Thursday, August 10, 2006

HAG Update: A textbook trade

I skipped the update yesterday: MXIM was sold, CELG was held over, and NUAN was bought. Today, the position in NUAN was sold for a substantial profit, and CELG continues to be held.

Completed trades:

MXIM: 1.62%
NUAN: 12.10%

Adding these trades to our totals:
126 trades
.4539% average gain per trade
14.30% total theoretical gain since inception (2/7/06).
NASDAQ composite on 2/7/06: 2244.96
NASDAQ change since 2/7/06: 7.71%

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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