Day Seven

Today is the last day of the market watch competition which is probably a good thing for my hypothetical cash supply. Although the markets won't close for another hour and a half, I think I'm unlikely to surpass my sixth place standing,. Unfortunately, my Ford scheme has failed me and I'm out around $1500. What I perceived as a wise investment served me fairly well yesterday, but today has knocked me out of contention for the coveted fifth place position. Ford's disappointing return is a reflection of the current global market place as feelings of insecurity grow. I attribute these growing fears partially to the crisis in the Euro zone- particularly the apparent instability of Spanish banks. As the competition closes I realize what this experience has best taught me. Above all else, I now have a better grasp of the market's overall volatility- specifically as the relates to periods of instability in the U.S. and abroad. While I traded only in U.S. markets, my stocks were greatly impacted by economics instability in Europe demonstrating the impact of foreign markets on domestic ones.