Thursday, September 1, 2011

Portfolio Update

Click On Chart To Enlarge
As I mentioned in my July results, I bought the inverse S&P 500 ETF when the charts signalled the correction. I continued to hold it for the first couple of weeks in August  

I am still watching energy, gold, agriculture and natural gas, with natural gas just now starting to show signs of what might be a shorter-term reversal of the long slide lower.

The return I am showing for XIU (iShares TSX 60 ETF ) remains at the same level as July (when it crossed the 200-day moving average) since it continues to be at a price below its 200-day moving average. 

Eight month return for TSX @ August 31, 2011 = -4.83 percent
Eight month return for Basic Timing Model using XIU = -0.98 percent
Eight month return for Advanced Timing Model (my returns) = 2.84 percent
Money for charity = $411.27

Does anyone think we have seen a bottom, yet?

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.