July 25, 2005

Ups and downs

Sigh. Down $45 Thursday; up $65 Friday; down $60 today. Y'know, investing is really interesting when you're making money consistently for a week or more, but far less so when the market can't make up its damn mind. The Dow, S&P, and NASDAQ are all down, though, which makes me think it's not something wrong at the companies I've picked but rather a general market downturn. The "tech rally" isn't looking so good -- the Vanguard tech SPDR (XLK) has dipped below where I bought in -- but I'll give it a few months.

But Paxar (PXR) was up 28 cents today. I'm starting to make some money with that little company. The company was up around $25 in March, which means it may well be headed back up that way.

I'll probably stop doing the day-by-day reports except when something really interesting happens, so expect somewhat less posting here in the near term.

Posted by kindall at July 25, 2005 04:56 PM