Reference Portfolio flat as of 06/02/24 Feb.24th

Reference Portfolio remains flat. Funds invested on the money market.

Actions
Nothing

Account general informations
NAV: 12 061 874,13
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

Account Viewer downloaded on FTP Server

Reference Portfolio flat as of 06/02/14 Feb.14th

The system closes all positions as of the open on the 14th due to the triggering of a garbagge collection rule designed to help minimize drawdowns while bull markets enter in a local correction mode. The situation is therefore the following (close prices will be automatically updated to the open on the 14th).

CLOSE POSITION LONG - Security: aQuantive Inc. (AQNT) NB: 33921 Close rule: GC
CLOSE POSITION LONG - Security: Redback Networks Inc. (RBAK) NB: 68375 Close rule: GC
CLOSE POSITION LONG - Security: TALX (TALX) NB: 30937 Close rule: GC
CLOSE POSITION LONG - Security: DIGITAL INSIGHT CORP (DGIN) NB: 27528 Close rule: GC
CLOSE POSITION LONG - Security: ADV MICRO DEV (AMD) NB: 27677 Close rule: GC
CLOSE POSITION LONG - Security: CIENA (CIEN) NB: 278257 Close rule: GC
CLOSE POSITION LONG - Security: UNOVA (IN) NB: 25545 Close rule: GC
CLOSE POSITION LONG - Security: Crown Castle International (CCI) NB: 29513 Close rule: GC
CLOSE POSITION LONG - Security: SBA COMMS CORP (SBAC) NB: 47559 Close rule: GC
CLOSE POSITION LONG - Security: MEMC ELECTRONIC (WFR) NB: 38680 Close rule: GC
CLOSE POSITION LONG - Security: Intersil (ISIL) NB: 33212 Close rule: GC
CLOSE POSITION LONG - Security: PLEXUS (PLXS) NB: 43855 Close rule: GC
CLOSE POSITION LONG - Security: T HQ (THQI) NB: 33907 Close rule: GC
CLOSE POSITION LONG - Security: TRIDENT MICROSYS (TRID) NB: 45517 Close rule: GC
CLOSE POSITION LONG - Security: BROADCOM STK A (BRCM) NB: 14512 Close rule: GC

Account general informations (previsional)
NAV: 12 058 568,41
Market Expo: 0,00
Open Positions: 0

After update taking into account close prices obtained at the open on the 14th the NAV is:

Account general informations
NAV: 12 056 086,17
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

The "garbagge collection" rule derives from both the technical configuration of the market and its "market internals" including the evolution of the "potential open trades". Everyday the system analyses its entire trading universe (1061 US securities) and computes the number of "open trades", i.e. trades the system could place would no other constraints apply (e.g. such as risk and money management). The number of these trades is drawn with its moving averages and serves - among other things - to monitor the market internals (with A/D lines, etc.) to detect whether the odds are high that a bull market might locally switch in a "correction mode". Basically as the system is leveraged that kind of situation, if unhandled, can be extremelly detrimental to the drawdown levels experienced and the system closes all positions.

The graph of the open trades follows with its MM10 in purple and its analysis with the general market technical configuration lead to be cautious so far.

Best luck to your trading.

Reference Portfolio Snapshot as of 06/02/11 Feb.11th

Here follows the situation on the 11th of February and the list of actions is given after the portfolio's snapshot. The system maintains leverage on margin with a market expo of 15 291 179 USD for a NAV of 12 180 145 USD. We've lost three positions this week on stops, namely QSII, AAPL, and GOOG. No significant change as far as the world markets are concerned.

Actions on COB 10th of Feb.
CLOSE POSITION LONG - Security: QUALITY SYSTEMS (QSII) NB: 10869 Close rule: StopOnSecurity
STOP - Security: CIENA (CIEN - N:278257) New stop @ 2,89 Stop type: ISL+2
STOP - Security: SBA COMMS CORP (SBAC - N:47559) New stop @ 16,65 Stop type: ISL+6
STOP - Security: Intersil (ISIL - N:33212) New stop @ 23,50 Stop type: ISL+8
STOP - Security: Crown Castle International (CCI - N:29513) New stop @ 25,90 Stop type: ISL+8
STOP - Security: Redback Networks Inc. (RBAK - N:68375) New stop @ 13,84 Stop type: TSL50+2
STOP - Security: T HQ (THQI - N:33907) New stop @ 21,78 Stop type: ISL+8
STOP - Security: PLEXUS (PLXS - N:43855) New stop @ 22,66 Stop type: TSL50+2
STOP - Security: BROADCOM STK A (BRCM - N:14512) New stop @ 56,63 Stop type: ISL+2
STOP - Security: UNOVA (IN - N:25545) New stop @ 29,95 Stop type: ISL+2
STOP - Security: MEMC ELECTRONIC (WFR - N:38680) New stop @ 24,50 Stop type: ZLS+2
STOP - Security: TRIDENT MICROSYS (TRID - N:45517) New stop @ 20,76 Stop type: ZLS+2

Account general informations
NAV: 12 180 145,31
Market Expo: 15 291 179,99
Open Positions: 15

Actual portfolio (included today actions)
aQuantive Inc. OpenDate: 11/11/2005 NB:33921 STOP: 22,99
Redback Networks Inc. OpenDate: 11/11/2005 NB:68375 STOP: 13,84
TALX OpenDate: 11/11/2005 NB:30937 STOP: 2 7,46
DIGITAL INSIGHT CORP OpenDate: 11/11/2005 NB:27528 STOP: 30,95
ADV MICRO DEV OpenDate: 09/01/2006 NB:27677 STOP: 34,76
CIENA OpenDate: 09/01/2006 NB:278257 STOP: 2,89
UNOVA OpenDate: 09/01/2006 NB:25545 STOP: 29,95
TRIDENT MICROSYS OpenDate: 06/12/2005 NB:45517 STOP: 20,76
SBA COMMS CORP OpenDate: 06/12/2005 NB:47559 STOP: 16,65
MEMC ELECTRONIC OpenDate: 06/12/2005 NB:38680 STOP: 24,50
Crown Castle International OpenDate: 11/11/2005 NB:29513 STOP: 25,90
Intersil OpenDate: 11/11/2005 NB:33212 STOP: 23,50
PLEXUS OpenDate: 11/11/2005 NB:43855 STOP: 22,66
T HQ OpenDate: 11/11/2005 NB:33907 STOP: 21,78
BROADCOM STK A OpenDate: 03/02/2006 NB:14512 STOP: 56,63

List of actions since last week:

10/02/06	STOP	Security: PLEXUS (PLXS - N:43855) New stop @ 22,66 Stop type: TSL50+2
10/02/06	CLOSE POSITION LONG	Security: QUALITY SYSTEMS (QSII) NB: 10869 Close rule: StopOnSecurity
10/02/06	STOP	Security: CIENA (CIEN - N:278257) New stop @ 2,89 Stop type: ISL+2
10/02/06	STOP	Security: SBA COMMS CORP (SBAC - N:47559) New stop @ 16,65 Stop type: ISL+6
10/02/06	STOP	Security: Intersil (ISIL - N:33212) New stop @ 23,50 Stop type: ISL+8
10/02/06	STOP	Security: Crown Castle International (CCI - N:29513) New stop @ 25,90 Stop type: ISL+8
10/02/06	STOP	Security: T HQ (THQI - N:33907) New stop @ 21,78 Stop type: ISL+8
10/02/06	STOP	Security: BROADCOM STK A (BRCM - N:14512) New stop @ 56,63 Stop type: ISL+2
10/02/06	STOP	Security: UNOVA (IN - N:25545) New stop @ 29,95 Stop type: ISL+2
10/02/06	STOP	Security: MEMC ELECTRONIC (WFR - N:38680) New stop @ 24,50 Stop type: ZLS+2
10/02/06	STOP	Security: TRIDENT MICROSYS (TRID - N:45517) New stop @ 20,76 Stop type: ZLS+2
10/02/06	STOP	Security: Redback Networks Inc. (RBAK - N:68375) New stop @ 13,84 Stop type: TSL50+2
09/02/06	STOP	Security: Crown Castle International (CCI - N:29513) New stop @ 25,30 Stop type: ISL+7
09/02/06	STOP	Security: TRIDENT MICROSYS (TRID - N:45517) New stop @ 20,59 Stop type: ZLS+1
09/02/06	STOP	Security: MEMC ELECTRONIC (WFR - N:38680) New stop @ 24,23 Stop type: ZLS+1
09/02/06	STOP	Security: BROADCOM STK A (BRCM - N:14512) New stop @ 55,95 Stop type: ISL+1
09/02/06	STOP	Security: QUALITY SYSTEMS (QSII - N:10869) New stop @ 71,90 Stop type: ISL+5
09/02/06	STOP	Security: UNOVA (IN - N:25545) New stop @ 29,70 Stop type: ISL+1
09/02/06	STOP	Security: PLEXUS (PLXS - N:43855) New stop @ 22,33 Stop type: TSL50+1
09/02/06	STOP	Security: Redback Networks Inc. (RBAK - N:68375) New stop @ 13,58 Stop type: TSL50+1
09/02/06	CLOSE POSITION LONG	Security: APPLE COMPUTER (AAPL) NB: 13512 Close rule: StopOnSecurity
09/02/06	STOP	Security: Intersil (ISIL - N:33212) New stop @ 22,95 Stop type: ISL+7
09/02/06	STOP	Security: SBA COMMS CORP (SBAC - N:47559) New stop @ 16,25 Stop type: ISL+5
09/02/06	STOP	Security: CIENA (CIEN - N:278257) New stop @ 2,80 Stop type: ISL+1
09/02/06	STOP	Security: DIGITAL INSIGHT CORP (DGIN - N:27528) New stop @ 30,95 Stop type: ZLS+1
09/02/06	STOP	Security: Redback Networks Inc. (RBAK - N:68375) New stop @ 13,31 Stop type: TSL50
09/02/06	STOP	Security: T HQ (THQI - N:33907) New stop @ 21,41 Stop type: ISL+7
08/02/06	STOP	Security: PLEXUS (PLXS - N:43855) New stop @ 21,96 Stop type: TSL50
07/02/06	CLOSE POSITION LONG	Security: GOOGLE (GOOG) NB: 2114 Close rule: StopOnSecurity
07/02/06	STOP	Security: PLEXUS (PLXS - N:43855) New stop @ 21,81 Stop type: TSL50

Reference Portfolio Snapshot as of 06/02/04 Feb.4th

Tabular synthesis of the portfolio is given. Then follows the situation on the 4th of February and the list of actions is given after the portfolio's snapshot. The system maintains leverage on margin with a market expo of 17 954 808,28 USD for a NAV of 12 411 355,62 USD.

Actions on the 4th
STOP - Security: Redback Networks Inc. (RBAK - N:68375) New stop @ 12,85 Stop type: TSL50
STOP - Security: APPLE COMPUTER (AAPL - N:13512) New stop @ 65,99 Stop type: TSL50
STOP - Security: PLEXUS (PLXS - N:43855) New stop @ 21,52 Stop type: TSL50

Account general informations
NAV: 12 411 355,62
Market Expo: 17 954 808,28
Open Positions: 18

Actual portfolio (included today actions)
aQuantive Inc. OpenDate: 11/11/2005 NB:33921 STOP: 22,99
GOOGLE OpenDate: 11/11/2005 NB:2114 STOP: 370,55
Redback Networks Inc. OpenDate: 11/11/2005 NB:68375 STOP: 12,85
TALX OpenDate: 11/11/2005 NB:30937 STOP: 27,46
DIGITAL INSIGHT CORP OpenDate: 11/11/2005 NB:27528 STOP: 30,89
ADV MICRO DEV OpenDate: 09/01/2006 NB:27677 STOP: 34,76
CIENA OpenDate: 09/01/2006 NB:278257 STOP: 2,69
UNOVA OpenDate: 09/01/2006 NB:25545 STOP: 29,28
TRIDENT MICROSYS OpenDate: 06/12/2005 NB:45517 STOP: 20,39
SBA COMMS CORP OpenDate: 06/12/2005 NB:47559 STOP: 15,78
QUALITY SYSTEMS OpenDate: 06/12/2005 NB:10869 STOP: 70,95
MEMC ELECTRONIC OpenDate: 06/12/2005 NB:38680 STOP: 23,95
Crown Castle International OpenDate: 11/11/2005 NB:29513 STOP: 24,59
APPLE COMPUTER OpenDate: 11/11/2005 NB:13512 STOP: 65,99
Intersil OpenDate: 11/11/2005 NB:33212 STOP: 22,50
PLEXUS OpenDate: 11/11/2005 NB:43855 STOP: 21,52
T HQ OpenDate: 11/11/2005 NB:33907 STOP: 20,95
BROADCOM STK A OpenDate: 03/02/2006 NB:14512 STOP: 55,38

All Actions since last week

03/02/06	STOP	Security: PLEXUS (PLXS - N:43855) New stop @ 21,52 Stop type: TSL50
03/02/06	STOP	Security: APPLE COMPUTER (AAPL - N:13512) New stop @ 65,99 Stop type: TSL50
03/02/06	STOP	Security: Redback Networks Inc. (RBAK - N:68375) New stop @ 12,85 Stop type: TSL50
02/02/06	STOP	Security: APPLE COMPUTER (AAPL - N:13512) New stop @ 65,95 Stop type: TSL50
02/02/06	OPEN POSITION LONG	Security: BROADCOM STK A (BRCM) NB: 14512 ISL: 55,38 M: 2
02/02/06	STOP	Security: PLEXUS (PLXS - N:43855) New stop @ 21,36 Stop type: TSL50
02/02/06	STOP	Security: Redback Networks Inc. (RBAK - N:68375) New stop @ 12,74 Stop type: TSL50
01/02/06	STOP	Security: Redback Networks Inc. (RBAK - N:68375) New stop @ 12,62 Stop type: TSL50
01/02/06	STOP	Security: APPLE COMPUTER (AAPL - N:13512) New stop @ 65,91 Stop type: TSL50
01/02/06	STOP	Security: PLEXUS (PLXS - N:43855) New stop @ 21,22 Stop type: TSL50
31/01/06	STOP	Security: APPLE COMPUTER (AAPL - N:13512) New stop @ 65,77 Stop type: TSL50
31/01/06	STOP	Security: PLEXUS (PLXS - N:43855) New stop @ 20,95 Stop type: TSL50
31/01/06	STOP	Security: Redback Networks Inc. (RBAK - N:68375) New stop @ 12,50 Stop type: TSL50
30/01/06	STOP	Security: Redback Networks Inc. (RBAK - N:68375) New stop @ 12,40 Stop type: TSL50
30/01/06	STOP	Security: APPLE COMPUTER (AAPL - N:13512) New stop @ 65,63 Stop type: TSL50
30/01/06	STOP	Security: ADV MICRO DEV (AMD - N:27677) New stop @ 34,76 Stop type: ZLS

That's all folks.