Daily Speculations

The Web Site of Victor Niederhoffer & Laurel Kenner

Dedicated to the scientific method, free markets, deflating ballyhoo, creating value, and laughter;  a forum for us to use our meager abilities to make the world of specinvestments a better place.

 

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7/12/04
Tech Maven Dick Sears Writes In His Weekly Commentary

This past week was not what I had in mind when I said I hoped to see the market get off to a good start in the second half of the year.

Nor was I pleased by the market's misbehavior while I was out of town.

But I am happy about the people we were visiting, our grandson Charlie and his parents. They show that not everything at Fenway Park is bad.

Returns for Week Ended July 9
Gilder Technology Index (GTI): - 4.7%
Nasdaq Composite Index (NSD): - 3.0%
S&P 500 Index (S&P): - 1.1%