August 05, 2005

More bad news

I'm down another $168 today -- a full two percent. Toll Brothers (TOL) really got hammered; it was down $3.93 (7.1%) on speculation that interest rates might be going to 4% by the end of the year, fueled by a strong July employment report. I'm wishing I'd sold TOL back when it was $57, obviously... but will continue to hold it at least through the quarterly earnings report later this month.

My decision to sell Sears (SHLD) is looking better and better, though. It was down another $2.32 today. I'll be looking over their earnings Sept. 8.

Posted by kindall at August 5, 2005 03:27 PM