| ||||||||
(FOOL GLOBAL WIRE) LEXINGTON, KY. (August 29): As wonderful as yesterday was for the Investing For Growth portfolio, today was almost as delightful ... if you're short IFG. With no news on any of the ten IFG holdings, all we can do is mark this one down to a rotten day and move on.
Eight of the ten stocks gave up some of this week's gains, with only RoTech Medical and SCI Systems managing to stay above level. Tellabs and Paychex, which have been vying for the table tennis championship of the portfolio, getting bounced all over the table lately (but generally on the move higher), were the biggest losers on the day.
Nonetheless, days like today are attributable to an overall market mood rather than anything fundamental about the individual stocks, so it's a little easier to ignore the action than if a spate of negative earnings numbers or analyst downgrades of the individual stocks had inundated us.
Nothing else to say, Fools. Brush yourselves off, turn the other cheek, tomorrow's another day, and a million other cliches. Stay Foolish! Transmitted: 8/29/96 | ||||||||
| ||||||||
| ||||||||
All Rights Reserved. This material is for personal use only. Republication and redissemination, including posting to news groups, is expressly prohibited without the prior written consent of The Motley Fool, Inc. | ||||||||