Here's the latest on how the sell signal is working for me.
All in all, it was a pretty boring week. <g> I'm only 8%
behind where I would have been if I had just held
everything. That's a lot better than last week's 17%
behind.
I didn't sell any more this week. I'm still a little shell-
shocked after getting hit with that huge bull run two weeks
ago.
Just as it did last week, the US market made new highs
again this week. As of tonight, the US market is now
sitting at an all time high, 6.3% higher than it was on
1/12/00, when I was first able to act on the sell signal.
The total international market, as measured by the average
performance of VWIGX and MNIGX, dropped a little from last
week. It is now only up 6.4% since 1/12/00, just about the
same as the US market.
The European market, as measured by the average performance
of PRESX, VEURX, and FEURX, also dropped a little this
week; the average is up 10.7%, as compared to 16.2% last
week. Again, the average is skewed by the performance of
FEURX.
Here are my sales since the signal.
Sell Sell Current
Security Date Price Price Diff. %Diff.
PBTCX 01/12/00 $65.22 $102.16 $36.94 56.6% (Ouch!!)
SRFCX 01/12/00 $35.22 $45.57 $10.35 29.4% (Ouch!)
MNMCX 01/12/00 $20.71 $24.52 $3.81 18.4% (Ouch)
500 Index 01/12/00 $1,435.00 $1,464.00 $29.00 2.0%
VWIGX 01/12/00 $21.94 $23.51 $1.57 7.2%
CYMI 01/12/00 $45.88 $50.31 $4.43 9.7%
CYMI 01/31/00 $56.63 $50.31 -$6.32 -11.2%
MOT 02/04/00 $155.00 $149.50 -$5.50 -3.5%
MOT 02/11/00 $160.81 $149.50 -$11.31 -7.0%
PRSCX 02/29/00 $72.13 $73.38 $1.25 1.7%
UTEK 02/29/00 $16.50 $15.69 -$0.81 -4.9%
Average 8.9%
Less Money Market Interest 0.8%
Total Opportunity Cost 8.1%
Last Week's Value 17.2%
1/12/00 Price Current Price Difference %Diff.
Wilshire 5000 13426.60 14273.00 $846.40 6.3%
VWIGX $21.94 $23.51 $1.57 7.2%
MINGX $22.42 $23.68 $1.26 5.6%
Average of VWIGX and MNIGX 6.4%
VEURX $28.21 $28.94 $0.73 2.6%
PRESX $23.53 $24.30 $0.77 3.3%
FEURX $23.38 $29.52 $6.14 26.3%
Average of VEURX, PRESX, & FEURX 10.7%
All in all, the US market went up a little bit and the
international markets went down a little bit. Both are
higher than on 1/12/2000, when I was first able to act on
the sell signal.
But as we've seen this week, all of that can change in a
BIG Hurry!
Best wishes,
I2 |
