5/2/08 update Either Wall Street Bears are suffering an internal clock malfunction and have gone into early hibernation or they're just taking a long nap. In any case, the Bulls were in charge for another week and the Nasdaq Composite Index managed to cut its YTD loss from down -8.65% YTD a week ago to down -6.61% YTD at Friday's close. The Nasdaq Biotech Index also cut its YTD loss, from down -3.51% YTD a week ago to down -2.44% YTD at Friday's close. But the median of the Contest portfolios did not fare as well, increasing its YTD loss from down -7.52% YTD the prior Friday to down -8.92% YTD at this week's end. At Friday's close, 9 of the 33 Contest portfolios were in the black YTD with 10 of the portfolios beating the NBI. ROBERT's portfolio held on to first place with a 22.2% YTD gain and GENE's portfolio was in second place with a 18.1% YTD gain. Have a great weekend folks! Below is the Top Ten list on 5/2/08:
5/2/08 Rank Name Total 1 ROBERT 22,211 2 GENE 18,151 3 RCMAC 10,589 4 JACK 5,769 5 CASA 4,830 6 BULBA 4,628 7 HAMMER 4,109 8 FRED 3,331 9 LJM 3,183 10 PGONEIL -1,358
(All corrections, especially adjustments for splits, greatly appreciated.) |