Sunday, September 2, 2007

Update on Investment for two weeks Aug 17-31

It is very fun having a trade system which takes away some of the stress of making decisions. But it is tough analyzing results and even rougher showing results that aren't perfect. I didn't intend to delay results but have been travelling and couldn't put in the time to appropriately make comments, nor analyze results.

Rules:
We can have at most 10 positions, each having close to a $1000 dollar investment. At first, I was going to buy exactly $1000 worth of stock but you can't buy fractions of stocks, so I have rounded all fractions of stock upward in trying to keep this paper trading system as realistic as possible.
All transactions have $10 commissions.
CURRENT POSITION
Stock (l)ong or (s)hort Entry Price Stop Price and Amt of Shares
sjf l 73.67 67.7764 14
sjf l 73.67 67.7764 14
lvb s 30.42 32.8536 33
ust s 48.02 51.8616 21
ffg s 37.03 39.9924 27
spls s 23.3 25.164 43
sxe l 20.96 19.2832 48


TOTAL LOSS (REALIZED AND UNREALIZED) -310.45
Want to capture trend which is down, but has rallied over the past two weeks.
Looking to get long, but not before Labor Day. But it is telling that none of the stocks chosen have hitten their stops yet.
Two weeks ago we began the index at 9996.71 and ended at 9686.26
A decrease of 3.1%.
SP 500 INDEX closed at 1473.99 two weeks ago from 1445.94.
A 1.9% gain for the week.
UNDERPERFORMED INDEX BY 5.00%

SPECULATIVE (#4 doing well. Not #3, but believe patience will be rewarded. #2 has acted well)
1) Long ROSE 16.67
2) Long NBR 28.98
3) Long UNG (natural gas) 39.42/Short USO (crude oil) 58.62=0.67
4) Long QQQ (nasdaq) 47.78/ Long RWM (which is short the Russell2000) 73.26=0.65

LONG TERM
1) Long FXY (Japanese Yen) 84.27-if market tanks
2) Long FXS (Swiss Franc) 149.03-just undervalued
3) Long GLD (Gold) 65.90--everyone should own this
4) Long NLR (Nuclear ETF) 36.89-the way of the future, as my friend says

No comments: