Tuesday, May 23, 2006

System Z Month 2 Mid-week 3: $9,964.20

System Z had a great day today. Though markets went down again, many oversold positions, which we owned, rebounded nicely.

System Z's low and no-commission returns are once again significantly positive, and the spread between the return of System Z and the return of the NASDAQ has reached a new high.

System Z account value: $9,964.2
commissions paid: $420
commissions should be: $168
which means I overpaid: $252
account value corrected for obscene commissions: $10,132.2
account value if no commissions: $10,384.2

System Z actual return since 4/7: -.36%
System Z corrected return since 4/7: 1.32%
System Z no-commission return since 4/7: 3.84%

Nasdaq on 4/7: 2339.02
Nasdaq return since 4/7: 7.71%

Refer to post from 4/19 for explanation of "corrected return". Returns for a larger fund would fall somewhere between the "corrected" return and the "no-commission" return.


1 Comments:

At 11:42 AM, Anonymous Anonymous said...

Super color scheme, I like it! Good job. Go on.
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