Monday's Activity, Overall Performance, Current Holdings
No trading activity today.
Another solid today.
Expect pretty significant changes in my portfolio heading into the FOMC decision tomorrow.
Profit of $11,811 or .70% for the day.
Overall Performance since April 28, 2001:
Potfolio value is $1,681,765
Portfolio is plus $181,765 or 12.12%
I am currently 6 to 5 to the short side (approximately 447K long and 485K short, 52% vs 48% to the short)
Portfolio is approximately 55.42% invested
Total realized gains since April 28, 2001 are $147,774
In 11 trading days since inception I am averaging a gain of 1.01% per trading day. 10 out of 11 profitable trading days.
Pretty amazing considering I been only 1/2 invested of cash and 1/4 of margin buying power.
Also, the portfolio has had very tiny volatility and risk.
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 |
