Sunday 4th Dec 2011

Mr Market appears to have read my blog & decided to show me just how far out of sync I am !

So if this rally continues next week & passes last month's XAO high of 4424 it will flick my Market Switch on.

If I'm to follow my system I will then have to put some risk on - time will tell.

Open positions

P Hybrid

P Runner

Cynical? Moi?

Not so long ago certain financial institutions were deemed too big to fail and got bail outs.

 Once you've started down that road you have to keep going, so, now we've got whole countries deemed too big to fail.

Reminds me of  "Oh look, this side of the Titanic is not even close to the water, lets move the deck chairs over here." 

We know how that ended..

27th Nov 2011 end of week summary

No buys no Sells, XAO Market switch still OFF 

"Tis the season to be jolly not the season to be long stocks!

P Taker cash $45648.44

P Hybrid

P Runner

"The garlic eaters don’t want to repay their debts, and the beer drinkers don’t want to lend them any more money"   Mad Hedge Fund Trader

20th November 2011 end of week summary

The potential uptrend lost momentum this week and we're back to sideways again on most major Indices

P Taker - Unchanged

P Hybrid

P Runner

No buys no sells -  such is life, as Ned once famously said.

Started this blog on 14/09/09 over two years ago when the XAO was at 4596.5

It's now 4246.68

13th Nov 2011 end of week summary

P Taker: Unchanged

P Hybrid

P Runner

Market switch flicked ON briefly for 1 day during the week but finished the week OFF.

If the Market Switch turns ON and stays ON this week I'm looking to buy one or two of: BPT RSG SIP SLR & SXY which have shown up in some  momentum scans.

6th Nov 2011 end of week summary

P Taker - Unchanged

P Hybrid

P Runner

No Sells, Market Switch still OFF, so no buys just yet either.

30th Oct 2011 end of week summary

P Taker

Cash $45648.44

P Hybrid

P Runner

Market Switch - see comments below previous post.

23rd Oct 2011 end of week summary

P Taker

Cash $45648.44

P Hybrid

P Runner

Portfolio Management

Sell RMS  Mon at the open as it has closed below it's exit.

Market switch is still OFF so no new buys next week.

16th Oct 2011 end of week summary

P Taker 

No change

P Hybrid

P Runner

Like I said, not much change!

16th Oct 2011 end of week summary

Will update blog tomorrow, however not much change in the 2 portfolios since last week, XAO market switch is  still off so no new buys, & no sells triggered.

9th Oct 2011 end of week summary

P Taker

All in cash $45648.44

P Hybrid

P Runner

No new trades for next week, my XAO  Index switch is still off and has been since early May this year.

That's nearly 6 months now and in hindsight it's been a good thing not to have been taking new trades, the way the market's gone!

1st Oct 2011 end of week Summary

P Taker

Cash $45648.44

P Hybrid

P Runner

Last 10 closed trades
P Taker

P Hybrid

P Runner