HAG: Volatility returns indeed.

HAG capitalized smartly on the fear that entered the market yesterday. Returns for HAG have opened a sizable lead over market returns for the year.

Today, the full positions in AHM and DSL bought on Monday were sold. The half-positions in AMTD and BEAS, bought yesterday, were also sold. The half-positions in AKAM, SNDK, CSCO, and GENZ were held.

Completed trades:

AHM:1.80%
DSL: 1.41%
AMTD (1/2): 1.52% (.76%)
BEAS (1/2): 4.1% (2.05%)

2007 totals:
25 trades
.64707% average gain per trade
4.04% total theoretical gain since beginning of 2007
NASDAQ close at end of 2006: 2415
NASDAQ composite change since beginning of 2007: .04%

2006 results:
182 trades
.2899% average gain per trade
13.19% total theoretical gain from inception (2/7/06) to end of 2006.
NASDAQ composite change from 2/7/06 to end of 2006: 7.62%

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.

HAG: Volatility returns!

Volatility returned to the market today with a vengeance. A 9% drop in Chinese stocks led to fears that an extreme correction may occur tomorrow. Barring that occurrence, which is doubtful, expect markets to rebound smartly. Consistent volatility will yield good returns for HAG. A single day of volatility leads to uncertain returns.

Today the program will buy 6 half-positions. AMTD, AKAM, SNDK, BEAS, CSCO, and GENZ.
Full positions in DSL and AHM are held over from yesterday.

HAG update

Due to personal issues, as well as a slow market, System HAG has not made any trades in the last two weeks. Today, two mortgage lenders are bought, AHM and DSL.

System Z 2/8: $8867.48

One month in to 2007, System Z is facing the same problems it faced last year. Volatility remains lower than it's been at any time since the early 90's. Since market volatility leads to this programs opportunities, very little trading has occurred this year. Of those trades, few were ideal trades. In short, markets are still dominated by quantitative trading and there is very little emotional impact on markets. In this environment, System Z attempts only to keep pace with the market.

Jan 1, 2007-Feb 8, 2007 results:

System Z account value (2/8): $8867.48
commissions paid (1/1-2/8): $180
shares traded (1/1-2/8): 3,430
commission at $5 per thousand shares traded: $17.15
account value corrected for obscene commissions: $9030.33
account value if no commissions: $9047.48

System Z actual return (1/1-2/8): .63%
System Z corrected return (1/1-2/8): 1.19%
System Z no-commission return (1/1-2/8): 1.38%

NASDAQ return (1/1-2/8): 3.02%

2006:

System Z account value (end 2006): $8923.98
commissions paid: $1302.25
shares traded: 37,271
commission at $5 per thousand shares traded: $186
account value corrected for obscene commissions: $10040
account value if no commissions: $10226

System Z actual return since 4/7: -10.76%
System Z corrected return since 4/7: .4%
System Z no-commission return since 4/7: 2.26%

Nasdaq on 4/7: 2339.02
Nasdaq return from 4/7 to end of year: 3.25%

HAG update

The GOOG bought on Monday was sold Wednesday, and no other trades were made in the last three days.

Completed trade:

GOOG: .61%

2007 totals:
22 trades
.62531% average gain per trade
3.44% total theoretical gain since beginning of 2007
NASDAQ close at end of 2006: 2415
NASDAQ composite change since beginning of 2007: 3.02%

2006 results:
182 trades
.2899% average gain per trade
13.19% total theoretical gain from inception (2/7/06) to end of 2006.
NASDAQ composite change from 2/7/06 to end of 2006: 7.62%

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.

HAG: Update.

The NTGR bought last Wednesday was sold last Friday. Today, GOOG is bought.

Completed trade:

NTGR: 4.23%


2007 totals:
21 trades
.62604% average gain per trade
3.29% total theoretical gain since beginning of 2007
NASDAQ close at end of 2006: 2415
NASDAQ composite change since beginning of 2007: 2.28%

2006 results:
182 trades
.2899% average gain per trade
13.19% total theoretical gain from inception (2/7/06) to end of 2006.
NASDAQ composite change from 2/7/06 to end of 2006: 7.62%

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.