As troglotrader pointed out in his comment on my last post – I have been hiding behind the sofa this week. It seems I am not alone – You would not believe how many other investors were behind there.

No sales this week but the portfolio seems to have finally stabilised a little.

The Japan 225 is trading about 20% down and seems to be ranging between 8500 and 9000. I have had a few short positions on the FTSE and the 225 over the last few days. This has compensated for some but not all of the losses over the portfolio. Lessons learned for the next natural disaster. If somebody out there knows when and where it’s likely to happen can they please let me know in advance. – Thanks…

I am planning on holding on to most of my shares for now, although I would quite like to increase my XEL holding before the report due at the end of this month… I can’t help but think it will be a good short term move so a sale or two will be required.

I realise that this is probably not the best time to ask but Cornwall based charity “Shelterbox” are heading off to the worst affected areas in Japan this week to provide help to those who have been made homeless by this weeks events. If you were thinking you would like to help then a donations will be well spent.

http://www.shelterbox.org/donate.php

All we can hope for now is that things cool off now in Japan without further complications. Good luck to all.

 

Doug