HAG catch up

The full position in AMTD, bought 7/11, was sold on 7/12. The half position in AHM, also bought that day, was sold today. HAG returns are lagging the market, which is in the midst of a strong rally. Volatility ahead.

Completed trades:

AMTD: 2.01%
AHM (1/2 position): 5.15% (2.62%)

2007 totals:
58.75 trades
.59787% average gain per trade
8.78% total theoretical gain since beginning of 2007
NASDAQ close at end of 2006: 2415
NASDAQ composite change since beginning of 2007: 12.30%

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.