August 3, 2004

My Daily Market Report

My last stock was stopped out today. That puts me back at 100% cash. Trading has been very easy these last few weeks; I just sit on the sidelines keeping my powder dry.

Historically the market does better in the fall. Rumor has it, the market is afraid Bush will not be re-elected. Perhaps, once it looks more certain The Rock will be re-elected, the market will resume its rise.

Posted by Ted at August 3, 2004 10:13 PM