Wednesday, October 11, 2006

HAG: At new highs

Last week, System HAG performed well despite buying two positions that performed terribly. Most of the gains were due to the at-least-one-buy-a-day mandate. Unfortunately, try as I might, I have been unable to find a buy for the last two days. The panic surrounding online brokers today seems to signal buy, but this decision would be purely qualitative.

Today, the program sells it's position in ESRX, and is now flat. It is now up 17.34% since inception in February.

Completed trade:

ESRX: 1.80%

Adding this trade to our totals:
143 trades
.4851% average gain per trade
17.34% total theoretical gain since inception (2/7/06).
NASDAQ composite on 2/7/06: 2244.96
NASDAQ change since 2/7/06: 2.85%

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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