Friday, May 12, 2006

System Z: beginning of month 2 $9,982.74

The NVIDIA that was bought two days ago suffered a large decline today of over 7% after announcing earnings. This loss, combined with the large market declines over the last two days, have left System Z in the red. Hopefully, this situation is temporary. Volatility ahead.

System Z account value: $9,982.74
commissions paid: $215
commissions should be: $86
which means I overpaid: $129
account value corrected for obscene commissions: $10,111.74
account value if no commissions: $10,197.74

System Z actual return since 4/7: -.17%
System Z corrected return since 4/7: 1.12%
System Z no-commission return since 4/7: 1.98%

Nasdaq on 4/7: 2339.02
Nasdaq return since 4/7: 4.07%

Refer to post from 4/19 for explanation of "corrected return"

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