29th Jan 2012 end of week summary

Open Positions

P Taker

P Hybrid

P Runner

Portfolio Management

It's been a good week, I can see that my Market switch will turn on next week unless there is a huge market drop, so I am going to live just a little bit dangerously & add another stock a week early!

All going well  next week I'll be wading in, but for now it's just another toe in the water.

Buy NWH Monday at the open.

Equity Highs

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

22nd Jan 2012 end of week summary

Open Positions

P Taker

P Hybrid

P Runner

If this Blog was about trading the US Markets I'd be in like Flynn!

However, possibly due to the strength of the Aussie Dollar, our indices are lagging behind.

No Sells or Buys indicated this week.

   

15th Jan 2012 end of week summary

P Taker

P Hybrid

P Runner

Closed Equity

P Taker  ($4351.56)

P Hybrid  ($1458.58)

P Runner $6379.07

I'll see how SLR travels & won't add another gold stock yet as the broad market has been slowly improving.

Watching EWC, HDF, SXY & gold stocks RSG & TRY.

SLR Buy 09/01/2012

Bought $5k SLR @ $3.26 for all 3 portfolios at the open 09/01/2012

Cost = (1529 x 3.26) +15.00 = $4999.54

8th Jan 2012 end of week summary

Portfolios at close of trading Friday 6/1/2012

 P Taker $45648.44

P Hybrid $49323.07

P Runner $59485.73

I have only one stock RRL left in 2 portfolios.

It's a gold producer/explorer & has done well while the market as a whole has not.

The last 8 months have barely enabled me to test the two opposing market theories which are the whole point of this Blog, so it has now become a question of whether to continue this long only Blog or not.

The EFT GOLD & a few other gold stocks have risen as the market has fallen.

So I have decided that while my Market Switch is off, as it has been for the last 8 Months, I will take long positions when appropriate in the GOLD EFT & gold producers if they meet my criteria and at the moment GOLD EFT does not, but a few of the Gold stocks such as SLR,RSG & TRY do so.

It's a coin toss between them so I'll go for the one that has produced the best gains over the last year & that's SLR.

So once more unto the breach..

Buy $5k SLR in all 3 portfolios Monday at the open.