Friday, May 28, 2010

Buy 50% Inverse ETF at closing today

Position 50% inverse ETF in the Ocean portfolio at the close of the market today

Sunday, May 23, 2010

Market ended with late day rally on Friday but it is not enough ..

The market came back in the black on late Friday but the damage had been done for all 3 simulated portfolios. YTD returns of these portfolios are in the negative territory now.

The overall markets seemed to be heading downward according to the moving average indicators. The S&P 500 Index closed below its 39 weekly moving average (WMA). The Ocean Portfolio will initiate some inverse ETFs buy once the 4 WMA crosses below the 39 WMA. The TSP portfolio is now sitting on the AGG bond index and the Trader's Pick portfolio is holding the PSQ (inverse) as of end of 5/21.

Thursday, May 20, 2010

No position now except AGG in TSP portfolio

I will update the portfolios over the weekend.

Wednesday, May 19, 2010

Major markets continue to slide

The market trends began to switch downward. I will liquidate all long positions in 3 simulated portfolios today and look for the short entry in the Ocean and Trader's portfolios. As in TSP portfolio, I will initiate a AGG buy.

Sunday, May 9, 2010

Trailing stop-loss triggered

The week of May 3 was tough for the markets. Some of the holdings in three simulated portfolios had been triggered and resulted in an unpleasant loss.

Thursday, May 6, 2010

hit trailing stops

Most positions hit the trailing stops today. Will get out the these positions at the Friday closed tomorrow.

Monday, May 3, 2010

Continue to hold

Despite the recent drop of the markets, I continue to hold the current position of all three simulated portfolios.