Feb 28 2007

The Sky Didn’t Fall Today in the Stock Market (U.S.)

So I followed my plan per my earlier post and bought Goldman Sachs (GS), Cisco (CSCO), and eBay (EBAY) at approximately a 5% discount to the prices they were trading 2 days ago. I say discount because I saw this as a buying opportunity. I added only 25% of my target position just in case the market drops further. It didn’t. I do think there is some chance over the next 2 weeks that it will drop, but over the next 6 months I expect to be higher than the current levels.

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