Tuesday, November 07, 2006

HAG: obvious buys

The "obvious anxiety" buys continue to perform well, while the purely statistical buys are performing terribly. Of course, the quantitative programming helps me determine whether the move is severe enough to warrant a buy, but the final decision seems to be best made qualitatively.

HAG sells its position in ADM from last Wednesday, as well as its position in PALM from yesterday. EMKR is bought today.

Completed trade:

ADM: 8.41%
PALM:
3.09%

Adding this trade to our totals:
163 trades
.3201% average gain per trade
13.04% total theoretical gain since inception (2/7/06).
NASDAQ composite on 2/7/06: 2244.96
NASDAQ change since 2/7/06: 5.84%

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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