Tuesday, August 08, 2006

HAG update: catch up

No surprise today as Bernanke held rates steady. Inflationary and Deflationary risks are about equal at this point, and Bernanke is clearly not an activist banker.

Yesterday, System HAG bought Rambus and sold it today. Today it buys MXIM and CELG.

Completed trade:

RMBS: 1.92%

Adding this trade to our totals:
124 trades
.3506% average gain per trade
10.87% total theoretical gain since inception (2/7/06).
NASDAQ composite on 2/7/06: 2244.96
NASDAQ change since 2/7/06: 8.20%

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.

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