Wow, what a horrible month! I started the month underwater and things went south from there. I've been as low as 12% in the red when the Dow dipped below 10,000 yesterday. And I've been in a negative position for all my holdings for most of the month. Thanks goodness for a strong day today and hopefully a strong day tomorrow to finish up the trading month.
Although the market has been terrible, I'm pleased to say that this has not caused me to stray from my strategies or lose sleep. I bought a lot of bargains on the way down and I'm still very confident that all my purchases can be sold for my usual profit one day. I wish I could say the same for my long term holdings of BP. I'm also pleased that I will be able to collect dividends (as planned) while I'm waiting for the market to rebound.
So yeah, I'm in a hole at the moment, and am looking at some slow months in the future. But this has not shook my confidence in my strategies and this is very reassuring.
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