Here's the latest on how the sell signal is working for me
and for the market in general.
As far as the markets in general, the US market as a whole
went up slightly over the past month. As of tonight, the
US market is 1.6% higher than it was on 1/12/00, when I
was first able to act on the sell signal. One month ago,
it was 2.1% lower.
The total international market, as measured by the average
performance of VWIGX and MNIGX, is now down 0.5% since 1/12/00,
just a little worse than the US market. This compares to
a reading of down 3.8% one month ago.
The European market, as measured by the average performance
of PRESX, VEURX, and FEURX, is up 4.6% since 1/12/00.
Here are the data related to the above paragraphs.
% Diff. Since 1/12/00
Wilshire 5000 1.6%
VWIGX 6.6%
MINGX -7.5%
Average of VWIGX and MNIGX -0.5%
VEURX 1.1%
PRESX 1.5%
FEURX 11.1%
Ave. of VEURX, PRESX, FEURX 4.6%
All in all this week, I'm 11.7% better off than I would have
been if I had just held everything. That's a little worse than
one month ago, when I was 20.2% ahead.
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 13.0%
SRFCX 01/12/00 10.9%
MNMCX 01/12/00 14.9%
500 Index 01/12/00 1.5%
VWIGX 01/12/00 6.6%
CYMI 01/12/00 -15.1%
CYMI 01/31/00 -31.2%
MOT 02/04/00 -32.5%
MOT 02/11/00 -34.9%
PRSCX 02/29/00 -10.9%
UTEK 02/29/00 -28.8% (See Note)
Average -9.7%
Less Money Market Interest 2.0%
Total Opportunity Cost -11.7% (Negative means ahead)
Last Week's Value -20.2%
[Note: % benefit on UTEK was locked in with a purchase on
4-14-00 at $11.75 per share.]
To summarize, the markets have not moved much since 1/12/2000,
when I was first able to act on the sell signal. The
stocks and funds that I sold, however, have dropped,
so I'm 12% better off than if I had not followed the sell
signal.
Best wishes,
I2 |
