Oct 28th end of week summary

Open positions

P Taker $47172.81

P Hybrid $48094.92

P Runner $55349.15

Portfolio management:

P Taker Sell SKI Mon at the open

P Hybrid Sell WEB Mon at the open

P Runner Hold all positions

My rules are to allow individual stocks to hit their exits & not take any new positions when the Market turns down.

Wish me luck, every other publicly traded portfolio that I'm aware of has bailed! -the non-hindsight ones that is.

The rest no doubt will tell us a week or so after the fact what they did !

Buys & Sells Mon 22nd Oct 2012

UXC & EFT GOLD sold at the open Mon 22nd for $0.845 & $160.66
BDR & BGL bought at the open Mon 22nd for $1.03 & $0.54 respectively

Oct 21st end of week summary

Open positions

P Taker $47966.65

P Hybrid $49101.48

P Runner $56383.99

Portfolio management

P Taker: Sell UXC & EFT GOLD - Buy BDR & BGL

P Hybrid: Sell EFT GOLD - Buy BDR

P Runner: No buys or Sells

Oct 14th end of week summary

Open positions

P Taker $48147.94

P Hybrid $48967.75

P Runner $56672.68

Portfolio Management

No buys No Sells

The ASX has held up well compared to US markets but there is no spare moolah, otherwise I'd be in like Bes Mudi for a position in some gold stocks.

Oct 6th 2012 end of week summary

Open positions

P Taker $48361.51

P Hybrid $48902.35

P Runner $56884.77

Portfolio management:

No sells

Buy WOW in P Taker Monday Oct 8th at the open. (S/L weekly close below 28.36)

Momentum can be a small cap stock moving fast, or it can be a large cap moving slower if you take momentum to be Mass (capitalisation) X velocity (rate of price increase)

Historical Equity Highs

Market's picking up, but still a long way to go to reach past equity highs - I posted this in January this year:

"Just for interest, the 3 portfolios and their historical equity highs.

Name          Date           Equity High

P Taker -  15/11/2009 - $56176.56

P Hybrid - 15/11/2009 - $56733.98

P Runner - 16/01/2011 - $67202.54"