by Travis Johnson, Stock Gumshoe | September 16, 2008 12:27 pm
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Well, hasn’t been a good call so far. I think strong insurance companies are still a good bet going forward, and I like the mix in the PIC ETF, but it’s certainly falling along with the market at the moment (down 4%). We’ll see if it triggers my stops and I get kicked out.
If it eases your pain a bit gumshoe, I help manage a number of portfolios for part of wachovia securities and PIC has been a long time holding in our best performing one.
Well, thanks to the tumult in the market I got stopped out of half of my position today just under $15. On balance I increased my insurance exposure anyway, with my purchase of Berkshire Hathaway this morning, but I’m down a bit on this one.