3/14/08 update
From Governor Spitzer's troubles with bare sterns to Governor Bernanke's troubles with Bear Stearns, there was more than enough schadenfreude for everyone on Wall Street last week. When the roller coaster ride came to a halt, the Nasdaq Composite Index closed at the exact same number it closed the prior Friday, 2212.49, putting it down -16.58% YTD (vs. -16.58% YTD a week ago). Scary!
However, the world was not flat for the Nasdaq Biotech Index and the Contest portfolios. The NBI closed down -11.39% YTD (vs. -9.96% YTD a week ago), with the median of the Contest portfolios closing off -17.35% YTD (vs. -14.48% YTD a week ago).
At Friday's close, just two of the 33 Contest portfolios were in the black YTD (ROBERT's and my own) and 9 of the 33 portfolios beat the NBI. Our leader, ROBERT's portfolio, closed the week up 17.1% YTD and my own portfolio held on to second place with a 2.4% YTD gain.
Have a wonderful weekend folks!
Below is the Top Ten list on 3/14/08:
3/14/08
Rank Name Total
1 ROBERT 17,068
2 BULBA 2,434
3 RCMAC -1,735
4 NIGEL -4,755
5 ROBO -5,427
6 HAMMER -7,065
7 CASA -8,602
8 ROCKY9 -8,695
9 JACK -9,757
10 LJM -11,498
(All corrections, especially adjustments for splits, greatly appreciated.) |
