Wednesday, April 20, 2005

CPI Data Ruins The Party

I thought everything was set for a rally today after Intel and Yahoo numbers, but the CPI data was not market friendly at all. People just sold into the early morning strength and the market was never able to recover. Genzyme and Amgen will be reporting earnings tomorrow. I'll be keeping a close eye on those earning reports. Fortunately, my portfolio is holding up well in this market correction. Maybe concentrated portfolio is not that bad after all??? Seriously, I will start to diversify my portfolio a bit.


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