JUNE 5 ACTIVITY, OVERALL PERFORMANCE, CURRENT HOLDINGS
Covered all TARO at 71.41
Shorted 1/2 position HLIT at 10.90
Shorted 1/2 position GOTO at 27.55
Sold (1/2 of my double position) INTU at 33.70 +3.07 (still have full position long)
Another profitable day today. (but very small)
Extremely happy considering how NAZ and DOW went vertical today.
New all time highs again today.
SCMR, MFNX, IDN and HLIT went against me today (who and why on this earth would want to own these stocks is beyond me)
I am still boxed and neutral in TIVO, almost unboxed today early around 9. Perhaps tomorrow.
Profit of $2,610 or 0.15% for the day.
Profit of $62,457 or 3.64% for the month of June.
(these results do not include my profits on TIVO June 5 naked calls)
Unrealized profit/loss in TIVO June 5 naked call options:
profit of $8,400 overall on these options based on closing ask of $3.80
Overall Performance since April 28, 2001:
Potfolio value is $1,780,406
Portfolio is plus $280,406 or +18.69%
I am currently about 11 to 10 to the short (approximately 334K long and 438K short, 57% vs 43% to the short)
Portfolio is 43.37% invested
(these results do not include my June 5 naked TIVO call options gain/loss, will add to total results when I close the position)
Total realized gains since April 28, 2001 are $260,635
In 26 trading days since inception I am averaging a gain of 0.72% per trading day. (annualized thats 185%)
20 out of 26 profitable trading days.
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
traderpulse.com;
Michail |
