Archive for October 8th, 2008

World’s Major Central Banks Cut Rates to Aid World Economy

Wednesday, October 8th, 2008

Ladies and gentlemen, today marks an important date in history. The world’s major central banks acted in concert to lower their key interest rates in an effort to ameliorate this global financial crisis. It doesn’t get any more clear than this - we are in deep financial muck and the world’s major central banks are […]

Private Investment Program 2 - Sept 08 Trading Results

Wednesday, October 8th, 2008

Here are the September 08 performance result for my Private Investment Program 2:
+4% gross returning +3.2% net. this is the best we could do under the circumstances, as our margin bank interest is way up on last month.
In my opinion this isn’t such a bad result considering the massive volatility in the stock market. This […]