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Showing posts from December, 2008

Portfolio Update: The Pounding Continues

Boring Portfolio Stock: US$74,112.40 Cash: US$364.85 Total: US$74,477.25 The system I use signalled further buys, but I have run out of ballast. The portfolio took a pounding, but the use of the ballast system has meant it weathered the storm better than if I had a mandate to be fully in stocks at all times. QQQ Portfolio Stock: US$59,950.00 Cash: US$8,026.20 Total: US$67,976.20 Using my ballast, I mopped up another 450 shares, giving me a grand total of 2200 shares, a full 139% more shares than I began with. Buy when the market is fearful, indeed.