6/20/08 update Wall Street's ursine gang maintained control of the neighborhood, pushing the Nasdaq Composite Index to a -9.28% YTD loss (vs. -7.46% YTD loss a week ago). But, for mysterious reasons, the bears were somewhat kinder to biotechs, with the Nasdaq Biotech Index up a wee bit for the week, closing down -4.51% YTD (vs. down -4.75% YTD a week ago). Nonetheless, the Contest portfolio median was lower for the week, closing down -11.57% YTD (vs. down -10.33% YTD a week ago). At week's end, 7 of the 33 Contest portfolios were in the black YTD with 11 of the portfolios beating the NBI. Not surprisingly, GENE's portfolio remained in first place, closing the week with a 90.9% YTD gain. Second place ROBERT's portfolio finished the week with a 22.5% YTD gain. Have a terrific weekend everybody! Below is the Top Ten list on 6/20/08:
6/20/08 Rank Name Total 1 GENE 90,888 2 ROBERT 22,464 3 RCMAC 15,321 4 BULBA 9,031 5 CASA 5,485 6 JACK 5,450 7 HAMMER 3,881 8 LJM -119 9 ROCKY9 -2,588 10 FRED -2,968
(All corrections, especially adjustments for splits, greatly appreciated.) |