…which means the market will immediately plummet. (Use it to your advantage). I may get unlucky and find I’ve mistimed again closing a position, but for the reasons cited in yesterday’s post, ultimately the portfolio will be better off without them. So the only long positions left are gold stocks and natural gas (and two tranches of EDZ still not stopped out).
The portfolio has taken a hit because of it all, but is still ahead 2.3% on the year.
| TRADING | 3-Feb-12 | UPDATE | 674 | |||||
| # | Trade | Qty | Stock | Symbol | Price | Acct | ||
| 11 | Sold | 3.6% | Drxn Tech 3x Sh ETF | TYP | @ | $11.96 | 2 | |
| 11 | Sold | 3.6% | Drxn Tech 3x Sh ETF | TYP | @ | $11.76 | 2 | |
| 7 | Sold | 3.9% | Drxn Real Est 3X Sh ETF | DRV | @ | $29.92 | 2 | |
| 13 | Sold | 3.6% | Drxn Em Mkt 3x Sh ETF | EDZ | @ | $12.52 | 2 | |
| Qty % is the portfolio weighting | ||||||||
X
| EXTENSION REVERSAL TRADING SYSTEM (ERTS) | ||||
| *********************************************************** | ||||
| 03-Feb-12 | ||||
| S&P500 | 1344.9 | 19.4 | 1.5% | |
| TSX | 12577.3 | 23.8 | 0.2% | |
| *********************************************************** | ||||
| PORTFOLIO STATUS | ||||
| Market | JAN 12 | YTD | Incep | |
| Canadian Dollar | 0.9936 | -0.9% | 1.5% | -4.2% |
| S&P500 | 1344.9 | 2.5% | 6.9% | 4.1% |
| TSX | 12577.3 | 1.0% | 5.2% | -5.6% |
| Weight | ||||
| Portfolio % USD | 33.9% | -5.5% | -3.4% | 9.0% |
| Portfolio % CAD | 66.1% | 0.1% | 6.1% | -2.5% |
| FX | ||||
| PORTFOLIO EQUITY | CAD | -1.4% | 2.3% | 2.5% |
| USD ERTS vs SP500 | USD | -8.0% | -10.3% | 4.9% |
| CAD ERTS vs TSX | CAD | -0.9% | 0.9% | 3.1% |
| ERTS vs SP500/TSX | CAD/USD | -3.3% | -2.9% | 3.7% |
| Inception is 30 Jun 11 | ||||
| *********************************************************** | ||||
| Portfolio Direction | Long | Short | Net | |
| Position | 15.7% | 3.6% | 12.1% | long |
| ETF Leverage-adjusted | 33.6% | 10.8% | 22.8% | long |
| CURRENT POSITIONS | ||||
| STOCK/ETF | SYM | LAST | Profit | WGT |
| CASH | 80.7% | |||
| Drxn Gold Sh 3X ETF | NUGT | $25.00 | 2.08% | 2.2% |
| HBP Glb Gold 2X ETF | HGU | $13.11 | 1.52% | 6.5% |
| HBP Nat Gas 2X ETF | HNU | $4.57 | 1.26% | 6.9% |
| Potash Corp | POT | closed | 0.78% | 0.0% |
| Drxn Real Est 3X ETF | DRN | closed | 0.35% | 0.0% |
| Silver Wheaton | SLW | closed | 0.33% | 0.0% |
| Cenovus Energy | CVE | closed | 0.28% | 0.0% |
| Drxn Energy 3X ETF | ERX | closed | 0.25% | 0.0% |
| Cameco | CCO | closed | 0.23% | 0.0% |
| Teck Corp | TCK.B | closed | 0.19% | 0.0% |
| Drxn Energy 3X Sh ETF | ERY | closed | 0.02% | 0.0% |
| Drxn Gold Sh 3X Sh ETF | DUST | closed | 0.00% | 0.0% |
| Drxn Tech 3x ETF | TYH | closed | 0.00% | 0.0% |
| Claymore BRIC ETF | CBQ | closed | 0.00% | 0.0% |
| Drxn Em Mkt 3x ETF | EDC | closed | 0.00% | 0.0% |
| HBP Glb Gold 2X Sh ETF | HGD | closed | 0.00% | 0.0% |
| Drxn Real Est 3X Sh ETF | DRV | closed | -0.41% | 0.0% |
| EnCana Corp | ECA | closed | -0.36% | 0.0% |
| Drxn Em Mkt 3x Sh ETF | EDZ | $12.38 | -1.62% | 3.6% |
| Drxn Tech 3x Sh ETF | TYP | closed | -1.62% | 0.0% |
…
