Thursday, December 18, 2008

Picks Going Strong

The first of the week I picked up 2340 shares of BAX for Pete at 49.69 and I am still riding it. Still a lot of room to run on this one. One bad habit I have is not spreading my funds over at least a couple of stocks to kind of diversify my holdings. This is really a good idea for new investors, as it lessens your exposure to potential downside.

Personally, I am still riding the HIG train. I don't know when this one will end, but I will start getting cautious around 22.00 when it's close to half its book value. The market itself seems a little unsure of itself amidst the auto industry bail-out talk. We'll just have to wait and see how it all plays-out.

Have a good one.
- Roger

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