26th Feb 2012 end of week summary

Open Positions

P Taker

P Hybrid

P Runner

Portfolio Management

As per previous post SLR was sold/half sold Monday 20th at the open @ $3.45

I have done some work on my Market switch which was previously operated by just the XAO.

It now works on a majority vote of 2 out of the 3 inputs & in hindsight is an improvement over the old method.

As it's now back ON, I've been taking another look at Troy Resources.

TRY reached all time highs last week, so I'll be buying in this Mon 27th at the open.

18th Feb 2012 end of week summary

Open Positions

P Taker

P Hybrid

P Runner

Portfolio management

P Taker:   Sell SLR Mon 20th Feb & take profit

P Hybrid:  Take profit on half SLR position & hold balance

P Runner:  Hold SLR

Market switch is off, so no new positions next week.

Not too much damage done so far, we'll wait & see if this weekly ASX downtrend  reverses (in which case we'll add positions) or continues (where we will stay out & close positions according to our rules) 

12th Feb 2012 end of week summary

Open Positions

P Taker

P Hybrid

P Runner

Momentum stocks that came up in my scans this week: TLS, TEL,  RCR, SPT, TOX, DLS, AWE, MIO & CUE

Decided to take a couple of positions in the Energy Sector

Buy DLS & AWE  Monday 13/02/2012 at the open.

Greece Offers to Pay Back Debt With Giant Horse :)

The Mad Hedge Fund Trader on FEBRUARY 1, 2012 in QUOTE OF THE DAY

http://www.madhedgefundtrader.com/february-1-2012-quote-of-the-day/

5th Feb 2012 end of week summary

Open positions

P Taker

P Hybrid

P Runner

The All Ords has lost a bit of steam & seeing as I jumped the gun last week I'll just be adding one more.

Buy QRN at the open Monday 6th Feb

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.

31st Dec 2011 end of week, month & year summary

P Taker

P Hybrid

P Runner

XAO Start 4846.884 Finish 4111.038 = 15.18% decrease 

Comparison of the 3 portfolios open equity for the Year

P Taker Start 49946.98 Finish 45648.44 = 8.6% decrease

                 

P Hybrid Start 56023.95 Finish 49253.59 = 12.08% decrease

P Runner  Start 65056.81 Finish 59207.81 = 8.9% decrease 

I would like to know how other traders fared last year, so if anyone else has a Blog or website with Buy & Sell signals posted before the trades are done, I would be very interested to hear from them.