Friday, October 3, 2008

NTRI, NYX

I am a bag-holder of these positions but definitely not proud. Nyx seems to find new lows no matter what the direction of market is. And, ntri does not seem to follow any pattern lately. Sometimes ntri follows the market for a while - then it works as an inverse indicator of market for a while. Really strange!

2 comments:

Bluedog said...

NYX should be a steal here, but valuation doesn't matter much nowadays. Why a P/E of 10, when it can be 5, or 4 or 3 or 2? I'm holding EXM with a P/E of 1.23, and it's still getting clobbered. PEG of .13. WTF. Some are worth losing, but most are worth holding depending on your time frame.

MatchPointTrader said...

Exactly BD. If only I had enough money right now...! I am shocked with the P\E of exm - I am also holding some calls and most probably they will wash away. P\E of 10 in this market seems like P\E of 65 in bull market. I really hope NYX doesn't go below 25. I really am not sure what i should hold in my portfolio and what I shouldn't. I am definitely going to hold NYX though.
BTW, BD - I couldn't read last EXM post of yours. I hope you keep at least your blog up - there were some really interesting posts and links to articles\tutorials on your blog. Thanks for dropping by.