I'm going to stop doing a daily Model Portfolio update, as nobody reads this drivel anyway most days are likely to be short-term noise with very little long-term significance.  I'll update in the event of large-scale movement or if I make a change to the portfolio.  Weekly results will also continue.  Today was a noise kinda day, but generally good for the portfolio as banks got whacked even with the market up a bit.

If I have anything that I feel is worth saying in regard to the markets outside of portfolio performance, I'll do it in a separate post.  As my focus is much longer term than that of most traders, however, it's not likely I'm going to have much to say on day-to-day market crapola.

Meanwhile, read Denninger for constant updates on the mortgage fiasco, read Zero Hedge for your daily dose of market cynicism, gold touting, and conspiracy theories, and most importantly, Move Your Money.

Posted by: Hermit Dave at 12:03 PM | No Comments | Add Comment
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