...Well, maybe not exactly cruising. The account has come way off it's highs back in March or so.
By the way, I'm sorry I haven't posted in so long. I know I don't have many readers, but I may have more if I just put something in here once in awhile.
Anyway - I discovered this morning that the Dogs website once again has all five of the stocks in the account as part of the current Dogs. Of course, DD and MRK aren't small dogs anymore, and they haven't been since just a few months after I bought them. I sold some MRK in March when the market hit it's highs, and probably should have sold something in April as well, but my computer went out and I had to revamp the spreadsheet. Luckily I had some copies of it in my wife's laptop or I would have been screwed. I'm still struggling trying to get stuff back. Anyway, I wasn't able to get access to the spreadsheet until the 29th, like a week later, and by that time the bottom had dropped out of the market, and it hasn't recovered since. Now I'm down close to even on the sheet and probably months from any further transactions. The dividends are still paying, though, and I'm up to almost $500 in my cash. I would have crossed that point last month, accept for the $30 IRA fee that Zecco charges it's clients. I've re-put that on my calender for next year to switch my account to OptionsHouse. I put my wife's IRA in there and it's great. $2.95 commissions and NO FEE! Hopefully it will still be that way next year.
The account is still up quite a ways, though, and starting to show signs of health. Even though we are in the middle of a fairly hefty correction, the only stocks that are down are T and PFE, neither of which moved much in the rally. I am in no danger of having to adjust anything at this point, and in waiting mode.
In the future, I'll make a point of posting every time the Update period passes, whether I have interesting stuff to say or not.
Wednesday, July 7, 2010
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