Updates

First, I want to apologize for my last post. It was short and pretty much uninformative. I wasted your time. I was going to take it down all together but I have decided that I will keep it up and hope for your forgiveness.

I am going to try to blog when I actually have something to say rather than trying to force a post just for the sake of posting.

Second, let me give you some updates regarding my picks. I'm not going to give a run down, just some highlights. DaVita (DVA) has started to come back from it's low established after their earning disappointment. The stock ended November down 2.88%, but it did put up an impressive performance at the end of the month, as did much of the market. Jim Jubak, who suggested the stock, has sold DVA out of his portfolio over at MSN. I have decided to hold onto the stock. Being that DaVita is such a major player in the dialysis market and our country has "a little bit of a weight problem", I think that it is still a stock to stick with for the time being.

Transocean (RIG) has been an out-performer for some time now. This month alone the stock surged forward a little over 19%. I have run this blog as an all or nothing type of picking site, meaning that I don't say how many pretend stocks I hold. That also means that I do not add or sell portions out of a position. Which is too bad in this situation. I think RIG is good going forward, but I see oil prices starting to recede a bit. With OPEC rumored to be raising production the commodity has been under pressure. But the other issue is that there has been a lot of hot money trading in oil and gold. If oil holds under $90 for a few days, falling under $80 per barrel is a real possibility. If I could sell part of my position now, I would.

My real position in iShares MSCI Brazilian Index EFT (EZW) has been extremely volatile. It has lost 16% in a day and regained it back the next. It is just wild to watch. I expected some ups and downs but man. I do not have a large position in the EFT so I willing to let it ride. If I had a much bigger position I would not be nearly as comfortable watching it. With that said, the EFT showed a loss for November of just under 2%.

The market has been just as crazy as EZW. I think the roller coaster ride may continue. And if the Fed decides to show a backbone, which is becoming increasing unlikely, the markets will take an absolute beating. But Helicopter Ben will deliver the goods to the bankers calling for help. He shown that he will if they cry just loud enough.