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TheInflationist: Weekend Summary 080209

Post a Comment February 7, 2009 – 7:57 am |   | Permalink |  Print This Post |

TheInflationist Portfolio 8 Feb 2009

Our performance doubled over the week as we managed our risk by protecting some of our profits whilst letting the rest run. Whilst luck was on our side as markets moved up Friday, TheInflationist were positioned and prepared to load up more long positions if markets were to move lower. (We actually anchored more Australia 200 positions when it fell back to 3400 in our personal portfolio, but was away for most the week without internet connection to update readers. We excluded those trades from our published portfolio) Our portfolio performance is now up 29.20% for 1 month - an impressive performance by any yardstick. TheInflationist would like to thank MrMagik for guiding our short term moves - our strategy hinges on two indicators: 1. Our own analysis to pick the direction, whilst utilizing 2. Magik Numbers (an invaluable asset in our opinion) to pick our exact entry and exit points. We suggest readers increase their stop losses higher than their entry points (or at least at their entry points) to lock in some profits should market take another 180 turn. This is a technical bounce against fundamentally deteriorating conditions: so be very careful. Stay tuned for our trade plan next week.

On the housekeeping front of TheInflationist.com , we would like to welcome all new members. We have doubled the number of members in the last week alone. However, none have so far shared their own stock picks. TheInflationist aims to provide a transparent public stock trading platform which provides an objective measure to ones performance. We are very pleased with our performance so far, but in Dow Casino one needs to stand the test of time.

If you have an informed opinion on investing that you want to share with The Inflationist community, we welcome you to register as an author. The best way to contribute to The Inflationist is to sign up for “The Inflationist Challenge 2009″ and to manage your own virtual portfolio. That way, your portfolio performance speaks for the quality of your articles (price action is all we care about really). The Inflationist strives to provide objective, transparent stock recommendations leveraging on public investing talent.