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Strategies & Market Trends : Z PORTFOLIO

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To: Ron McKinnon who wrote (5927)	1/20/2001 2:30:44 PM
From: Kelvin Taylor	Read Replies (2) of 11568

Ron, Good commentary. I agree with your points about having cash available at all times and about sell portions of a position as a stock price rises. Taking a profit on some and holding a position in a winner has proven a winning plan. That’s what I have practiced doing. However on the issue of performance, the Z port is actually better than you point out. Lets look at the profit margin figures a measure of trading performance. After all it’s the gains realized in trading that gauge our final success. From 1/1/00 through 1/20/00 the capital gains were $26,087. As a percentage of the starting portfolio value ($1,319,059) that is a realized profit percentage of only 2%. Now compare the current capital gains for this year. Actual traded gains $194,438 with a starting year balance of $1,050,065. Profit of 18.5% or 7 TIMES the amount for the same period a year ago. Plus last year at this time there were 22 open positions, 6 of which were in the green (27%). Currently we have 35 open positions and 26 are in the profit zone 72%! By any measure we have all done very well. Beating the averages so far by a wide margin and 25% cash. A big congrads to us for a job well done! Let’s keep the winning strategy going.

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