Portfolio Update: Screaming for Cash
Boring Portfolio Stock: US$75,893.00 Cash: US$364.85 Total: US$76,258.85 The decision to move into the FMCG company appears to be worth it, as the stocks began to stabilise. The system I am using, however, is still screaming for cash - it is out of ballast, out of bullets, even as it sees opportunities and targets everywhere. Yes, surprising, it is still flashing a "Buy" signal for the portfolio. Too bad it is out of cash, and I will not deviate from the system. QQQ Portfolio Stock: US$82,513.20 Cash: US$6,585.55 Total: US$89,098.75 The QQQ Portfolio flashed a "Sell" signal, and I promptly took profits. It is interesting to note the conservative nature of this portfolio (even though it is used to buy up a violatile tech-based QQQ), how it sought to preserve capital at all costs. QQQ was $54.01, compared to its present $36.18. Had I been fully invested, I would have lost 33% of my value. With the ballast system, I lost 10.9% of the value. But did I mention that I am