The Iconoclastic Investor

To make better than average money in the stock market you have to do something different from the average investor. You have to be an iconoclast--thinking independently and finding the approaches that work for you, not blindly following someone else's program. In this blog I'm refining my own iconoclastic and eclectic ways of thinking. I'm not trying to convert anyone to my opinions or methods--I just hope to provide a useful perspective and inspire some other investors' thinking.

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Location: Albuquerque, New Mexico, United States

Thursday, May 18, 2006

Bought Russell 2000 ETF

I bought 50 shares of iShares Russell 2000 Index (IWM) in the pre-open market. I'm not calling a change in direction here, just playing for a short-term bounce. I'll have a tight stop on this holding.

Posted at 9:20 a.m. Eastern time.

posted by Houyhnhnm | 6:14 AM

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