Wednesday, December 26, 2007

These are the Days to make Hay

Posted by TraderMark at 4:24 PM TweetThis
Looking through the portfolio, having 1 day like this a month would be a great thing.

The main markets (DJIA and S&P500) were flat... but out of 54 long positions, 48 were up in the fund. Only losers were

FWLT -2.0%
DHIL -1.3%
SGR -1.3%
MA -1.2%
RVDB -1.1%
CLB -0.1%

I will give these 6 positions a stern talking to today and withhold dinner. Hopefully tomorrow they behave properly.

A good day, where retail traders dominated the trade. Can't complain - very little news flow until the new year so despite the indexes not doing much it was quite a beautiful day, pulling in a 1.50% return. 10 days a year like that and you have your goal of beating the indexes by 15% a year.

If only it was this simple most other days. :)

Posted by TraderMark at 4:24 PM

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