OMG, HSFTs!

I'm OK... today's sell-off didn't kill me, but are we going up or are we going down? From today's action, it seems my recent BAC sell wasn't such a bad move after all. However, the rest of my portfolio set me back and left me wondering if I should remain so optimistic even in the face of tremendous opposition. I suppose Thursday's unemployment numbers and Bernanke's Friday Commentary will give us definitive confirmation - at least until the next big news events roll around to save or deter my portfolio:

-2.59% on the SBA
-2.24% on the Roth IRA

Interestingly, I woke up this morning and I was totally thinking... you know, I have been making millions (OK, maybe million with no s) - just not for myself! So, I'm feeling like the next phase in my life journey should definitely include a lot more financial accountability for my wallet.

Even more interestingly, the net NFP figures I was referring to in yesterday's post are actually at a critical level! We've now created 10% of the total NFP jobs lost since Bear Stearns/Lehman. Therefore, being ever rose-coloured, I'm going to start looking for some undervalued and overlooked stocks that are still priced near their June 2009 lows. Why June 2009? It's not as arbitrary as it seems, but recall a few months back, we had that ridiculous report that said that the recession officially ended in June 2009. Is it a stretch to find a stock priced at that level? It might be, but if I happen to be buying another top, at least it won't hurt as much.