HAG: Relieved

Finally, market anxieties dissipated. Greenspan' s off-the-cuff remark that the housing boom has ended was interpreted as implying that the Fed is aware of a potential slowdown in the economy and won't be quick to raise interest rates. I still expect the Fed to talk like hawks but not act like hawks when it comes to inflation.

Though the Nasdaq only rose a half of a percent, many of the technology stocks that System HAG has accumulated rose significantly as sentiment improved.

Today, HAG sold 12 its 15 half-sized positions. The only ones that remain are GG and JOYG bought 4 days ago, and another allotment of GG bought 3 days ago. These three positions are half-sized and bear significant unrealized losses. Today, the program buys full-sized positions in Juniper and Research in Motion.

Completed trades (all 1/2 sized):

RHAT(4 days ago): 4.15% (2.075%)
RHAT (1 day ago): 3.25% (1.625%)
PAAS: 4.60% (2.3%)
TLAB: 2.56% (1.28%)
NVDA(2 days ago): 2.52% (1.26%)
NVDA(1 day ago): 2.10% (1.05%)
AMTD: 4.45% (2.225%)
EBAY: .64% (.32%)
MNST: .17% (.085%)
WFR: 3.77% (1.885%)
ARRS: 3.54% (1.77%)
TIE: 13.1% (6.55%)

Adding these trades to our totals:
73.5 trades
.579% average gain per trade
10.64% total theoretical gain since inception (2/7/06).
NASDAQ composite on 2/7/06: 2244.96
NASDAQ change since 2/7/06: 2.23%

Once again, the "total theoretical gain" assumes 25% of a portfolio was invested in each trading position. Half-sized positions assume only 12.5% was invested, and count as only 1/2 of a "completed trade". Buying power is limited to twice the value of the portfolio.