HAG Update: Earnings season begins

For the third straight day, markets were mostly flat. System HAG has now unwound most of it's positions ahead of earnings season for tech stocks.

Today, the program sells its full-sized position in NTAP from last Tuesday, and half-sized positions in AMKR from Thursday and in SNDK, BWNG, RIMM, and CELG from Friday. Today, the program buys a full-sized position in Biogen, and continues to hold a full-sized position in Biogen from yesterday, as well as a half-sized position in JOYG from last Wednesday.

Completed trades:

NTAP (full-sized): 8.46%
AMKR (1/2 sized): 5.64% (2.82%)
SNDK (1/2 sized): .48% (.24%)
BWNG (1/2 sized): 1.15% (.575%)
RIMM (1/2 sized): 2.59% (1.295%)
CELG (1/2 sized): .2% (.1%)


Adding these trades to our totals:
115 trades
.2816% average gain per trade
8.10% total theoretical gain since inception (2/7/06).
NASDAQ composite on 2/7/06: 2244.96
NASDAQ change since 2/7/06: 8.96%

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.