JUNE 27th DAILY ACTIVITY and OVERALL PERFORMANCE
Shorted 3/4 position LWIN at 28.19
Shorted 3/4 position FFIV at 17.90
Covered all SLAB at 20.90 -.95
Bought full position OLOG at 18.67
Bought 1/2 position EXFO at 16.90
Sold all PLT at 21.50 +2.50
Sold all OLOG at 17.70 -.95
Sold all EXFO at 19.00 +2.10
Small profitable day with lots of twists and turns.
ALOY, WEBX and OLOG the only 3 stocks that went against me significantly today.
I got the 25 bps cut I expected, but still waiting for the selloff.
Very unclear to me which way the market is heading into quarter end on friday.
Btw, notice the non-volatility of my account, slow and steady growth.
Remember this, portfolio preservation should the #1 goal of every investor.
Risk and money management can never be stressed enough.
Profit of $6,796 or 0.36% for the day.
Profit of $9,264 or 0.49% for the week.
Profit of $192,773 or 11.22% for the month of June.
Overall Performance since April 28, 2001:
Potfolio value is $1,910,722
Portfolio is plus $410,722 or +27.38%
Approximately 163K longs and 727K shorts, 18% vs 82% to the short.
Portfolio is 47% invested
Total realized gains since April 28, 2001 are $449,945.
In 42 trading days since inception I am averaging a gain of 0.65% per trading day. (annualized thats 162%)
31 out of 42 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 |
