System HAG: Poor performance

As the market continued its month-long sell off last week, System HAG bought many positions that failed to perform well. Losses of the week were significant, and the program is forced to sell many of its positions that failed to rebound.

On Friday, the program sells its half-sized position in PMCS that it bought Monday, half-sized postions in AKAM, CSCO, and BEAS that it bought Wednesday, and half-sized positions in TIE and ET that it bought on Thursday. The program still holds a half-sized position in NTAP from last Monday, full-sized positions in NTAP and CSCO from Tuesday, half-sized positions in EMC and JOYG from Wednesday, and half-sized positions in BWNG, AMKR, and SNDK from Thursday. On Friday, the program buys half-sized positions in AAPL, SNDK, BWNG, AMZN, RIMM, and CELG.

Completed trades:

PMCS (1/2 sized): 4.47% (2.235%)
CSCO (1/2-sized): 1.75% (.875%)
AKAM (1/2 sized): 3.80% (1.9%)
BEAS (1/2 sized): 1.55% (.775%)
TIE (1/2 sized): .95% (.475%)
ET (1/2 sized): 1.13% (.565)

Adding these trades to our totals:
107.5 trades
.4945% average gain per trade
13.29% total theoretical gain since inception (2/7/06).
NASDAQ composite on 2/7/06: 2244.96
NASDAQ change since 2/7/06: 9.22%

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.