Thursday, December 14, 2006
Stock market update 13 Dec 2006
In my case, the viewing of the portfolio after the crash of the second day left the market down by around 1000 points was painful, but I expected to see the values that I saw. It has not fully recovered, but the last 2 trading sessions were good, and prices are slowly recovering. It helps that I have weeded out some of the more risky ones, and even the mid-caps that I know fared decently (meaning that they did not drop like a stone).
What has not recovered is overall condition of Mutual Funds. They are fairly down, and will take a few more sessions to recover. This is actually something that is not so clear to me. I would expect the Mutual Funds to fall less and recover faster than my portfolio, but that does not seem to have happened to my portfolio. Maybe there is something that I am not understanding.
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