My port is devastated by earthquake, tsunami and nuclear meltdown. Why? 60% of my portfolio is NIKL and it went down by as much as 4.39% today because of the Japan tragedy! NIKL, the 6th largest producer of nickel ore in the world, is the producer of nickel ore for Japan. My blog entry yesterday was that I am well-positioned to make huge profit because of my NIKL stocks since Japan with its wealth and might will definitely rebuild in the very near future. But, whooaa, what happened? Crazy, crazy!Well, despite today's performance of the stock, I am convinced that the proper reaction is to hold on tight to my NIKL position. NIKkiLee is "a honky-tonk angel to hold me tight... to keep me from slipping away... - Bartender's Blues by James Taylor".
Among my wives and concubines, only newcomer EDenCojuangco was able to perform (+1.64%) better than the market which is down (PSE 3,918.70 3,896.31 -22.39 0.57%) presumably also affected by the condition in Japan.
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