Learn the Discipline

Learn the Discipline Model Portfolio Summary - Week 11 In the table below you can see all the positions we have opened since March 10. Positions prior to March 10 are listed in earlier posts. As of Friday April 17 the portfolio is 54.66% in stocks and the balance in cash. The Portfolio was stopped out of two positions this week, PETS and GILD, both with losses. We entered just one new position this week, a second position in FAS. The total value of the open positions is $$88,471.00 and the total portfolio value is $161,859.57. There are still only seven positions that are open longer that four weeks with returns ranging from 4.00% to 39.21%. Four of the positions DLB, NFLX, PCLN and VPRT increased in value this week, while ICE, MCD and WMT pulled back. These seven trades along with the five trades that were opened at the same time that have been stopped (see the April 11 post - click here: http://chartsignals.blogspot.com/2009/04/learn-discipline.html ) continue to suggest that this intermediate term strategy is working. Again we reiterate that it is too early and the number of trades surviving over four weeks is too small to be conclusive regarding the validity of the strategy. However the early evidence continues to be encouraging. The portfolio continues to outperform the SPX over the time period since February 2, even though it has not been fully invested like the SPX. Its risk adjusted return is still more than double the SPX.