Sunday, September 14, 2008

Goodbye Microsoft!


I finally threw in the towel on Microsoft. It has just been dead money for to long for me. Don't get me wrong, a large portion of my portfolio [over 60 stocks as of today] are long term positions but I had to question my sanity for considering Microsoft [MSFT] a good long term bet. I mean what more can they do! That combined with everything else in my portfolio [at least it feels like it] being on sell right now I had to sell it off.

So now what? Stay tuned for Monday picks! As I move my cash position into FWLT? Or UPL?UPL? Or or FLR? So many stocks, so little time!

Tonight is the big game, no not the Super Bowl or the World Series but the "Bury Lehman Brothers Bowl"! We as American citizens will spend much more on this game then we do the Super Bowl and World Series combined. Somehow I don't think we will consume as much beer for this game. But I have to believe there will be plenty of alcohol consumed in some backrooms on Wall Street.

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