Tuesday's Activity, Overall Performance, Current Holdings
Covered all DITC at 14.83 -2.48
Covered all CKCM at 14.40 +2.81
Sold a full position of TMTA at 12.10 +.95 (still holding a full position from a double position)
Bought 1/2 position in MTSN at 16.35
Another rocky first hour, then things settled down nicely. Ended with a very nice up day.
Profit of $19,101 or 1.19% for the day. (I would love to annualize this - ha ha)
Overall Performance since April 28, 2001:
Potfolio value is $1,624,219
Portfolio is plus $124,219 or 8.28%
I am currently 3 to 2 to the short side (approximately 409K long and 604K short, 60% vs 40% to the short)
Portfolio is approximately 62.40% invested
Total realized gains since April 28, 2001 are $115,464
Link for Current Holdings:
siliconinvestor.com;
The link above mirrors my personal portfolio exactly.
On April 28, 2001 the portfolio was valued at 1.5 million
A full position represents 6% of portfolio or $100,000
At the end of each month, I dollar cost average 1/2 my profits into value mutual funds.
The portfolio is managed like a hedge fund. (a mix of value longs and overextended, overvalued shorts)
I try to limit my loses to 8-10% maximum and most of the time much smaller, based on a full position.
Many Happy Returns
Michail |
