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.
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
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