Portfolio bleeding profusely

Up and down varies every day getting into hurricane stocks right now since the season is comming. Don't worry once the summer months are over most stocks will rebound to where they were trading before then.

After dropping about 20% in the last two weeks of May I have been able to recover it all during June and July.

Currently up 110% YTD ... hopefully I can keep these gains and add to them.

Very nice gee!

If you choose to play during the summer (or anytime for that matter), do a lot of research, daily, even hourly, and play stocks for what they're worth. I'm not talking about day-trading personally, I'm talking about picking stocks that hold their own during this time of the year, and perhaps do some swing-trading if needed. PLE and EFR have worked wonders for me thus far. That's only my own experience. In the mean time, keep an eye on DNR. Happy Trading.

Well, I'm have lost about 55% so far. Reason being, I broke my own rules. Also, looks like my stars are not right.

Hoping that the worst is over.

I'm down 11.06%. It seems like everyone got hurt from the market correction May-July. Too bad I don't have the guts to go SHORT.

The past two weeks were very positive on the $CDNX (as unlikely as that seems)...August will likely see renewed interest.

Give it time, don't worry about it if your down right now. Experience is what counts. Right now in the market depression you are learing what its like to be in a bear market. Remember what happens now and use it as experience for later. You may not short now or in a year but give it time and you will be shorting anything you can touch with will, DD, and experience you will aquire.

Stick with the big board stocks. Less headaches and more consistent profits. Only dedicate 10% or 20% of your portfolio to trade penny stocks for 1 day quick flip.

i started a thread mid-april that i feared a may correction and that i would proceed to increase my cash position. by the end of the first week of may, i increased my cash position to about 18%, selling out of many profitable stocks. i had several great runs especially REV. as a result i was somewhat immunized to the correction. my portfolio at its weakest dropped only 9%. I did well on EFR but I seguewayed it all into additional PLE which has really moved my portfolio. And Zorba is right--keep an eye on DNR.

My weakest during the correction was about -30% from my portfolio position just before the correction. I'm now at -5%. I'm still up quite a bit since the beginning of the year though.

peter, the best time to buy is this period but you have to be very choosy and disciplined.

i just joined you in the bleeding today peter

just gota wait for the market to pick back up.

Personally, I would have to say that the summer is the most fun time of year. Given that it hurts that my stocks are way down but they are down though there is nothing wrong with any of my companies. The big funds decide to sell and thus the prices of many stocks go down.
With the fundamentals of my companies unchanged I look at summer as a chance to buy more of the ones I see the most potential in come Autumn. The only big frustration is when I run out of cash for buying. But so far I am ok.
I imagine the autumn could hold more frustrations if the ones I chose to bet on do no bouce back, but I doubt it.
Good luck everyone!!