursday, January 18, 2007

Karma Police

Good news and bad news. Good news; I did my homework correctly and Apple blew away the earnings estimates. Bad news; That there is no more good news. In the stock market that only means one thing; DOWN. I watched the stock quickly rocket and suddenly dive like never before and in that moment 95% of my investment GONE! I guess that's how it goes sometimes. I learned about the values of hedging the hard way and fortunately didn't lose much. So here is to cheap education and another day in the market.

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