Stocks Update, 9/17/2008

Sigh. My open positions are tracking the market's decline. The market has humbled us all.

Open Positions
EWM =-19.88%
EWS = -21.60
EZU = -15.38
GLD = +4.83
GXC = -23.81
IF = -31.02
KOL = -23.87
SWZ = -16.29
YHOO = -5.58

[Average of "Open Positions": losing/negative average 16.96%]

Closed Positions:
Held more than seven days but less than one year (from May 30, 2008):
CNB = +10.0
EQ = -8.83
GE = -6.4
INTC = 0.0 (excluded from average; insignificant movement)
PFE = -5.5
PNK = -16.7%
PPS = -2.8
VNQ = +2.37 [sold 8/7/08]
WFR = +0.9 (approx; based on partial sales week of 8/4/08 in two separate accounts)
WYE = +2.4%

[Overall Record for 7 day+ trades: Lost an average of 2.82%]

Held less than 7 days:
DUK = (0%, excluded from avg) [8/07/08 - 8/14/08]; GE (1.0%); GOOG (0.8%) [7/28/08 - 7/29/08]; GRMN (-6.2%) [Sold 8/5/08]; ICE (2.0%), MMM (0.5%), MRK (0.1%), KOL (13.2%) [9/17/08 to 9/19/08]; NVDA (8.0%) [8/12 to 8/13/08]; PFE (1.3%), SCUR (15%); SO (-0.3%) [Sold 8/5/08]; TTWO (4.3%) [partial sales on 8/5/08, 8/7/08, and 8/8/08]; TTWO (2.2%) [9/9/08 to 9/12/08] [Overall Record excludes recent KOL sale]

[Overall Record for ultra short-term 2 to 7 days trades: Gained an avg of 2.36%]

Daytrades:
PFE = +0.5%
GE = +0.5% (Updated on July 14, 2008; bought at 27.15, sold at 27.30)
XLF = +4.3% (Updated on July 15, 2008)

[Overall Record for daytrades: Gained an average of 1.76%]

Compare to S&P 500: losing/negative 16.5%
[from May 30, 2008 (1385.67) to mid-day September 9, 2008 (1156.39)]

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