JUNE 12th ACTIVITY and OVERALL PERFORMANCE
Covered all HEPH at 5.35 +2.12
Covered all HLIT at 11.20 +2.97
Covered all EPAY at 5.27 +.31
Shorted 1/3 position IDN at 10.40
Bought 3/4 position WGRD at 7.03
14th straight profitable day today (pretty amazing streak in this market, especially being net short almost every day)
Made new all time highs again today.
IDN and HBIO were the only 2 stocks that went against me today for anything meaningful.
I am still boxed and neutral in TIVO.
Profit of $7,613 or 0.41% for the day.
Profit of $126,076 or 7.34% 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 $16,400 overall on these options based on closing ask of $3.00
Overall Performance since April 28, 2001:
Potfolio value is $1,844,025
Portfolio is plus $344,025 or +22.94%
I am currently about 3 to 2 to the long side (approximately 610K long and 440K short, 58% vs 42% to the long)
Portfolio is 56.94% 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 $317,554
In 31 trading days since inception I am averaging a gain of 0.74% per trading day. (annualized thats 185%)
25 out of 31 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 |
