Wednesday, January 4, 2012

December 2011 Portfolio Update

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December began well for me as I successfully followed the TSX lower during the first half of the month, but gave back all I had made, and then some, when I had to stop out of the Materials ETF I was holding near the end of December.  Of course, I would have been fine, now, if I had just held on, but when a position unexpectedly goes against me, I have to sell in order to make sure a smaller loss doesn't turn into a larger one!

Materials and Financials are seasonally strong during January.  I want to get back into Materials as soon as the opportunity presents itself.      

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. 

Twelve month return for TSX @ December 31, 2011 = -10.89 percent
Twelve month return for Basic Timing Model using XIU = -0.98 percent
Twelve month return for Advanced Timing Model (my returns) = -3.23 percent
Money for charity = $411.27

I would like to wish everyone a prosperous and Happy New Year!

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