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Strategies & Market Trends : 56er's Portfolio Companion -- Ignore unavailable to you. Want to Upgrade?


To: Dave H who wrote (396)11/30/1997 8:53:00 PM
From: Sergio H  Read Replies (1) | Respond to of 492
 
Nice job Dave. I've printed it out and will be studying the data. Will probably be very helpful to a lot of us.

Sergio



To: Dave H who wrote (396)12/7/1997 6:32:00 PM
From: Dave H  Read Replies (2) | Respond to of 492
 
Dave's Short Term POW Portfolio

Note: I've changed the rules a bit this week, trying to make them fair and simple.
I've decided to use O'Neil in his book "How to make money in stocks" as a guide.
RULES:
1) Position opens at (high+low)/2 price on date recommended
2) Position closes when
a) target is hit,
b) 3 months passes, or
c) stock goes down 10%, whichever comes first
3) Positions open with $1000

OPEN:
POW Open Date 12/5/97 Change Gain/Loss Limit Date Target Stop Loss
DIGL 18 9/3211/12/97 21 14.87% $148.72 2/12/98 28 16 15/32
APCO 6 1/32 10/22/97 6 25/32 12.44% $124.35 1/22/98 8 5/8 5 7/16
TOTAL $273.07

CLOSED:
POW Open Date Close Change Gain/Loss Date Target Stop Loss
ABTE 8 3/4 11/24/97 10 14.29% $142.86 12/3/97 10
RADAF 13 1/4 10/13/97 17 28.30% $283.02 12/2/97 7
VCR 2 19/32 11/18/97 2 11/32 -9.64% -$96.39 11/25/97 3 13/16 2 11/32
TRIBY 2 19/32 10/20/97 2 11/32 -9.64% -$96.39 11/24/97 3 7/8 2 11/32
ATPX 15 21/328/19/97 14 1/8 -9.78% -$97.80 11/19/97 20
HURC 6 5/8 8/11/97 8 17/32 28.77% $287.74 11/11/97 -
NOIZ 3 13/32 10/29/97 3 1/16 -10.09% -$100.92 11/10/97 4 1/4 3 1/16
RLLY 4 5/16 11/3/97 3 7/8 -10.14% -$101.45 11/7/97 6 3 7/8
CADE 2 1/32 8/8/97 3 1/32 49.23% $492.31 11/7/97 4
SEEQ 2 27/32 9/2/97 4 40.66% $406.59 10/31/97 4
BOSCF 5 3/4 10/6/97 5 3/16 -9.78% -$97.83 10/28/97 7 1/2 5 3/16
MLOG 8 1/8 10/9/97 7 5/16 -10.00% -$100.00 10/17/97 12 7 5/16
BLSC 5 13/16 9/29/97 7 1/2 29.03% $290.32 10/3/97 7 1/2
RECY 3 9/8/97 6 100.00% $1,000.00 9/23/97 6 -
TOTAL $ 2,212.07

Portfolio Value Basis: $ 16,000.00
Gain/Loss: $ 2,485 15.5%

Weeks since first pick: 17
Annualized return: 47.4%

Notes
-----
MTON has no short term or intermediate target; hence it is not included at
all in the short term portfolio.
RECY had no short term target. I am using 6 (100% gain) as the short term
target.
HURC had no short term target. I closed the position after 3 months.
AMVC & QUST will be included next week.