Thursday, May 18, 2006

HAG: Rock Bottom but still Positive

The late-selloff today is typical of an extremely worried market. Many of the market's fears will come pass over the next few months: we will have both higher interest rates and higher inflation rates. But these fears are still just that. Fears and not facts. The growth in the world's capital and productivity will continue, but might need a short adjustment period.

Today, HAG sold none of its three half-sized positions from two days ago, five of its seven half-sized positions from two days ago, and none of its five half-sized positions from yesterday. So 10 half-sized positions are held over: JOYG, GG, RHAT from 3 days ago; GG and PAAS from 2 days ago, and TLAB, NVDA, AMTD, EBAY, and MNST from yesterday.

The program buys five more half-sized positions today: MEMC Electronic Materials, NVIDIA, Arris, Red Hat, and Titanium Metals.

Completed trades (1/2 sized):

TLAB: 2.27% (1.135%)
NUAN: 1.10% (.55%)
NTAP: .98% (.49%)
MRVL: 1.09% (.545%)
PMCS: 2.57% (1.285%)

Adding these trades to our totals:
67.5 trades
.465%
average gain per trade
7.86% total theoretical gain since inception (2/7/06).

NASDAQ composite on 2/7/06: 2244.96
NASDAQ change since 2/7/06: 2.88%

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.

2 Comments:

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