Monday, November 17, 2008

Sliding lower on no news

There was little news of significance out of my portfolio companies today, and most of the portfolio slid lower in concert with the broader markets. I've made several purchases in recent months, and will continue to average down if the slump continues (and as cash is available). There is really no catalyst for buying amidst recent news of job cuts and economic weakness, but then again the market often turns higher before the economy does.