Radio Silence

I apologize for the lack of posting earlier. I’m at the Money Show investor conference in San Francisco.
There’s not much I have to add to today’s news except to say that it was very ugly out there. The Buy List, however, was down -1.32%, which was 101 basis points better than the S&P 500. I guess that’s sorta good news.
Also, I’m not buying that this is about valuations. The Value Index (^SVX) was down more than the Growth Index (^SGX). Actually, the Value Index has beaten the Growth Index for seven straight days. That seems a bit odd of a sell-off.

Posted by on July 26th, 2007 at 11:59 pm

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