Here's the latest on how the sell signal is working for me.
But first, I'll review the performance of the markets in
general.
Just as it did last week, the US market made new highs
again this week. As of tonight, the US market is again
sitting at an all time high, 9.9% higher than it was on
1/12/00, when I was first able to act on the sell signal.
This compares with the 6.3% higher from last Friday.
The total international market, as measured by the average
performance of VWIGX and MNIGX, also went up from last
week. It is now up 9.1% since 1/12/00, slightly less than
the US market.
The European market, as measured by the average performance
of PRESX, VEURX, and FEURX, also went up a little this
week; the average is up 12.2%, as compared to 10.7% last
week. Again, the average is skewed by the performance of
FEURX.
Here's the data related to the above paragraphs.
% Diff. Since 1/12/00
Wilshire 5000 9.9%
VWIGX 10.2%
MINGX 8.0%
Average of VWIGX and MNIGX 9.1%
VEURX 5.8%
PRESX 4.7%
FEURX 26.0%
Ave. of VEURX, PRESX, FEURX 12.2%
All in all, I'm 12.3% behind where I would have been if I
had just held everything. That's slightly worse than last
week's 8% behind.
Again, I didn't sell any more this week. I nibbled a
little bit on some individual stocks, but really didn't buy
too much of anything.
Here are my sales since the signal, as well as the percent
increase (negative numbers indicate a decrease) in the
prices since I sold.
Security Sell Date %Diff. Since Sale
PBTCX 01/12/00 56.1% (Ouch!!)
SRFCX 01/12/00 31.4% (Ouch!)
MNMCX 01/12/00 20.7% (Ouch)
500 Index 01/12/00 6.4%
VWIGX 01/12/00 10.2%
CYMI 01/12/00 17.8%
CYMI 01/31/00 -4.5%
MOT 02/04/00 5.5%
MOT 02/11/00 1.7%
PRSCX 02/29/00 6.7%
UTEK 02/29/00 -6.1%
Average 13.3%
Less Money Market Interest 1.0%
Total Opportunity Cost 12.3%
Last Week's Value 8.1%
All in all, the world markets went up about 3% this week.
Both the international markets and the US markets are
slightly more than 9% higher than on 1/12/2000, when I was
first able to act on the sell signal.
Best wishes,
I2 |
