
The letter discusses the performance of the portfolio as a of mid-August in light of the heightened volatility.
In this issue, I discuss the aspect of 'over-trading', my own outlook for the equities markets, specific dividend investing comments, two commodity markets that I'm eyeing up, as well as enlarged comments regarding portfolio and money management metrics ...
Here are the gaming win numbers for Vegas/Nevada for June 2010.
Attached is the sheet with final numbers today, reflecting all trades.
YTD +24.0% vs SPX -3.0%.
71.84% net long, 78.23 gross long, still 6.38% net short, 28% in cash.
Stopped out of 3 stocks today.
Three more fallen soldiers today-and I'm adjusting a stop on one of the survivors.
Rough day yesterday- lost another stock to a tight stop.
Up 24.4% ytd, SPX -2.4% ytd.
Highest cash position all year- 10.33% cash, 6.05% short, net long only 79.34%
Detailed position sheet is attached.