HAG: flat

HAG found nothing to buy two days in a row for the first time since trading parameters were loosened. On one hand, the "obvious anxiety" framework, on top of the quantitative program, seems to be working well. Almost every trade has been a winner. On the other hand, the broad market has performed better than HAG recently, so the success of the program is still hard to determine.

Following up from yesterday's post, one of the two stocks not purchased, CNE, performed poorly today, while the other, ITG, was up slightly. The decision not to buy was a favorable one.

Completed trade:

WON: 1.06%

Adding this trade to our totals:
167 trades
.3428% average gain per trade
14.31% total theoretical gain since inception (2/7/06).
NASDAQ composite on 2/7/06: 2244.96
NASDAQ change since 2/7/06: 8.29%

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.