Hello Friends! I am trying to stay up with all of the tasks of having a BLOG. Sort of like homework every day my kids would say. Anyhow, November 24, 2003, was the week of escaping everything except "Death and Taxes". Hmmm..now which famous writer said THAT? Anyway, I truly only made two selections for that week: Odyssey Healthcare (ODSY) a hospice service company, at $35.94, and H&R Block, your local tax preparer, at $53.41.
When I posted ODSY on Bob's Advice on 11/24/03, it was trading at $35.94. It closed yesterday, 1/30/04, at $29.42 for a loss of $(6.52) or (18.1)%.
When I posted HRB on this site, it was trading at $53.41 on 11/26/03. HRB closed yesterday, 1/30/04, at $57.93 for a gain of $4.52 or 8.5%.
During this eight week period these two stocks almost cancelled each other out, however the loss was greater and the average performance for the two was a loss of (4.8)%. Perhaps I should avoid death, go long on taxes, and prefer growth? Enough philosophizing....thanks for stopping by! Remember to always do your own due diligence on all of these selections and consult with your investment advisors before taking any action.
Regards and Have a Great Weekend!