COSMOS portfolios

Introduction

2007-03-03T01:28:00.000-08:00

COSMOS portfolios are based on the method and software described at http://tradingautomation.blogspot.com/ and we present here on a weekly basis the positions and actions taken on reference portfolios. One of these portfolios corresponds to a 10M USD reference account started on the Dec. 20th 2004.

Keywords

2007-03-03T01:27:00.000-08:00

reference portfolios, trading signal, market analysis, trading automation, automatic trading, systematic trading, expert-systems, software, long short, leveraged, trend following, stocks, ETFs, equity indexes trading.

Reference Portfolio 3rd of March 2007

2007-03-03T01:25:00.000-08:00

Tough week, indeed ! The system handles the situation as follows:

Actions
STOP - Security: Energizer Holdings, Inc. (ENR - N:11032) New stop @ 67,36 Stop type: TSL200+2
STOP - Security: SINA Corporation (SINA - N:24967) New stop @ 28,65 Stop type: ISL+2
STOP - Security: BLOCKBUSTER INC(VIACOM INTL) (BBI - N:131687) New stop @ 5,45 Stop type: ISL+2
STOP - Security: SUN MICROSYS (SUNW - N:140162) New stop @ 5,11 Stop type: ISL+2
STOP - Security: PRICELINE.COM (PCLN - N:16684) New stop @ 43,27 Stop type: ISL+2
STOP - Security: LAMAR ADVERTSNG STK A (LAMR - N:12463) New stop @ 56,93 Stop type: ISL+2
STOP - Security: LEVEL 3 CO MMS (LVLT - N:128499) New stop @ 5,46 Stop type: ISL+2
STOP - Security: APPLE COMPUTER (AAPL - N:8747) New stop @ 78,92 Stop type: ISL+2

Account general informations
NAV: 10 457 319,30
Market Expo: 10 022 941,58
Open Positions: 12

Actual portfolio (included today actions)
BLOCKBUSTER INC(VIACOM INTL) OpenDate: 17/01/2007 NB:131687 STOP: 5,45
APPLE COMPUTER OpenDate: 17/01/2007 NB:8747 STOP: 78,92
INTERPUBLIC GRP OpenDate: 17/01/2007 NB:61505 STOP: 10,95
LAMAR ADVERTSNG STK A OpenDate: 17/01/2007 NB:12463 STOP: 56,93
AMKOR TECHNOLOGY OpenDate: 17/01/2007 NB:75905 STOP: 8,95
SINA Corporation OpenDate: 17/01/2007 NB:24967 STOP: 28,65
Redback Networks Inc. OpenDate: 17/01/2007 NB:34222 STOP: 19,86
LEVEL 3 COMMS OpenDate: 17/01/2007 NB:128499 STOP: 5,46
SUN MICROSYS OpenDate: 17/01/2007 NB:140162 STOP: 5,11
SAVVIS Communications OpenDate: 18/01/2007 NB:21210 STOP: 40,95
Energizer Holdings, Inc. OpenDate: 18/01/2007 NB:11032 STOP: 67,36
PRICELINE.COM OpenDate: 20/02/2007 NB:16684 STOP: 43,27

Reference Portfolio as of the 24th Of Feb

2007-02-24T01:40:00.000-08:00

The system pass the 11M$ mark again.
Here follows the positions and corresponding stops :

Actions
Nothing

Account general informations
NAV: 11 008 275,73
Market Expo: 10 573 898,00
Open Positions: 12

Actual portfolio (included today actions)
BLOCKBUSTER INC(VIACOM INTL) OpenDate: 17/01/2007 NB:131687 STOP: 5,16
APPLE COMPUTER OpenDate: 17/01/2007 NB:8747 STOP: 77,68
INTERPUBLIC GRP OpenDate: 17/01/2007 NB:61505 STOP: 10,95
LAMAR ADVERTSNG STK A OpenDate: 17/01/2007 NB:12463 STOP: 54,52
AMKOR TECHNOLOGY OpenDate: 17/01/2007 NB:75905 STOP: 8,95
SINA Corporati on OpenDate: 17/01/2007 NB:24967 STOP: 27,22
Redback Networks Inc. OpenDate: 17/01/2007 NB:34222 STOP: 19,86
LEVEL 3 COMMS OpenDate: 17/01/2007 NB:128499 STOP: 5,29
SUN MICROSYS OpenDate: 17/01/2007 NB:140162 STOP: 4,85
SAVVIS Communications OpenDate: 18/01/2007 NB:21210 STOP: 40,95
Energizer Holdings, Inc. OpenDate: 18/01/2007 NB:11032 STOP: 60,95
PRICELINE.COM OpenDate: 20/02/2007 NB:16684 STOP: 41,50

Reference Portfolio as of the 1st of Feb 2007

2007-02-01T23:30:00.000-08:00

The system remains with a limited exposure so far and no action is reported lately :

Actions
Nothing

Account general informations
NAV: 10 713 507,39
Market Expo: 9 413 720,71
Open Positions: 11

Actual portfolio (included today actions)
BLOCKBUSTER INC(VIACOM INTL) OpenDate: 17/01/2007 NB:131687 STOP: 5,16
APPLE COMPUTER OpenDate: 17/01/2007 NB:8747 STOP: 77,68
INTERPUBLIC GRP OpenDate: 17/01/2007 NB:61505 STOP: 10,95
LAMAR ADVERTSNG STK A OpenDate: 17/01/2007 NB:12463 STOP: 54,52
AMKOR TECHNOLOGY OpenDate: 17/01/2007 NB:75905 STOP: 8,95
SINA Corporatio n OpenDate: 17/01/2007 NB:24967 STOP: 27,22
Redback Networks Inc. OpenDate: 17/01/2007 NB:34222 STOP: 19,86
LEVEL 3 COMMS OpenDate: 17/01/2007 NB:128499 STOP: 5,29
SUN MICROSYS OpenDate: 17/01/2007 NB:140162 STOP: 4,85
SAVVIS Communications OpenDate: 18/01/2007 NB:21210 STOP: 31,82
Energizer Holdings, Inc. OpenDate: 18/01/2007 NB:11032 STOP: 60,95

Reference Portfolio as of the 17th of Jan 2007

2007-01-22T05:59:00.000-08:00

Finally the system resumes taking LONG position on the market:

Actions
OPEN POSITION LONG - Security: BLOCKBUSTER INC(VIACOM INTL) (BBI) NB: 131687 ISL: 5,16 M: 2
OPEN POSITION LONG - Security: APPLE COMPUTER (AAPL) NB: 8747 ISL: 77,68 M: 2
OPEN POSITION LONG - Security: INTERPUBLIC GRP (IPG) NB: 61505 ISL: 10,95 M: 2
OPEN POSITION LONG - Security: LAMAR ADVERTSNG STK A (LAMR) NB: 12463 ISL: 54,52 M: 2
OPEN POSITION LONG - Security: AMKOR TECHNOLOGY (AMKR) NB: 75905 ISL: 8,95 M: 2
OPEN POSITION LONG - Security: SINA Corporation (SINA) NB: 24967 ISL: 27,22 M: 2
OPEN POSITION LONG - Security: Redback Networks Inc. (RBAK) NB: 34222 ISL: 19,86 M: 2
OPEN POSITION LONG - Security: LEVEL 3 COMMS (LVLT) NB: 128499 ISL: 5,29 M: 2
OPEN POSITION LONG - Security: SUN MICROSYS (SUNW) NB: 140162 ISL: 4,85 M: 2

Account general informations
NAV: 10 617 172,22
Market Expo: 7 644 356,77
Open Positions: 9

Actual portfolio (included today actions)
BLOCKBUSTER INC(VIACOM INTL) OpenDate: 16/01/2007 NB:131687 STOP: 5,16
APPLE COMPUTER OpenDate: 16/01/2007 NB:8747 STOP: 77,68
INTERPUBLIC GRP OpenDate: 16/01/2007 NB:61505 STOP: 10,95
LAMAR ADVERTSNG STK A OpenDate: 16/01/2007 NB:12463 STOP: 54,52
AMKOR TECHNOLOGY OpenDate: 16/01/2007 NB:75905 STOP: 8,95
SINA Corporation OpenDate: 16/01/2007 NB:24967 STOP: 27,22
Redback Networks Inc. OpenDate: 16/01/2007 NB:34222 STOP: 19,86
LEVEL 3 COMMS OpenDate: 16/01/2007 NB:128499 STOP: 5,29
SUN MICROSYS OpenDate: 16/01/2007 NB:140162 STOP: 4,85

Account Viewer downloaded on FTP Server

Reference Portfolio on 10th Jan 2007

2007-01-10T09:17:00.000-08:00

Happy new year 2007 and profitable trading !

Here follows a short summary of the reference portfolio and of the world markets:

Actions
Nothing

Account general informations
NAV: 10 613 440,02
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

World markets summary:

Refence Portfolio as of the 2nd of Dec. 2006

2006-12-02T00:32:00.000-08:00

It's been a pretty uneventfull month and the system remains flat so far:

Actions
Nothing

Account general informations
NAV: 10 582 919,12
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

Stay tuned, as soon as trading will resume, I will post.
As an aside comment, trading has already resumed on the european markets.

Cheers.

Reference Portfolio as of the 28th of Oct 2006

2006-10-29T01:32:00.000-08:00

Flat, the system is flat, knowing that a small pullback that will almost certainly happen now will probably lead to a later entry.

Actions
Nothing

Account general informations
NAV: 10 552 485,98
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

Reference Portfolio as of the 21st of Oct 2006

2006-10-22T00:38:00.000-07:00

From various indicators I have, I guess it nis now just a matter of days before the system will resume trading LONG this market. So far, it remains on the sidelines:

Actions
Nothing

Account general informations
NAV: 10 546 156,77
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

Reference Portfolio as of the 14th of Oct.

2006-10-15T02:22:00.000-07:00

Still flat:

Actions
Nothing

Account general informations
NAV: 10 539 831,35
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

Reference Portfolio as of the 7th of Oct 2006

2006-10-07T01:58:00.000-07:00

Still flat, be patient !

Actions
Nothing

Account general informations
NAV: 10 533 509,73
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

Reference Portfolio as of the 30th of Sept. 2006

2006-09-30T08:03:00.000-07:00

It's been a long time since we're on the sidelines, but there we remain !

Actions
Nothing

Account general informations
NAV: 10 527 191,90
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

Reference Portfolio as of the 23rd of Sept 2006

2006-09-23T03:17:00.000-07:00

Flat, still flat so far.

Actions
Nothing

Account general informations
NAV: 10 520 877,85
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

Reference Portfolio as of the 16th of September

2006-09-16T03:44:00.000-07:00

Flat, still flat, the system remains flat.

Actions
Nothing

Account general informations
NAV: 10 514 567,60
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

Reference Portfolio as of the 9th of Sept 2006

2006-09-09T10:14:00.000-07:00

Reference Portfolio as of the 9th of Sept 2006: flat the system remains flat !

Actions
Nothing

Account general informations
NAV: 10 508 261,13
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

Reference Portfolio as of 2nd of Sept 2006

2006-09-04T03:01:00.000-07:00

The system remains flat:

Actions
Nothing

Account general informations
NAV: 10 503 218,68
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

Reference Portfolio as of the 26th of August 2006

2006-08-27T10:07:00.000-07:00

The system remains flat:

Actions
Nothing

Account general informations
NAV: 10 496 919,01
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

Reference Portfolio as of the 16th of August

2006-08-17T01:16:00.000-07:00

We're flat again, as the system is closing SHORTs asap, one position on stop the others on "garbagge collection" rule:

Actions
CLOSE POSITION SHORT - Security: NTL Incorporated (NTLI) NB: 37798 Close rule: StopOnSecurity
CLOSE POSITION SHORT - Security: TAKE TWO (TTWO) NB: 81522 Close rule: GC
CLOSE POSITION SHORT - Security: DELL COMPUTER (DELL) NB: 40986 Close rule: GC
CLOSE POSITION SHORT - Security: FOUNDRY NETWORKS INC (FDRY) NB: 87451 Close rule: GC

Account general informations
NAV: 10 506 490,54
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

NAV has slightly dived in the process...

Reference Portfolio as of the 14th of August

2006-08-15T01:00:00.000-07:00

This time the system has gone SHORT on the market. Remember that it considers a trading universe filled with technology, media and telecoms stocks, approximatively a bit more than one thousand stocks. Stops value are of course higher than the last stock price quoted.

Actions
Nothing

Account general informations
NAV: 10 668 527,25
Market Expo: 3 536 857,76
Open Positions: 4

Actual portfolio SHORT (included today actions)
TAKE TWO OpenDate: 08/08/2006 NB:81522 STOP: 11,84
NTL Incorporated OpenDate: 11/08/2006 NB:37798 STOP: 24,40
DELL COMPUTER OpenDate: 11/08/2006 NB:40986 STOP: 23,36
FOUNDRY NETWORKS INC OpenDate: 14/08/2006 NB:87451 STOP: 11,20

Reference Portfolio as of the 4th of August

2006-08-04T03:01:00.000-07:00

Well, the system remains on the sidelines as it did the week before on the 29th of July and on the 22nd of July as well. I was not away, but a bit tired to write "not in the market" even though not being in the market is as much of a decision as being LONG or SHORT !

Still on the money market so far and the account update stands as:

Actions
Nothing

Account general informations
NAV: 10 759 650,20
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

The situation on the world markets has pretty much changed since the last update so I include hereafter a new analysis. The format of the table has been slightly adapted to include additional information. For each market, characterized by an index, is indicated whether the market is BULL, NEUTRAL or BEAR, since when is the case, whether the market is considered for TRADING (LONG/SHORT/SIDELINE) or INVESTING (LONG only) and since when. SIDE means that the system remains on the sidelines, i.e. not in the market.

Hope it helps.

Reference Portfolio as of the 15th of July 06/07/15

2006-07-15T01:21:00.000-07:00

Flat is still the only word to describe the system's stance !

Actions
Nothing

Account general informations
NAV: 10 741 590,25
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

Patient, need to be patient !

Reference Portfolio as of the 8th of July 06/07/08

2006-07-07T23:31:00.000-07:00

The system remains flat as this market cannot regain shape due to North Korea missile tests, inflationary pressures, bellweather warnings, etc.

Actions
Nothing

Account general informations
NAV: 10 735 147,61
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

So good, so far...

Reference Portfolio as of the 1st of July 06/07/01

2006-07-02T01:59:00.000-07:00

The system remains flat but we get some indication that it will not be for long now. The money has been parked on the money market and the situtation is as follows:
Actions
Nothing

Account general informations
NAV: 10 729 996,29
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

but observing the curves of the number of open trades, we can notice that we're certainly pretty close from a bounce back :
The blue curve indicates the number of trades either LONG on a BULL market or SHORT on a BEAR market that the system finds everyday. The purple curve gives its 10 days moving average and as one can notice we've been at lows since the 19th of May. Of course, this is just one of the many indicators used by the system to decide to resume taking positions, but it is closely noticed.

Furthermore, even though the system has been pretty quick acknowledging this correction in what remains a bull market, the peak to though made since Feb the 1st is the worse on this account made since the beginning of the run on Dec. the 20th 2004.

We report hereafter the complete P2T (Peak to Through) Table which gives the feeling of the investor diving from a Peak of the NAV to the next Through and then add some distribution data indicating that so far the system has made 16 P2T between 0% and 10% and one between 10% and 20%:

Reference Portfolio as of the 24th of June 06/06/24

2006-06-25T23:21:00.000-07:00

Flat, flat we remain flat !

Actions
Nothing

Account general informations
NAV: 10 723 560,61
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

Reference Portfolio as of the 17th of June 06/06/17

2006-06-17T02:03:00.000-07:00

The system remains flat on the 17th of June and by having closed positions early it has well weathered the downturn...

Actions
Nothing

Account general informations
NAV: 10 717 128,79
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

Reference Portfolio as of the 10th of June 06/06/10

2006-06-13T00:26:00.000-07:00

The system remains flat.

Actions
Nothing

Account general informations
NAV: 10 710 700,82
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

Reference Portfolio as of the 3rd of June 06/06/03

2006-06-03T10:17:00.000-07:00

The system remains flat, on the money market:

Actions
Nothing

Account general informations
NAV: 10 704 276,72
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

Reference Portfolio as of the 27th of May 06/05/27

2006-05-29T23:57:00.000-07:00

The system's portfolio remains flat:

Actions
Nothing

Account general informations
NAV: 10 699 140,20
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

Reference Portfolio as of the 20th of May 06/05/20

2006-05-20T02:35:00.000-07:00

No change as to the situation of the world markets and the system remains flat of course.
Here follows the NAV as we parked the cash on the money market.

Actions
Nothing

Account general informations
NAV: 10 692 723,03
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

Nothing exciting !

Reference Portfolio as of the 13th of May 06/05/13

2006-05-14T02:15:00.000-07:00

Undoubtedly a very difficult market, whipsawing regularly and rapid adverse moves. The portfolio is closed by the system on a "garbage collection" rule, acknowledging a pullback. Here's follows the latest actions:
Actions
CLOSE POSITION LONG - Security: NII Holdings, Inc. (NIHD) NB: 16000 Close rule: GC
CLOSE POSITION LONG - Security: COMMSCOPE (CTV) NB: 31640 Close rule: GC
CLOSE POSITION LONG - Security: Garmin Ltd. (GRMN) NB: 11256 Close rule: GC
CLOSE POSITION LONG - Security: LEVEL 3 COMMS (LVLT) NB: 163568 Close rule: GC
CLOSE POSITION LONG - Security: Bankrate, Inc. (RATE) NB: 21130 Close rule: GC
CLOSE POSITION LONG - Security: NVIDIA (NVDA) NB: 32094 Close rule: GC
CLOSE POSITION LONG - Security: Diodes Incorporated (DIOD) NB: 22341 Close rule: GC
CLOSE POSITION LONG - Security: TELLABS (TLAB) NB: 57573 Close rule: GC
CLOSE POSITION LONG - Security: ZORAN CORP (ZRAN) NB: 32686 Close rule: GC
CLOSE POSITION LONG - Security: THOMAS & BETTS (TNB) NB: 15400 Close rule: GC
CLOSE POSITION LONG - Security: CITRIX SYSTEMS (CTXS) NB: 21188 Close rule: GC
CLOSE POSITION LONG - Security: America Movil SA (AMX) NB: 22416 Close rule: GC

Account general informations
NAV: 10 751 674,35
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

Reference Portfolio as of the 6th of May 06/05/06

2006-05-06T04:46:00.000-07:00

NAV stands @ 11 550 265 USD and the system is increasing exposure slightly opening 3 new positions as can be noticed hereafter:

Actions
STOP - Security: NVIDIA (NVDA - N:32094) New stop @ 24,95 Stop type: TSL50
OPEN POSITION LONG - Security: ZORAN CORP (ZRAN) NB: 32686 ISL: 22,62 M: 2
OPEN POSITION LONG - Security: THOMAS & BETTS (TNB) NB: 15400 ISL: 47,95 M: 2
OPEN POSITION LONG - Security: CITRIX SYSTEMS (CTXS) NB: 21188 ISL: 34,89 M: 2

Account general informations
NAV: 11 550 265,37
Market Expo: 11 461 051,85
Open Positions: 12

Actual portfolio (included today actions)
NII Holdings, Inc. OpenDate: 30/03/2006 NB:16000 STOP: 47,80
COMMSCOPE OpenDate: 30/03/2006 NB:31640 STOP: 23,96
Garmin Ltd. OpenDate: 30/03/2006 NB:11256 STOP: 68,33
LEVEL 3 COMMS OpenDate: 30/03/2006 NB:163568 STOP: 4,48
Bankrate, Inc. OpenDate: 30/03/2006 NB:21130 STOP: 35,97
AMER SCIENCE OpenDate: 30/03/2006 NB:9999 STOP: 74,60
NVIDIA OpenDate: 30/03/2006 NB:32094 STOP: 24,95
Diodes Incorporated OpenDate: 30/03/2006 NB:22341 STOP: 33,95
TELLABS OpenDate: 30/03/2006 NB:57573 STOP: 12,97
ZORAN CORP OpenDate: 05/05/2006 NB:32686 STOP: 22,62
THOMAS & BETTS OpenDate: 05/05/2006 NB:15400 STOP: 47,95
CITRIX SYSTEMS OpenDate: 05/05/2006 NB:21188 STOP: 34,89

Reference Portfolio as of 28th of April 06/04/28

2006-04-29T08:56:00.000-07:00

Here is the situation of the reference portfolio as of the 28th of April. We've been overperforming, say better resisting than the market, with a positive performance.
All actions since last week follow at the end of the post.

Actions
STOP - Security: NVIDIA (NVDA - N:32094) New stop @ 24,41 Stop type: TSL50

Account general informations
NAV: 11 369 001,76
Market Expo: 9 260 919,01
Open Positions: 10

Actual portfolio (included today actions)
NII Holdings, Inc. OpenDate: 30/03/2006 NB:16000 STOP: 47,80
COMMSCOPE OpenDate: 30/03/2006 NB:31640 STOP: 23,96
Garmin Ltd. OpenDate: 30/03/2006 NB:11256 STOP: 68,33
LEVEL 3 COMMS OpenDate: 30/03/2006 NB:163568 STOP: 4,48
Bankrate, Inc. OpenDate: 30/03/2006 NB:21130 STOP: 35,97
AMER SCIENCE OpenDate: 30/03/2006 NB:9999 STOP: 74,60
NVIDIA OpenDate: 30/03/2006 NB:32094 STOP: 24,41
Diodes Incorporated OpenDate: 30/03/2006 NB:22341 STOP: 33,95
Silicon Laboratories OpenDate: 30/03/2006 NB:16392 STOP: 45,95
TELLABS OpenDate: 30/03/2006 NB:57573 STOP: 12,97

28/04/06	STOP	Security: NVIDIA (NVDA - N:32094) New stop @ 24,41 Stop type: TSL50
24/04/06	CLOSE POSITION LONG	Security: FOUNDRY NETWORKS INC (FDRY) NB: 51058 Close rule: StopOnSecurity

Reference Portfolio as of 21st of April 06/04/21

2006-04-22T07:51:00.000-07:00

Latest situation follows:
Account general informations
NAV: 11 214 680,23
Market Expo: 9 862 756,47
Open Positions: 11

Actual portfolio (included today actions)
NII Holdings, Inc. OpenDate: 30/03/2006 NB:16000 STOP: 47,80
COMMSCOPE OpenDate: 30/03/2006 NB:31640 STOP: 23,96
FOUNDRY NETWORKS INC OpenDate: 30/03/2006 NB:51058 STOP: 14,81
LEVEL 3 COMMS OpenDate: 30/03/2006 NB:163568 STOP: 4,48
Bankrate, Inc. OpenDate: 30/03/2006 NB:21130 STOP: 35,97
AMER SCIENCE OpenDate: 30/03/2006 NB:9999 STOP: 74,60
NVIDIA OpenDate: 30/03/2006 NB:32094 STOP: 24,35
Diodes Incorporated OpenDate: 30/03/2006 NB:22341 STOP: 33,95
Silicon Laboratories OpenDate: 30/03/2006 NB:16392 STOP: 45,95
TELLABS OpenDate: 30/03/2006 NB:57573 STOP: 12,97
Garmin Ltd. OpenDate: 30/03/2006 NB:11256 STOP: 68,33

Latest actions (this week):

18/04/06	STOP	Security: NII Holdings, Inc. (NIHD - N:16000) New stop @ 47,80 Stop type: ISL+2
18/04/06	STOP	Security: NVIDIA (NVDA - N:32094) New stop @ 24,35 Stop type: TSL50+2
18/04/06	STOP	Security: Garmin Ltd. (GRMN - N:11256) New stop @ 68,33 Stop type: ISL+2
18/04/06	STOP	Security: Bankrate, Inc. (RATE - N:21130) New stop @ 35,97 Stop type: ISL+2
18/04/06	STOP	Security: FOUNDRY NETWORKS INC (FDRY - N:51058) New stop @ 14,81 Stop type: ISL+2
18/04/06	STOP	Security: Silicon Laboratories (SLAB - N:16392) New stop @ 45,95 Stop type: ISL+2
18/04/06	STOP	Security: AMER SCIENCE (ASEI.O - N:9999) New stop @ 74,60 Stop type: ISL+2
18/04/06	STOP	Security: COMMSCOPE (CTV - N:31640) New stop @ 23,96 Stop type: ISL+2
18/04/06	STOP	Security: Diodes Incorporated (DIOD - N:22341) New stop @ 33,95 Stop type: ISL+2
17/04/06	STOP	Security: TELLABS (TLAB - N:57573) New stop @ 12,97 Stop type: ISL+1
17/04/06	STOP	Security: NVIDIA (NVDA - N:32094) New stop @ 23,59 Stop type: TSL50
17/04/06	STOP	Security: NVIDIA (NVDA - N:32094) New stop @ 23,95 Stop type: TSL50+1
17/04/06	STOP	Security: AMER SCIENCE (ASEI.O - N:9999) New stop @ 73,98 Stop type: ISL+1
17/04/06	STOP	Security: NII Holdings, Inc. (NIHD - N:16000) New stop @ 46,86 Stop type: ISL+1
17/04/06	STOP	Security: Diodes Incorporated (DIOD - N:22341) New stop @ 33,47 Stop type: ISL+1
17/04/06	STOP	Security: FOUNDRY NETWORKS INC (FDRY - N:51058) New stop @ 14,60 Stop type: ISL+1
17/04/06	STOP	Security: Garmin Ltd. (GRMN - N:11256) New stop @ 66,73 Stop type: ISL+1
17/04/06	STOP	Security: Silicon Laboratories (SLAB - N:16392) New stop @ 45,45 Stop type: ISL+1
17/04/06	STOP	Security: COMMSCOPE (CTV - N:31640) New stop @ 23,50 Stop type: ISL+1
17/04/06	STOP	Security: Bankrate, Inc. (RATE - N:21130) New stop @ 35,36 Stop type: ISL+1
13/04/06	STOP	Security: NVIDIA (NVDA - N:32094) New stop @ 23,46 Stop type: TSL50
12/04/06	STOP	Security: NVIDIA (NVDA - N:32094) New stop @ 23,33 Stop type: TSL50
10/04/06	STOP	Security: NVIDIA (NVDA - N:32094) New stop @ 22,95 Stop type: TSL50

Reference Portfolio as of 14th of April 06/04/14

2006-04-14T00:18:00.000-07:00

Here follows the situation as of Thursday (markets are closed on Friday) and after last week NVDA split. The market has slightly dived since the 7th, so have we, and it's not been a very exciting week. Here is the reference portfolio with latest stop move on NVDA:

Actions
STOP - Security: NVIDIA (NVDA - N:32094) New stop @ 23,46 Stop type: TSL50

Account general informations
NAV: 11 193 630,65
Market Expo: 9 841 706,88
Open Positions: 11

Actual portfolio (included today actions)
NII Holdings, Inc. OpenDate: 30/03/2006 NB:16000 STOP: 45,80
COMMSCOPE OpenDate: 30/03/2006 NB:31640 STOP: 22,95
FOUNDRY NETWORKS INC OpenDate: 30/03/2006 NB:51058 STOP: 14,35
LEVEL 3 COMMS OpenDate: 30/03/2006 NB:163568 STOP: 4,48
Bankrate, Inc. OpenDate: 30/03/2006 NB:21130 STOP: 34,68
AMER SCIENCE OpenDate: 30/03/2006 NB:9999 STOP: 73,29
NVIDIA OpenDate: 30/03/2006 NB:32094 STOP: 23,46
Diodes Incorporated OpenDate: 30/03/2006 NB:22341 STOP: 32,80
Silicon Laboratories OpenDate: 30/03/2006 NB:16392 STOP: 44,70
TELLABS OpenDate: 30/03/2006 NB:57573 STOP: 12,73
Garmin Ltd. OpenDate: 30/03/2006 NB:11256 STOP: 64,95

Best luck to your trading.

Reference Portfolio as of 6th of April 06/04/06

2006-04-08T01:01:00.000-07:00

Here follows the situation as of Thursday, knowing that there was a 2 for 1 split on NVDA happening on Friday. This is the situation as before the split occured on Friday. All data must be adjusted so as to take into account the split, including the place of the corresponding stop of course.

Actions
Nothing

Account general informations
NAV: 11 429 625,41
Market Expo: 10 077 701,64
Open Positions: 11

Actual portfolio (included today actions)
LEVEL 3 COMMS OpenDate: 30/03/2006 NB:163568 STOP: 4,48
Bankrate, Inc. OpenDate: 30/03/2006 NB:21130 STOP: 34,68
AMER SCIENCE OpenDate: 30/03/2006 NB:9999 STOP: 73,29
NVIDIA OpenDate: 30/03/2006 NB:16047 STOP: 45,66
Diodes Incorporated OpenDate: 30/03/2006 NB:22341 STOP: 32,80
Silicon Laboratories OpenDate: 30/03/2006 N B:16392 STOP: 44,70
TELLABS OpenDate: 30/03/2006 NB:57573 STOP: 12,73
Garmin Ltd. OpenDate: 30/03/2006 NB:11256 STOP: 64,95
COMMSCOPE OpenDate: 30/03/2006 NB:31640 STOP: 22,95
FOUNDRY NETWORKS INC OpenDate: 30/03/2006 NB:51058 STOP: 14,35
NII Holdings, Inc. OpenDate: 30/03/2006 NB:16000 STOP: 45,80

Reference Portfolio as of 31st of March 06/03/31

2006-03-31T00:20:00.000-08:00

We're back to business again. Here's what the system has just done:

Actions
OPEN POSITION LONG - Security: LEVEL 3 COMMS (LVLT) NB: 163568 ISL: 4,48 M: 2
OPEN POSITION LONG - Security: Bankrate, Inc. (RATE) NB: 21130 ISL: 34,68 M: 2
OPEN POSITION LONG - Security: AMER SCIENCE (ASEI.O) NB: 9999 ISL: 73,29 M: 2
OPEN POSITION LONG - Security: NVIDIA (NVDA) NB: 16047 ISL: 45,66 M: 2
OPEN POSITION LONG - Security: Diodes Incorporated (DIOD) NB: 22341 ISL: 32,80 M: 2
OPEN POSITION LONG - Security: Silicon Laboratories (SLAB) NB: 16392 ISL: 44,70 M: 2
OPEN POSITION LONG - Security: TELLABS (TLAB) NB: 57573 ISL: 12,73 M: 2
OPEN POSITION LONG - Security: Garmin Ltd. (GRMN) NB: 11256 ISL: 64,95 M: 2
OPEN POSITION LONG - Security: FOUNDRY NETWORKS INC (FDRY) NB: 51058 ISL: 14,35 M: 2
OPEN POSITION LONG - Security: NII Holdings, Inc. (NIHD) NB: 16000 ISL: 45,80 M: 2
OPEN POSITION LONG - Security: COMMSCOPE (CTV) NB: 31640 ISL: 22,95 M: 2

Account general informations
NAV: 11 449 665,09
Market Expo: 10 075 861,66
Open Positions: 11

Actual portfolio (included today actions)
LEVEL 3 COMMS OpenDate: 29/03/2006 NB:163568 STOP: 4,48
Bankrate, Inc. OpenDate: 29/03/2006 NB:21130 STOP: 34,68
AMER SCIENCE OpenDate: 29/03/2006 NB:9999 STOP: 73,29
NVIDIA OpenDate: 29/03/2006 NB:16047 STOP: 45,66
Diodes Incorporated OpenDate: 29/03/20 06 NB:22341 STOP: 32,80
Silicon Laboratories OpenDate: 29/03/2006 NB:16392 STOP: 44,70
TELLABS OpenDate: 29/03/2006 NB:57573 STOP: 12,73
Garmin Ltd. OpenDate: 29/03/2006 NB:11256 STOP: 64,95
FOUNDRY NETWORKS INC OpenDate: 29/03/2006 NB:51058 STOP: 14,35
NII Holdings, Inc. OpenDate: 29/03/2006 NB:16000 STOP: 45,80
COMMSCOPE OpenDate: 29/03/2006 NB:31640 STOP: 22,95

Reference Portfolio as of 06/03/17 17th of March

2006-03-18T00:40:00.000-08:00

The system remains flat and the situation is as follows:

Actions
Nothing

Account general informations
NAV: 11 440 160,80
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

The only change to the world markets is the SSEC (Shanghai's index) which turned BULL on Feb the 14th 2006 with all Chinese indexes to the LONG end now.

A summary table is given hereunder:

Reference Portfolio as of 06/03/10 10th of March

2006-03-11T01:45:00.000-08:00

The system has been whipsawed and is designed to prefer to take a small loss than to let positions run against it. Therefore the portfolio is closed again waiting for better conditions, with accelerating market internal, increasing number of open trades and better technical configuration. We've had so far a difficult market for traders (or trading automation systems) as most of the moves these last two years have been followed by 68% (fibonacci) retracements and therefore as soon as the system either gets in, or worse makes some money and starts leveraging, we've been shaken out early. Graphical representations of NAV & Market Expo, of Open Trades and a table of P2T are given after. We also make the worse P2T since the account started (12,85%).

Undoubtedly, it's been a much easier environment for investors who have been running a slow bull market for most of 2004 and 2005.

Here's where we stand and NAV is down to 11 408 521 USD:

Actions
CLOSE POSITION LONG - Security: AMKOR TECHNOLOGY (AMKR) NB: 101290 Close rule: GC
CLOSE POSITION LONG - Security: WESCO INTL (WCC) NB: 16353 Close rule: GC
CLOSE POSITION LONG - Security: AMER SCIENCE (ASEI.O) NB: 11166 Close rule: GC
CLOSE POSITION LONG - Security: SBA COMMS CORP (SBAC) NB: 42116 Close rule: GC
CLOSE POSITION LONG - Security: E TRADE GROUP (ET) NB: 37560 Close rule: GC
CLOSE POSITION LONG - Security: INFORMATICA (INFA) NB: 59882 Close rule: GC
CLOSE POSITION LONG - Security: ADAPTEC (ADPT) NB: 146925 Close rule: GC
CLOSE POSITION LONG - Security: TELLABS (TLAB) NB: 65047 Close rule: GC
CLOSE POSITION LONG - Security: KFX (KFX) NB: 45923 Close rule: GC
CLOSE POSITION LONG - Security: InterDigital Communication (IDCC) NB: 35818 Close rule: GC
CLOSE POSITION LONG - Security: NetEase.com, Inc. (NTES) NB: 10967 Close rule: GC

Account general informations
NAV: 11 408 521,55
Market Expo: 0,00
Open Positions: 0

Actual portfolio (included today actions)
Nothing

The slowdown in the market is visible on this graph of the Potential Open Trades:

The graphical display of the NAV and other information is given hereunder:

P2T Table:

Stay tuned !

Reference Portfolio as of 06/03/03 3rd of March

2006-03-04T01:13:00.000-08:00

We're back to business and the system has started to slowly take positions again.
Here follows the situation, including positions:

Actions
Nothing

Account general informations
NAV: 12 121 133,72
Market Expo: 10 645 723,40
Open Positions: 11

Actual portfolio (included today actions)
AMKOR TECHNOLOGY OpenDate: 03/03/2006 NB:101290 STOP: 7,62
WESCO INTL OpenDate: 03/03/2006 NB:16353 STOP: 47,22
AMER SCIENCE OpenDate: 03/03/2006 NB:11166 STOP: 68,95
SBA COMMS CORP OpenDate: 03/03/2006 NB:42116 STOP: 18,34
E TRADE GROUP OpenDate: 03/03/2006 NB:37560 STOP: 20,56
INFORMATICA OpenDate: 03/03/2006 NB:59882 STOP: 12,90
ADAPTEC OpenDate: 03/03/2006 NB:146925 STOP: 5,26
TELLABS OpenDate: 03/03/2006 NB:65047 STOP: 11,87
KFX OpenDate: 03/03/2006 NB:45923 STOP: 16,82
InterDigital Communication OpenDate: 03/03/2006 NB:35818 STOP: 21,56
NetEase.com, Inc. OpenDate: 03/03/2006 NB:10967 STOP: 70,42

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

2006-02-25T02:10:00.000-08:00

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

2006-02-14T01:15:00.000-08:00

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

2006-02-11T02:21:00.000-08:00

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

2006-02-05T10:09:00.000-08:00

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.

Reference Portfolio Snapshot as of 06/01/27 Jan.27th

2006-01-28T01:11:00.000-08:00

Here follows the situation on the 27th of January and the list of actions is given after the portfolio's snapshot. The system maintains leverage on margin with a market expo of 17 197 310,35 USD for a NAV of 12 655 735,98 USD. Not for the sale of ENER which occured on a stop triggered this last trading day, market expo would stand above 18M. Since AMD downgrade by Deutsche Bank analyst, the stock has resumed its run.

Latest Actions
CLOSE POSITION LONG - Security: ENERGY CONV (ENER) NB: 20790 Close rule: StopOnSecurity
STOP - Security: ADV MICRO DEV (AMD - N:27677) New stop @ 28,33 Stop type: TSL50
STOP - Security: MEMC ELECTRONIC (WFR - N:38680) New stop @ 23,95 Stop type: ZLS
STOP - Security: APPLE COMPUTER (AAPL - N:13512) New stop @ 65,50 Stop type: TSL50

Account general informations
NAV: 12 655 735,98
Market Expo: 17 197 310,35
Open Positions: 17

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: 12,34
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: 28,33
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 Open Date: 11/11/2005 NB:13512 STOP: 65,50
Intersil OpenDate: 11/11/2005 NB:33212 STOP: 22,50
PLEXUS OpenDate: 11/11/2005 NB:43855 STOP: 19,76
T HQ OpenDate: 11/11/2005 NB:33907 STOP: 20,95

All Actions since last week

27/01/06	STOP	Security: ADV MICRO DEV (AMD - N:27677) New stop @ 28,33 Stop type: TSL50
27/01/06	STOP	Security: MEMC ELECTRONIC (WFR - N:38680) New stop @ 23,95 Stop type: ZLS
27/01/06	CLOSE POSITION LONG	Security: ENERGY CONV (ENER) NB: 20790 Close rule: StopOnSecurity
27/01/06	STOP	Security: APPLE COMPUTER (AAPL - N:13512) New stop @ 65,50 Stop type: TSL50
26/01/06	STOP	Security: APPLE COMPUTER (AAPL - N:13512) New stop @ 65,46 Stop type: TSL50
26/01/06	STOP	Security: TRIDENT MICROSYS (TRID - N:45517) New stop @ 20,39 Stop type: ZLS
26/01/06	STOP	Security: ADV MICRO DEV (AMD - N:27677) New stop @ 27,95 Stop type: TSL50
25/01/06	STOP	Security: APPLE COMPUTER (AAPL - N:13512) New stop @ 65,41 Stop type: TSL50
25/01/06	STOP	Security: ADV MICRO DEV (AMD - N:27677) New stop @ 27,77 Stop type: TSL50
24/01/06	STOP	Security: ENERGY CONV (ENER - N:20790) New stop @ 47,95 Stop type: ZLS
24/01/06	STOP	Security: ADV MICRO DEV (AMD - N:27677) New stop @ 27,53 Stop type: TSL50
24/01/06	STOP	Security: APPLE COMPUTER (AAPL - N:13512) New stop @ 65,31 Stop type: TSL50
23/01/06	STOP	Security: ENERGY CONV (ENER - N:20790) New stop @ 36,83 Stop type: TSL50

10MUS Portfolio Snapshot as of 06/01/20 Jan.20th

2006-01-21T05:40:00.000-08:00

Here follows the situation on the 20th of January and the list of actions is given after the portfolio's snapshot. The system maintains leverage on margin with a market expo of 17 004 905 USD for a NAV of 11 470 476 USD. We've had a 3 for 2 split on TALX and positions have been adjusted accordingly. Not a good week.

20/01/06	STOP	Security: ENERGY CONV (ENER - N:20790) New stop @ 36,41 Stop type: TSL50
11/01/06	STOP	Security: aQuantive Inc. (AQNT - N:33921) New stop @ 22,99 Stop type: TSL50+5
11/01/06	STOP	Security: T HQ (THQI - N:33907) New stop @ 20,95 Stop type: ISL+6
11/01/06	STOP	Security: MEMC ELECTRONIC (WFR - N:38680) New stop @ 19,95 Stop type: ISL+5
11/01/06	STOP	Security: TRIDENT MICROSYS (TRID - N:45517) New stop @ 16,29 Stop type: ISL+2
11/01/06	STOP	Security: GOOGLE (GOOG - N:2114) New stop @ 370,55 Stop type: ISL+7
11/01/06	STOP	Security: ADV MICRO DEV (AMD - N:27677) New stop @ 27,33 Stop type: ISL+1
11/01/06	STOP	Security: Crown Castle International (CCI - N:29513) New stop @ 24,59 Stop type: ISL+6

Current Portfolio :

Date	Security name	Price	NB	Tr	Stop	STOP T.	OPEN RULE	Margin	Risk	%
11/11/2005	Crown Castle International	27,91	29513	LONG	24,59	ISL+6	OpenRuleLong;S=? (M=1)	2	-162321,50	6,38%
11/11/2005	T HQ	24,35	33907	LONG	20,95	ISL+6	OpenRuleLong;S=? (M=1)	2	-164448,96	7,56%
11/11/2005	PLEXUS	18,97	43855	LONG	19,76	ZLS+1	OpenRuleLong;S=? (M=1)	2	-170595,92	20,66%
11/11/2005	Intersil	25,70	33212	LONG	22,5	ISL+6	OpenRuleLong;S=? (M=1)	2	-192297,51	-0,62%
11/11/2005	APPLE COMPUTER	61,54	13512	LONG	65,27	ZLS+4	OpenRuleLong;S=? (M=1)	2	-170251,21	23,64%
11/11/2005	GOOGLE	395,12	2114	LONG	370,6	ISL+7	OpenRuleLong;S=? (M=1)	2	-173855,35	1,10%
11/11/2005	aQuantive Inc.	24,54	33921	LONG	22,99	TSL50+5	OpenRuleLong;S=? (M=1)	2	-170961,87	7,01%
11/11/2005	Redback Networks Inc.	11,98	68375	LONG	12,34	ZLS	OpenRuleLong;S=? (M=1)	2	-157946,22	18,78%
11/11/2005	TALX	26,66	30937	LONG	27,46	ZLS	OpenRuleLong;S=? (M=1)	2	-163656,73	20,07%
11/11/2005	DIGITAL INSIGHT CORP	29,99	27528	LONG	30,89	ZLS	OpenRuleLong;S=? (M=1)	2	-164342,15	13,04%
06/12/2005	QUALITY SYSTEMS	83,52	10869	LONG	70,95	ISL+4	OpenRuleLong;S=? (M=1)	2	-186729,38	-2,50%
06/12/2005	SBA COMMS CORP	18,97	47559	LONG	15,78	ISL+4	OpenRuleLong;S=? (M=1)	2	-181199,76	-0,47%
06/12/2005	TRIDENT MICROSYS	19,80	45517	LONG	16,29	ISL+2	OpenRuleLong;S=? (M=1)	2	-180247,29	9,09%
06/12/2005	MEMC ELECTRONIC	23,44	38680	LONG	19,95	ISL+5	OpenRuleLong;S=? (M=1)	2	-185664,02	5,38%
09/01/2006	ADV MICRO DEV	33,75	27677	LONG	27,33	ISL+1	OpenRuleLong;S=? (M=1)	2	-186266,21	5,78%
09/01/2006	ENERGY CONV	46,73	20790	LONG	36,41	TSL50	OpenRuleLong;S=? (M=1)	2	-223492,49	16,52%
09/01/2006	UNOVA	36,47	25545	LONG	29,28	ISL	OpenRuleLong;S=? (M=1)	2	-183668,58	-1,97%
09/01/2006	CIENA	3,39	278257	LONG	2,69	ISL	OpenRuleLong;S=? (M=1)	2	-194779,93	3,24%

TEXSOL's World Markets Snapshot 06/01/13

2006-01-14T00:52:00.001-08:00

The only change as of the 13th of January is the close short window on the EURO/USD which happenned on 5/01/2006.

10MUS Portfolio Snapshot as of 13/01/07 Jan.13th

2006-01-14T00:52:00.000-08:00

Here follows the situation on the 13th of January. The system maintains leverage on margin with a market expo of 17 546 876 USD and a NAV of 12 015 378 USD. Latest actions hereunder.

Account general informations
NAV: 12 015 378,06
Market Expo: 17 546 876,25
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: 12,34
TALX OpenDate: 11/11/2005 NB:20625 STOP: 41,20
DIGITAL INSIGHT CORP OpenDate: 11/11/2005 NB:27528 STOP: 30,89
UNOVA OpenDate: 09/01/2006 NB:25545 STOP: 29,28
ENERGY CONV OpenDate: 09/01/2006 NB:20790 STOP: 35,98
CIENA OpenDate: 09/01/2006 NB:278257 STOP: 2,69
Crown Castle International OpenDate: 11/11/2005 NB:29513 STOP: 24,59
APPLE COMPUTER OpenDate: 11/11/2005 NB:13512 STOP: 65,27
Intersil OpenDate: 11/11/2005 NB:33212 STOP: 22,50
PLEXUS OpenDate: 11/11/2005 NB:43855 STOP: 19,76
T HQ OpenDate: 11/11/2005 NB:33907 STOP: 20,95
TRIDENT MICROSYS OpenDate: 06/12/2005 NB:45517 STOP: 16,29
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: 19,95
ADV MICRO DEV OpenDate: 09/01/2006 NB:27677 STOP: 27,33

11/01/06	STOP	Security: MEMC ELECTRONIC (WFR - N:38680) New stop @ 19,95 Stop type: ISL+5
11/01/06	STOP	Security: T HQ (THQI - N:33907) New stop @ 20,95 Stop type: ISL+6
11/01/06	STOP	Security: aQuantive Inc. (AQNT - N:33921) New stop @ 22,99 Stop type: TSL50+5
11/01/06	STOP	Security: Crown Castle International (CCI - N:29513) New stop @ 24,59 Stop type: ISL+6
11/01/06	STOP	Security: ADV MICRO DEV (AMD - N:27677) New stop @ 27,33 Stop type: ISL+1
11/01/06	STOP	Security: GOOGLE (GOOG - N:2114) New stop @ 370,55 Stop type: ISL+7
11/01/06	STOP	Security: TRIDENT MICROSYS (TRID - N:45517) New stop @ 16,29 Stop type: ISL+2

10MUS Portfolio Snapshot as of 06/01/07 Jan. 7th

2006-01-07T04:41:00.000-08:00

Here follows the situation on the 7th of January. The system has started leveraging with a market expo of 17 172 767 USD and a NAV of 11 685 986 USD. Latest actions hereunder.

Account general informations
NAV: 11 685 986,59
Market Expo: 17 172 767,22
Open Positions: 18

Actual portfolio (included today actions)
aQuantive Inc. OpenDate: 11/11/2005 NB:33921 STOP: 22,64
GOOGLE OpenDate: 11/11/2005 NB:2114 STOP: 361,95
Redback Networks Inc. OpenDate: 11/11/2005 NB:68375 STOP: 12,34
TALX OpenDate: 11/11/2005 NB:20625 STOP: 41,20
DIGITAL INSIGHT CORP OpenDate: 11/11/2005 NB:27528 STOP: 30,89
Crown Castle International OpenDate: 11/11/2005 NB:29513 STOP: 24,23
APPLE COMPUTER OpenDate: 11/11/2005 NB:13512 STOP: 65,27
Intersil OpenDate: 11/11/2005 NB:33212 STOP: 22,50
PLEXUS OpenDate: 11/11/2005 NB:43855 STOP: 19,76
T HQ OpenDate: 11/11/2005 NB:33907 STOP: 20,72
TRIDENT MICROSYS OpenDate: 06/12/2005 NB:45517 STOP: 15,95
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: 19,71
ADV MICRO DEV OpenDate: 06/01/2006 NB:27677 STOP: 26,95
ENERGY CONV OpenDate: 06/01/2006 NB:20790 STOP: 35,98
CIENA OpenDate: 06/01/2006 NB:278257 STOP: 2,69
UNOVA OpenDate: 06/01/2006 NB:25545 STOP: 29,28

06/01/06	OPEN POSITION LONG	Security: UNOVA (IN) NB: 25545 ISL: 29,28 M: 2
06/01/06	OPEN POSITION LONG	Security: CIENA (CIEN) NB: 278257 ISL: 2,69 M: 2
06/01/06	OPEN POSITION LONG	Security: ENERGY CONV (ENER) NB: 20790 ISL: 35,98 M: 2
06/01/06	OPEN POSITION LONG	Security: ADV MICRO DEV (AMD) NB: 27677 ISL: 26,95 M: 2
05/01/06	STOP	Security: TALX (TALX - N:20625) New stop @ 41,20 Stop type: ZLS
05/01/06	STOP	Security: DIGITAL INSIGHT CORP (DGIN - N:27528) New stop @ 30,89 Stop type: ZLS
03/01/06	STOP	Security: GOOGLE (GOOG - N:2114) New stop @ 361,95 Stop type: ISL+6
03/01/06	STOP	Security: MEMC ELECTRONIC (WFR - N:38680) New stop @ 19,71 Stop type: ISL+4
03/01/06	STOP	Security: TALX (TALX - N:20625) New stop @ 36,83 Stop type: ISL+6
03/01/06	STOP	Security: Crown Castle International (CCI - N:29513) New stop @ 24,23 Stop type: ISL+5
03/01/06	STOP	Security: aQuantive Inc. (AQNT - N:33921) New stop @ 22,64 Stop type: TSL50+4
03/01/06	STOP	Security: APPLE COMPUTER (AAPL - N:13512) New stop @ 65,27 Stop type: ZLS+4
03/01/06	STOP	Security: T HQ (THQI - N:33907) New stop @ 20,72 Stop type: ISL+5
03/01/06	STOP	Security: Intersil (ISIL - N:33212) New stop @ 22,50 Stop type: ISL+6
03/01/06	STOP	Security: PLEXUS (PLXS - N:43855) New stop @ 19,76 Stop type: ZLS+1
03/01/06	STOP	Security: DIGITAL INSIGHT CORP (DGIN - N:27528) New stop @ 28,41 Stop type: ISL+6
03/01/06	STOP	Security: SBA COMMS CORP (SBAC - N:47559) New stop @ 15,78 Stop type: ISL+4
03/01/06	CLOSE POSITION LONG	Security: BRIGHTPOINT (CELL) NB: 36789 Close rule: StopOnSecurity

10MUS Portfolio Snapshot as of 05/12/30 Dec. 30th

2005-12-31T00:53:00.000-08:00

This is the end of year portfolio snapshot. No change since last update and no action as well. The system had already tightened stops during the period 12th to 15th to maintain drawdown under control. No change as far as world markets are concerned as well.

10MUS Portfolio NAV, Market Expo, DD 05/12/23

2005-12-24T01:45:00.000-08:00

This graph is a daily plot of the reference portfolio with the NAV (displayed in dark blue), Market Exposure (Red), Drawdown (Black) and various MM.

10MUS Portfolio Snapshot as of 05/12/23 Dec. 23rd

2005-12-24T01:35:00.000-08:00

This is the latest update of the 10M USD Reference Portfolio as of Dec 23rd with the list of actions taken since Dec. 17th. The only change noticed in the world markets snapshot is the EXIT SHORT on the SSEC (Shanghai Composite) on Dec. the 20th.

Account general informations
NAV: 11 041 652,72
Market Expo: 13 471 859,30
Open Positions: 15

Actual portfolio (included today actions)
aQuantive Inc. OpenDate: 11/11/2005 NB:33921 STOP: 22,45
GOOGLE OpenDate: 11/11/2005 NB:2114 STOP: 355,34
Redback Networks Inc. OpenDate: 11/11/2005 NB:68375 STOP: 12,34
BRIGHTPOINT OpenDate: 11/11/2005 NB:36789 STOP: 24,22
TALX OpenDate: 11/11/2005 NB:20625 STOP: 35,95
DIGITAL INSIGHT CORP OpenDate: 11/11/2005 NB:27528 STOP: 27,95
Crown Castle International OpenDate: 11/11/2005 NB:29513 STOP: 23,94
APPLE COMPUTER OpenDate: 11/11/2005 NB:13512 STOP: 64,66
Intersil OpenDate: 11/11/2005 NB:33212 STOP: 22,27
PLEXUS OpenDate: 11/11/2005 NB:43855 STOP: 19,54
T HQ OpenDate: 11/11/2005 NB:33907 STOP: 20,51
TRIDENT MICROSYS OpenDate: 06/12/2005 NB:45517 STOP: 15,95
SBA COMMS CORP OpenDate: 06/12/2005 NB:47559 STOP: 15,62
QUALITY SYSTEMS OpenDate: 06/12/2005 NB:10869 STOP: 70,95
MEMC ELECTRONIC OpenDate: 06/12/2005 NB:38680 STOP: 19,48

23/12/05	STOP	Security: PLEXUS (PLXS - N:43855) New stop @ 19,54 Stop type: ZLS
20/12/05	STOP	Security: PLEXUS (PLXS - N:43855) New stop @ 17,95 Stop type: ISL+7
19/12/05	STOP	Security: PLEXUS (PLXS - N:43855) New stop @ 17,79 Stop type: ISL+6

10MUS Portfolio Snapshot as of 05/12/17 Dec. 17th

2005-12-16T23:06:00.000-08:00

This is the latest update of the 10M USD Reference Portfolio as of Dec 17th with the list of actions taken since Dec. 9th.

Account general informations
NAV: 11 004 962,99
Market Expo: 13 432 862,19
Open Positions: 15

Actual portfolio (included today actions)
aQuantive Inc. OpenDate: 11/11/2005 NB:33921 STOP: 22,45
GOOGLE OpenDate: 11/11/2005 NB:2114 STOP: 355,34
Redback Networks Inc. OpenDate: 11/11/2005 NB:68375 STOP: 12,34
BRIGHTPOINT OpenDate: 11/11/2005 NB:36789 STOP: 24,22
TALX OpenDate: 11/11/2005 NB:20625 STOP: 35,95
DIGITAL INSIGHT CORP OpenDate: 11/11/2005 NB:27528 STOP: 27,95
Crown Castle International OpenDate: 11/11/2005 NB:29513 STOP: 23,94
APPLE COMPUTER OpenDate: 11/11/2005 NB:13512 STOP: 64,66
Intersil OpenDate: 11/11/2005 NB:33212 STOP: 22,27
PLEXUS OpenDate: 11/11/2005 NB:43855 STOP: 17,40
T HQ OpenDate: 11/11/2005 NB:33907 STOP: 20,51
TRIDENT MICROSYS OpenDate: 06/12/2005 NB:45517 STOP: 15,95
SBA COMMS CORP OpenDate: 06/12/2005 NB:47559 STOP: 15,62
QUALITY SYSTEMS OpenDate: 06/12/2005 NB:10869 STOP: 70,95
MEMC ELECTRONIC OpenDate: 06/12/2005 NB:38680 STOP: 19,48


16/12/05	STOP	Security: PLEXUS (PLXS - N:43855) New stop @ 17,40 Stop type: ISL+5
16/12/05	STOP	Security: QUALITY SYSTEMS (QSII - N:10869) New stop @ 70,95 Stop type: ISL+4
16/12/05	STOP	Security: Crown Castle International (CCI - N:29513) New stop @ 23,94 Stop type: ISL+4
16/12/05	STOP	Security: Intersil (ISIL - N:33212) New stop @ 22,27 Stop type: ISL+5
16/12/05	STOP	Security: TALX (TALX - N:20625) New stop @ 35,95 Stop type: ISL+5
16/12/05	STOP	Security: GOOGLE (GOOG - N:2114) New stop @ 355,34 Stop type: ISL+5
16/12/05	STOP	Security: DIGITAL INSIGHT CORP (DGIN - N:27528) New stop @ 27,95 Stop type: ISL+5
16/12/05	STOP	Security: T HQ (THQI - N:33907) New stop @ 20,51 Stop type: ISL+4
15/12/05	STOP	Security: Crown Castle International (CCI - N:29513) New stop @ 23,63 Stop type: ISL+3
15/12/05	STOP	Security: QUALITY SYSTEMS (QSII - N:10869) New stop @ 70,29 Stop type: ISL+3
15/12/05	STOP	Security: T HQ (THQI - N:33907) New stop @ 20,26 Stop type: ISL+3
15/12/05	STOP	Security: TALX (TALX - N:20625) New stop @ 35,41 Stop type: ISL+4
15/12/05	STOP	Security: GOOGLE (GOOG - N:2114) New stop @ 348,75 Stop type: ISL+4
15/12/05	STOP	Security: APPLE COMPUTER (AAPL - N:13512) New stop @ 64,66 Stop type: ZLS+3
15/12/05	STOP	Security: BRIGHTPOINT (CELL - N:36789) New stop @ 24,22 Stop type: ZLS+3
15/12/05	STOP	Security: PLEXUS (PLXS - N:43855) New stop @ 16,98 Stop type: ISL+4
15/12/05	STOP	Security: Intersil (ISIL - N:33212) New stop @ 21,91 Stop type: ISL+4
15/12/05	STOP	Security: aQuantive Inc. (AQNT - N:33921) New stop @ 22,45 Stop type: TSL50+3
15/12/05	STOP	Security: DIGITAL INSIGHT CORP (DGIN - N:27528) New stop @ 27,45 Stop type: ISL+4
15/12/05	STOP	Security: SBA COMMS CORP (SBAC - N:47559) New stop @ 15,62 Stop type: ISL+3
15/12/05	STOP	Security: MEMC ELECTRONIC (WFR - N:38680) New stop @ 19,48 Stop type: ISL+3
14/12/05	STOP	Security: DIGITAL INSIGHT CORP (DGIN - N:27528) New stop @ 26,74 Stop type: ISL+3
14/12/05	STOP	Security: SBA COMMS CORP (SBAC - N:47559) New stop @ 15,43 Stop type: ISL+2
14/12/05	STOP	Security: APPLE COMPUTER (AAPL - N:13512) New stop @ 64,28 Stop type: ZLS+2
14/12/05	STOP	Security: BRIGHTPOINT (CELL - N:36789) New stop @ 23,96 Stop type: ZLS+2
14/12/05	STOP	Security: MEMC ELECTRONIC (WFR - N:38680) New stop @ 19,23 Stop type: ISL+2
14/12/05	STOP	Security: Crown Castle International (CCI - N:29513) New stop @ 23,28 Stop type: ISL+2
14/12/05	STOP	Security: GOOGLE (GOOG - N:2114) New stop @ 341,33 Stop type: ISL+3
14/12/05	STOP	Security: T HQ (THQI - N:33907) New stop @ 19,95 Stop type: ISL+2
14/12/05	STOP	Security: Intersil (ISIL - N:33212) New stop @ 21,47 Stop type: ISL+3
14/12/05	STOP	Security: aQuantive Inc. (AQNT - N:33921) New stop @ 22,23 Stop type: TSL50+2
14/12/05	STOP	Security: QUALITY SYSTEMS (QSII - N:10869) New stop @ 69,23 Stop type: ISL+2
14/12/05	STOP	Security: TALX (TALX - N:20625) New stop @ 34,72 Stop type: ISL+3
14/12/05	STOP	Security: PLEXUS (PLXS - N:43855) New stop @ 16,50 Stop type: ISL+3
13/12/05	STOP	Security: aQuantive Inc. (AQNT - N:33921) New stop @ 21,72 Stop type: TSL50
13/12/05	STOP	Security: QUALITY SYSTEMS (QSII - N:10869) New stop @ 67,91 Stop type: ISL+1
13/12/05	STOP	Security: TALX (TALX - N:20625) New stop @ 33,89 Stop type: ISL+2
13/12/05	STOP	Security: TRIDENT MICROSYS (TRID - N:45517) New stop @ 15,95 Stop type: ISL+1
13/12/05	STOP	Security: Intersil (ISIL - N:33212) New stop @ 20,95 Stop type: ISL+2
13/12/05	STOP	Security: aQuantive Inc. (AQNT - N:33921) New stop @ 21,95 Stop type: TSL50+1
13/12/05	STOP	Security: PLEXUS (PLXS - N:43855) New stop @ 15,95 Stop type: ISL+2
13/12/05	STOP	Security: Crown Castle International (CCI - N:29513) New stop @ 22,87 Stop type: ISL+1
13/12/05	STOP	Security: APPLE COMPUTER (AAPL - N:13512) New stop @ 63,87 Stop type: ZLS+1
13/12/05	STOP	Security: T HQ (THQI - N:33907) New stop @ 19,88 Stop type: ISL+1
13/12/05	STOP	Security: GOOGLE (GOOG - N:2114) New stop @ 332,88 Stop type: ISL+2
13/12/05	STOP	Security: BRIGHTPOINT (CELL - N:36789) New stop @ 23,67 Stop type: ZLS+1
13/12/05	STOP	Security: SBA COMMS CORP (SBAC - N:47559) New stop @ 15,21 Stop type: ISL+1
13/12/05	STOP	Security: DIGITAL INSIGHT CORP (DGIN - N:27528) New stop @ 25,90 Stop type: ISL+2
13/12/05	STOP	Security: MEMC ELECTRONIC (WFR - N:38680) New stop @ 18,95 Stop type: ISL+1
12/12/05	STOP	Security: aQuantive Inc. (AQNT - N:33921) New stop @ 21,64 Stop type: TSL50

TEXSOL's World Markets Snapshot 05/12/09

2005-12-15T02:02:00.000-08:00

As of Dec. 9th the TEXSOL system has the following perspective on the markets, the model type indicating whether we rather invest or trade the underlying. SHORT ENRTY always relates to "shorting windows", meaning that the market might have been Bear for quite some time, but we only indicate the last entry point. The difference between NDX and IXIC comes from the model perspective (trading versus investing).

10M USD Portfolio Snapshot as of 05/12/09 Dec. 9th

2005-12-14T02:19:00.000-08:00

It will soon be a year since this account started on the 20th of Dec. 2004 and the market has not been keen with trend followers as the system has been whipsawed in two occasions, leading to cut positions at unfavorable times on 050224 and 051011 as reported hereunder in the overall list of actions. Nevertheless, we end up the year with a 14% return which is not that bad given what has just been said. Overall the system remains LONG of course, and has little leverage so far with a market exposure of 13 645 769 USD for a NAV of 11 219 253 USD as of today. We've had much better performances on the European markets this year, which have been more trendy, and small accounts with no liquidity limitations have gone up to 45% yearly return !

The reference portfolio starting at 10MUSD is of medium size. Smaller account with less liquidity constraints will have more stocks to trade and the system takes advantage of that whereas funds with a NAV > 75M USD have a more limited trading universe though performances remain satisfactory.

I'll keep posting now every week to let the system unfold its trading skills and hopefully this will give some readers food for thougts for their own trading.

10M USD Reference Portfolio as of 05/12/09 Dec. 9th

2005-12-14T02:16:00.000-08:00

Closed trades as of 05/12/09 Dec 9th

2005-12-14T02:12:00.000-08:00

List of actions as of 05/12/09 Dec 9th

2005-12-14T02:11:00.000-08:00

currentDate	actionType	texte
09/12/05	STOP	Security: APPLE COMPUTER (AAPL - N:13512) New stop @ 63,39 Stop type: ZLS
09/12/05	STOP	Security: aQuantive Inc. (AQNT - N:33921) New stop @ 21,55 Stop type: TSL50
08/12/05	STOP	Security: aQuantive Inc. (AQNT - N:33921) New stop @ 21,43 Stop type: TSL50
07/12/05	STOP	Security: aQuantive Inc. (AQNT - N:33921) New stop @ 21,31 Stop type: TSL50
05/12/05	OPEN POSITION LONG	Security: SBA COMMS CORP (SBAC) NB: 47559 ISL: 14,95 M: 2
05/12/05	OPEN POSITION LONG	Security: MEMC ELECTRONIC (WFR) NB: 38680 ISL: 18,64 M: 2
05/12/05	OPEN POSITION LONG	Security: QUALITY SYSTEMS (QSII) NB: 10869 ISL: 66,34 M: 2
05/12/05	STOP	Security: aQuantive Inc. (AQNT - N:33921) New stop @ 20,95 Stop type: TSL50
05/12/05	STOP	Security: Redback Networks Inc. (RBAK - N:68375) New stop @ 12,34 Stop type: ZLS
05/12/05	OPEN POSITION LONG	Security: TRIDENT MICROSYS (TRID) NB: 45517 ISL: 15,84 M: 2
02/12/05	STOP	Security: Intersil (ISIL - N:33212) New stop @ 20,55 Stop type: ISL+1
02/12/05	STOP	Security: APPLE COMPUTER (AAPL - N:13512) New stop @ 50,88 Stop type: ISL+1
02/12/05	STOP	Security: Redback Networks Inc. (RBAK - N:68375) New stop @ 10,34 Stop type: TSL50
02/12/05	STOP	Security: GOOGLE (GOOG - N:2114) New stop @ 323,29 Stop type: ISL+1
02/12/05	STOP	Security: aQuantive Inc. (AQNT - N:33921) New stop @ 20,92 Stop type: TSL50
02/12/05	STOP	Security: PLEXUS (PLXS - N:43855) New stop @ 15,53 Stop type: ISL+1
02/12/05	STOP	Security: DIGITAL INSIGHT CORP (DGIN - N:27528) New stop @ 24,89 Stop type: ISL+1
02/12/05	STOP	Security: TALX (TALX - N:20625) New stop @ 32,95 Stop type: ISL+1
01/12/05	STOP	Security: Redback Networks Inc. (RBAK - N:68375) New stop @ 10,26 Stop type: TSL50
01/12/05	STOP	Security: aQuantive Inc. (AQNT - N:33921) New stop @ 20,77 Stop type: TSL50
30/11/05	STOP	Security: aQuantive Inc. (AQNT - N:33921) New stop @ 20,62 Stop type: TSL50
29/11/05	STOP	Security: aQuantive Inc. (AQNT - N:33921) New stop @ 20,47 Stop type: TSL50
29/11/05	STOP	Security: BRIGHTPOINT (CELL - N:36789) New stop @ 23,37 Stop type: ZLS
28/11/05	STOP	Security: aQuantive Inc. (AQNT - N:33921) New stop @ 20,36 Stop type: TSL50
25/11/05	STOP	Security: aQuantive Inc. (AQNT - N:33921) New stop @ 20,22 Stop type: TSL50
25/11/05	STOP	Security: Redback Networks Inc. (RBAK - N:68375) New stop @ 9,98 Stop type: TSL50
23/11/05	STOP	Security: Redback Networks Inc. (RBAK - N:68375) New stop @ 9,91 Stop type: TSL50
22/11/05	STOP	Security: Redback Networks Inc. (RBAK - N:68375) New stop @ 9,85 Stop type: TSL50
21/11/05	STOP	Security: Redback Networks Inc. (RBAK - N:68375) New stop @ 9,78 Stop type: TSL50
18/11/05	STOP	Security: Redback Networks Inc. (RBAK - N:68375) New stop @ 9,71 Stop type: TSL50
10/11/05	OPEN POSITION LONG	Security: GOOGLE (GOOG) NB: 2114 ISL: 312,88 M: 2
10/11/05	OPEN POSITION LONG	Security: aQuantive Inc. (AQNT) NB: 33921 ISL: 19,50 M: 2
10/11/05	OPEN POSITION LONG	Security: Redback Networks Inc. (RBAK) NB: 68375 ISL: 9,67 M: 2
10/11/05	OPEN POSITION LONG	Security: TALX (TALX) NB: 20625 ISL: 31,95 M: 2
10/11/05	OPEN POSITION LONG	Security: BRIGHTPOINT (CELL) NB: 36789 ISL: 17,98 M: 2
10/11/05	OPEN POSITION LONG	Security: T HQ (THQI) NB: 33907 ISL: 19,50 M: 2
10/11/05	OPEN POSITION LONG	Security: Intersil (ISIL) NB: 33212 ISL: 19,91 M: 2
10/11/05	OPEN POSITION LONG	Security: Crown Castle International (CCI) NB: 29513 ISL: 22,41 M: 2
10/11/05	OPEN POSITION LONG	Security: DIGITAL INSIGHT CORP (DGIN) NB: 27528 ISL: 23,95 M: 2
10/11/05	OPEN POSITION LONG	Security: PLEXUS (PLXS) NB: 43855 ISL: 14,95 M: 2
10/11/05	OPEN POSITION LONG	Security: APPLE COMPUTER (AAPL) NB: 13512 ISL: 48,94 M: 2
11/10/05	CLOSE POSITION LONG	Security: WESTERN DIGITAL (WDC) NB: 54156 Close rule: GC
11/10/05	CLOSE POSITION LONG	Security: AUTO DESK (ADSK) NB: 21367 Close rule: GC
11/10/05	CLOSE POSITION LONG	Security: M-SYS FLASH DIS (FLSH) NB: 30668 Close rule: GC
11/10/05	CLOSE POSITION LONG	Security: NVIDIA (NVDA) NB: 29781 Close rule: GC
11/10/05	CLOSE POSITION LONG	Security: ENERGY CONV (ENER) NB: 25753 Close rule: GC
11/10/05	CLOSE POSITION LONG	Security: Arris Group, Inc. (ARRS) NB: 93086 Close rule: GC
11/10/05	CLOSE POSITION LONG	Security: SANDDISK (SNDK) NB: 22078 Close rule: GC
11/10/05	CLOSE POSITION LONG	Security: MICROSEMI (MSCC) NB: 39065 Close rule: GC
11/10/05	CLOSE POSITION LONG	Security: Emulex Corporation (ELX) NB: 42644 Close rule: GC
11/10/05	CLOSE POSITION LONG	Security: aQuantive Inc. (AQNT) NB: 45130 Close rule: GC
11/10/05	CLOSE POSITION LONG	Security: ACTIVISION (ATVI) NB: 39372 Close rule: GC
11/10/05	CLOSE POSITION LONG	Security: MICROS (MCRS) NB: 18169 Close rule: GC
10/10/05	CLOSE POSITION LONG	Security: LSI LOGIC (LSI) NB: 79448 Close rule: StopOnSecurity
30/09/05	STOP	Security: AUTO DESK (ADSK - N:21367) New stop @ 39,24 Stop type: ZLS
30/09/05	STOP	Security: SANDDISK (SNDK - N:22078) New stop @ 39,95 Stop type: ZLS
29/09/05	STOP	Security: ENERGY CONV (ENER - N:25753) New stop @ 35,23 Stop type: ZLS
27/09/05	STOP	Security: SANDDISK (SNDK - N:22078) New stop @ 35,36 Stop type: ISL+4
27/09/05	STOP	Security: NVIDIA (NVDA - N:29781) New stop @ 28,95 Stop type: ZLS+4
27/09/05	STOP	Security: ACTIVISION (ATVI - N:39372) New stop @ 18,62 Stop type: ISL+4
27/09/05	STOP	Security: AUTO DESK (ADSK - N:21367) New stop @ 35,25 Stop type: TSL200+4
27/09/05	STOP	Security: ENERGY CONV (ENER - N:25753) New stop @ 30,47 Stop type: TSL50+4
27/09/05	STOP	Security: MICROSEMI (MSCC - N:39065) New stop @ 21,95 Stop type: ZLS+2
27/09/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 17,60 Stop type: TSL200+4
27/09/05	STOP	Security: MICROS (MCRS - N:18169) New stop @ 37,95 Stop type: ISL+4
27/09/05	STOP	Security: aQuantive Inc. (AQNT - N:45130) New stop @ 16,72 Stop type: ISL+4
27/09/05	STOP	Security: M-SYS FLASH DIS (FLSH - N:30668) New stop @ 24,24 Stop type: ISL+4
26/09/05	STOP	Security: M-SYS FLASH DIS (FLSH - N:30668) New stop @ 23,95 Stop type: ISL+3
26/09/05	STOP	Security: ENERGY CONV (ENER - N:25753) New stop @ 29,95 Stop type: TSL50+3
26/09/05	STOP	Security: NVIDIA (NVDA - N:29781) New stop @ 28,79 Stop type: ZLS+3
26/09/05	STOP	Security: aQuantive Inc. (AQNT - N:45130) New stop @ 16,49 Stop type: ISL+3
26/09/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 17,30 Stop type: TSL200+3
26/09/05	STOP	Security: ACTIVISION (ATVI - N:39372) New stop @ 18,45 Stop type: ISL+3
26/09/05	STOP	Security: MICROSEMI (MSCC - N:39065) New stop @ 21,82 Stop type: ZLS+1
26/09/05	STOP	Security: SANDDISK (SNDK - N:22078) New stop @ 34,59 Stop type: ISL+3
26/09/05	STOP	Security: MICROS (MCRS - N:18169) New stop @ 37,70 Stop type: ISL+3
26/09/05	STOP	Security: LSI LOGIC (LSI - N:79448) New stop @ 8,63 Stop type: TSL50+3
26/09/05	STOP	Security: MICROSEMI (MSCC - N:39065) New stop @ 21,58 Stop type: ZLS
26/09/05	STOP	Security: AUTO DESK (ADSK - N:21367) New stop @ 34,41 Stop type: TSL200+3
23/09/05	STOP	Security: SANDDISK (SNDK - N:22078) New stop @ 33,72 Stop type: ISL+2
23/09/05	STOP	Security: MICROSEMI (MSCC - N:39065) New stop @ 18,64 Stop type: TSL200+2
23/09/05	STOP	Security: MICROS (MCRS - N:18169) New stop @ 37,22 Stop type: ISL+2
23/09/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 16,95 Stop type: TSL200+2
23/09/05	STOP	Security: ENERGY CONV (ENER - N:25753) New stop @ 29,48 Stop type: TSL50+2
23/09/05	STOP	Security: LSI LOGIC (LSI - N:79448) New stop @ 8,57 Stop type: TSL50+2
23/09/05	STOP	Security: AUTO DESK (ADSK - N:21367) New stop @ 33,44 Stop type: TSL200+2
23/09/05	STOP	Security: M-SYS FLASH DIS (FLSH - N:30668) New stop @ 23,67 Stop type: ISL+2
23/09/05	STOP	Security: aQuantive Inc. (AQNT - N:45130) New stop @ 16,24 Stop type: ISL+2
23/09/05	STOP	Security: NVIDIA (NVDA - N:29781) New stop @ 28,54 Stop type: ZLS+2
23/09/05	STOP	Security: ACTIVISION (ATVI - N:39372) New stop @ 18,23 Stop type: ISL+2
22/09/05	STOP	Security: MICROSEMI (MSCC - N:39065) New stop @ 17,85 Stop type: TSL200+1
22/09/05	STOP	Security: SANDDISK (SNDK - N:22078) New stop @ 32,75 Stop type: ISL+1
22/09/05	STOP	Security: ENERGY CONV (ENER - N:25753) New stop @ 28,90 Stop type: TSL50+1
22/09/05	STOP	Security: ENERGY CONV (ENER - N:25753) New stop @ 28,28 Stop type: TSL50
22/09/05	STOP	Security: AUTO DESK (ADSK - N:21367) New stop @ 32,32 Stop type: TSL200+1
22/09/05	CLOSE POSITION LONG	Security: TRIDENT MICROSYS (TRID) NB: 28525 Close rule: StopOnSecurity
22/09/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 16,74 Stop type: TSL200+1
22/09/05	STOP	Security: aQuantive Inc. (AQNT - N:45130) New stop @ 15,95 Stop type: ISL+1
22/09/05	STOP	Security: NVIDIA (NVDA - N:29781) New stop @ 28,26 Stop type: ZLS+1
22/09/05	STOP	Security: LSI LOGIC (LSI - N:79448) New stop @ 8,49 Stop type: TSL50+1
22/09/05	STOP	Security: MICROSEMI (MSCC - N:39065) New stop @ 16,92 Stop type: TSL200
22/09/05	STOP	Security: M-SYS FLASH DIS (FLSH - N:30668) New stop @ 23,28 Stop type: ISL+1
22/09/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 16,25 Stop type: TSL200
22/09/05	STOP	Security: ACTIVISION (ATVI - N:39372) New stop @ 17,95 Stop type: ISL+1
22/09/05	STOP	Security: MICROS (MCRS - N:18169) New stop @ 36,60 Stop type: ISL+1
21/09/05	STOP	Security: ENERGY CONV (ENER - N:25753) New stop @ 27,95 Stop type: TSL50
21/09/05	STOP	Security: MICROSEMI (MSCC - N:39065) New stop @ 16,89 Stop type: TSL200
21/09/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 16,23 Stop type: TSL200
20/09/05	STOP	Security: MICROSEMI (MSCC - N:39065) New stop @ 16,86 Stop type: TSL200
20/09/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 16,22 Stop type: TSL200
20/09/05	STOP	Security: ENERGY CONV (ENER - N:25753) New stop @ 27,75 Stop type: TSL50
19/09/05	CLOSE POSITION LONG	Security: Ixia (XXIA) NB: 43463 Close rule: TechnicalAnalysis
19/09/05	STOP	Security: MICROSEMI (MSCC - N:39065) New stop @ 16,84 Stop type: TSL200
16/09/05	STOP	Security: Ixia (XXIA - N:43463) New stop @ 15,63 Stop type: TSL200
16/09/05	STOP	Security: AUTO DESK (ADSK - N:21367) New stop @ 30,98 Stop type: TSL200
16/09/05	STOP	Security: MICROSEMI (MSCC - N:39065) New stop @ 16,81 Stop type: TSL200
15/09/05	STOP	Security: MICROSEMI (MSCC - N:39065) New stop @ 16,78 Stop type: TSL200
15/09/05	STOP	Security: Ixia (XXIA - N:43463) New stop @ 15,62 Stop type: TSL200
15/09/05	STOP	Security: AUTO DESK (ADSK - N:21367) New stop @ 30,93 Stop type: TSL200
14/09/05	STOP	Security: AUTO DESK (ADSK - N:21367) New stop @ 30,89 Stop type: TSL200
14/09/05	STOP	Security: MICROSEMI (MSCC - N:39065) New stop @ 16,75 Stop type: TSL200
14/09/05	STOP	Security: Ixia (XXIA - N:43463) New stop @ 15,61 Stop type: TSL200
13/09/05	STOP	Security: NVIDIA (NVDA - N:29781) New stop @ 27,95 Stop type: ZLS
13/09/05	STOP	Security: MICROSEMI (MSCC - N:39065) New stop @ 16,72 Stop type: TSL200
13/09/05	OPEN POSITION LONG	Security: aQuantive Inc. (AQNT) NB: 45130 ISL: 15,80 M: 2
13/09/05	STOP	Security: AUTO DESK (ADSK - N:21367) New stop @ 30,84 Stop type: TSL200
13/09/05	STOP	Security: Ixia (XXIA - N:43463) New stop @ 15,60 Stop type: TSL200
12/09/05	STOP	Security: NVIDIA (NVDA - N:29781) New stop @ 22,88 Stop type: TSL200
12/09/05	STOP	Security: MICROSEMI (MSCC - N:39065) New stop @ 16,69 Stop type: TSL200
12/09/05	STOP	Security: AUTO DESK (ADSK - N:21367) New stop @ 30,79 Stop type: TSL200
12/09/05	STOP	Security: Ixia (XXIA - N:43463) New stop @ 15,59 Stop type: TSL200
09/09/05	STOP	Security: Ixia (XXIA - N:43463) New stop @ 15,57 Stop type: TSL200
09/09/05	STOP	Security: AUTO DESK (ADSK - N:21367) New stop @ 30,74 Stop type: TSL200
09/09/05	STOP	Security: NVIDIA (NVDA - N:29781) New stop @ 22,82 Stop type: TSL200
08/09/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 15,96 Stop type: TSL200
08/09/05	STOP	Security: Ixia (XXIA - N:43463) New stop @ 15,55 Stop type: TSL200
08/09/05	STOP	Security: AUTO DESK (ADSK - N:21367) New stop @ 30,69 Stop type: TSL200
08/09/05	STOP	Security: NVIDIA (NVDA - N:29781) New stop @ 22,77 Stop type: TSL200
07/09/05	OPEN POSITION LONG	Security: SANDDISK (SNDK) NB: 22078 ISL: 31,67 M: 2
07/09/05	STOP	Security: AUTO DESK (ADSK - N:21367) New stop @ 30,64 Stop type: TSL200
07/09/05	STOP	Security: Ixia (XXIA - N:43463) New stop @ 15,53 Stop type: TSL200
07/09/05	STOP	Security: NVIDIA (NVDA - N:29781) New stop @ 22,71 Stop type: TSL200
07/09/05	OPEN POSITION LONG	Security: ACTIVISION (ATVI) NB: 39372 ISL: 17,76 M: 2
07/09/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 15,93 Stop type: TSL200
07/09/05	OPEN POSITION LONG	Security: ENERGY CONV (ENER) NB: 25753 ISL: 26,95 M: 2
07/09/05	OPEN POSITION LONG	Security: M-SYS FLASH DIS (FLSH) NB: 30668 ISL: 22,80 M: 2
06/09/05	STOP	Security: Ixia (XXIA - N:43463) New stop @ 15,50 Stop type: TSL200
06/09/05	STOP	Security: NVIDIA (NVDA - N:29781) New stop @ 22,65 Stop type: TSL200
06/09/05	STOP	Security: AUTO DESK (ADSK - N:21367) New stop @ 30,58 Stop type: TSL200
06/09/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 15,88 Stop type: TSL200
02/09/05	STOP	Security: Ixia (XXIA - N:43463) New stop @ 15,48 Stop type: TSL200
02/09/05	STOP	Security: NVIDIA (NVDA - N:29781) New stop @ 22,60 Stop type: TSL200
02/09/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 15,84 Stop type: TSL200
02/09/05	STOP	Security: AUTO DESK (ADSK - N:21367) New stop @ 30,52 Stop type: TSL200
01/09/05	STOP	Security: NVIDIA (NVDA - N:29781) New stop @ 22,55 Stop type: TSL200
01/09/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 15,81 Stop type: TSL200
01/09/05	CLOSE POSITION LONG	Security: Komag, Incorporated (KOMG) NB: 28569 Close rule: StopOnSecurity
01/09/05	STOP	Security: Ixia (XXIA - N:43463) New stop @ 15,45 Stop type: TSL200
31/08/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 15,77 Stop type: TSL200
31/08/05	STOP	Security: Ixia (XXIA - N:43463) New stop @ 15,43 Stop type: TSL200
31/08/05	STOP	Security: NVIDIA (NVDA - N:29781) New stop @ 22,49 Stop type: TSL200
30/08/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 15,73 Stop type: TSL200
30/08/05	STOP	Security: LSI LOGIC (LSI - N:79448) New stop @ 8,40 Stop type: TSL50
30/08/05	STOP	Security: NVIDIA (NVDA - N:29781) New stop @ 22,44 Stop type: TSL200
30/08/05	STOP	Security: Ixia (XXIA - N:43463) New stop @ 15,40 Stop type: TSL200
29/08/05	STOP	Security: NVIDIA (NVDA - N:29781) New stop @ 22,39 Stop type: TSL200
29/08/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 15,69 Stop type: TSL200
29/08/05	STOP	Security: Ixia (XXIA - N:43463) New stop @ 15,38 Stop type: TSL200
29/08/05	STOP	Security: Komag, Incorporated (KOMG - N:28569) New stop @ 31,44 Stop type: TSL50
26/08/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 15,65 Stop type: TSL200
26/08/05	STOP	Security: NVIDIA (NVDA - N:29781) New stop @ 22,34 Stop type: TSL200
26/08/05	STOP	Security: Komag, Incorporated (KOMG - N:28569) New stop @ 31,31 Stop type: TSL50
26/08/05	STOP	Security: Ixia (XXIA - N:43463) New stop @ 15,36 Stop type: TSL200
25/08/05	STOP	Security: Ixia (XXIA - N:43463) New stop @ 15,34 Stop type: TSL200
25/08/05	STOP	Security: NVIDIA (NVDA - N:29781) New stop @ 22,29 Stop type: TSL200
25/08/05	CLOSE POSITION LONG	Security: aQuantive Inc. (AQNT) NB: 49671 Close rule: StopOnSecurity
25/08/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 15,61 Stop type: TSL200
24/08/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 15,57 Stop type: TSL200
24/08/05	STOP	Security: NVIDIA (NVDA - N:29781) New stop @ 22,23 Stop type: TSL200
24/08/05	STOP	Security: Ixia (XXIA - N:43463) New stop @ 15,32 Stop type: TSL200
24/08/05	STOP	Security: Komag, Incorporated (KOMG - N:28569) New stop @ 30,95 Stop type: TSL50
23/08/05	STOP	Security: Ixia (XXIA - N:43463) New stop @ 15,29 Stop type: TSL200
23/08/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 15,66 Stop type: TSL50
23/08/05	STOP	Security: Komag, Incorporated (KOMG - N:28569) New stop @ 30,86 Stop type: TSL50
23/08/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 15,53 Stop type: TSL200
22/08/05	STOP	Security: Ixia (XXIA - N:43463) New stop @ 15,27 Stop type: TSL200
22/08/05	STOP	Security: Komag, Incorporated (KOMG - N:28569) New stop @ 30,67 Stop type: TSL50
22/08/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 15,49 Stop type: TSL200
19/08/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 15,65 Stop type: TSL50
19/08/05	STOP	Security: Ixia (XXIA - N:43463) New stop @ 15,25 Stop type: TSL200
19/08/05	STOP	Security: Komag, Incorporated (KOMG - N:28569) New stop @ 30,47 Stop type: TSL50
19/08/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 15,45 Stop type: TSL200
18/08/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 15,64 Stop type: TSL50
18/08/05	STOP	Security: Ixia (XXIA - N:43463) New stop @ 15,23 Stop type: TSL200
18/08/05	STOP	Security: Komag, Incorporated (KOMG - N:28569) New stop @ 30,29 Stop type: TSL50
18/08/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 15,41 Stop type: TSL200
18/08/05	STOP	Security: NVIDIA (NVDA - N:29781) New stop @ 21,95 Stop type: TSL200
17/08/05	STOP	Security: NVIDIA (NVDA - N:29781) New stop @ 21,94 Stop type: TSL200
17/08/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 15,62 Stop type: TSL50
17/08/05	STOP	Security: Komag, Incorporated (KOMG - N:28569) New stop @ 29,95 Stop type: TSL50
17/08/05	STOP	Security: Ixia (XXIA - N:43463) New stop @ 15,21 Stop type: TSL200
17/08/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 15,37 Stop type: TSL200
16/08/05	STOP	Security: Komag, Incorporated (KOMG - N:28569) New stop @ 29,89 Stop type: TSL50
16/08/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 15,33 Stop type: TSL200
15/08/05	STOP	Security: Komag, Incorporated (KOMG - N:28569) New stop @ 29,69 Stop type: TSL50
15/08/05	STOP	Security: Emulex Corporation (ELX - N:42644) New stop @ 15,29 Stop type: TSL200
15/08/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 15,60 Stop type: TSL50
12/08/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 15,57 Stop type: TSL50
12/08/05	STOP	Security: Komag, Incorporated (KOMG - N:28569) New stop @ 29,50 Stop type: TSL50
11/08/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 15,55 Stop type: TSL50
10/08/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 15,52 Stop type: TSL50
09/08/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 15,50 Stop type: TSL50
08/08/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 15,49 Stop type: TSL50
05/08/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 15,46 Stop type: TSL50
04/08/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 15,42 Stop type: TSL50
03/08/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 15,38 Stop type: TSL50
02/08/05	STOP	Security: TRIDENT MICROSYS (TRID - N:28525) New stop @ 29,39 Stop type: ZLS
02/08/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 15,34 Stop type: TSL50
01/08/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 15,27 Stop type: TSL50
28/07/05	STOP	Security: Arris Group, Inc. (ARRS - N:93086) New stop @ 8,95 Stop type: ZLS
25/07/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 14,96 Stop type: TSL50
22/07/05	OPEN POSITION LONG	Security: TRIDENT MICROSYS (TRID) NB: 28525 ISL: 22,66 M: 2
22/07/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 14,92 Stop type: TSL50
21/07/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 14,87 Stop type: TSL50
20/07/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 14,80 Stop type: TSL50
19/07/05	STOP	Security: Komag, Incorporated (KOMG - N:28569) New stop @ 29,36 Stop type: ZLS
19/07/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 14,73 Stop type: TSL50
18/07/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 14,65 Stop type: TSL50
15/07/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 14,57 Stop type: TSL50
14/07/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 14,50 Stop type: TSL50
13/07/05	OPEN POSITION LONG	Security: LSI LOGIC (LSI) NB: 79448 ISL: 8,38 M: 2
13/07/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 14,42 Stop type: TSL50
12/07/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 14,33 Stop type: TSL50
11/07/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 14,23 Stop type: TSL50
07/07/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 13,95 Stop type: TSL50
06/07/05	CLOSE POSITION LONG	Security: MACROMEDIA (MACR) NB: 18382 Close rule: StopOnSecurity
06/07/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 13,92 Stop type: TSL50
05/07/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 13,84 Stop type: TSL50
01/07/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 13,76 Stop type: TSL50
30/06/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 13,68 Stop type: TSL50
29/06/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 13,59 Stop type: TSL50
28/06/05	STOP	Security: aQuantive Inc. (AQNT - N:49671) New stop @ 13,51 Stop type: TSL50
23/06/05	CLOSE POSITION LONG	Security: NOVATEL INC (NGPS) NB: 34734 Close rule: StopOnSecurity
13/06/05	OPEN POSITION LONG	Security: aQuantive Inc. (AQNT) NB: 49671 ISL: 13,42 M: 2
10/06/05	STOP	Security: NOVATEL INC (NGPS - N:34734) New stop @ 23,95 Stop type: ZLS
01/06/05	OPEN POSITION LONG	Security: NOVATEL INC (NGPS) NB: 34734 ISL: 18,76 M: 2
01/06/05	OPEN POSITION LONG	Security: Komag, Incorporated (KOMG) NB: 28569 ISL: 22,81 M: 2
01/06/05	OPEN POSITION LONG	Security: WESTERN DIGITAL (WDC) NB: 54156 ISL: 11,95 M: 2
01/06/05	OPEN POSITION LONG	Security: MICROS (MCRS) NB: 18169 ISL: 35,86 M: 2
01/06/05	OPEN POSITION LONG	Security: MICROSEMI (MSCC) NB: 39065 ISL: 16,68 M: 2
01/06/05	OPEN POSITION LONG	Security: Emulex Corporation (ELX) NB: 42644 ISL: 15,28 M: 2
01/06/05	OPEN POSITION LONG	Security: MACROMEDIA (MACR) NB: 18382 ISL: 35,45 M: 2
01/06/05	OPEN POSITION LONG	Security: NVIDIA (NVDA) NB: 29781 ISL: 21,88 M: 2
01/06/05	OPEN POSITION LONG	Security: Ixia (XXIA) NB: 43463 ISL: 14,99 M: 2
01/06/05	OPEN POSITION LONG	Security: AUTO DESK (ADSK) NB: 21367 ISL: 30,50 M: 2
01/06/05	OPEN POSITION LONG	Security: Arris Group, Inc. (ARRS) NB: 93086 ISL: 6,95 M: 2
24/02/05	CLOSE POSITION LONG	Security: COMTECH TELECOM (CMTL) NB: 22045 Close rule: GC
24/02/05	CLOSE POSITION LONG	Security: America Movil SA (AMX) NB: 15785 Close rule: GC
24/02/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 43,51 Stop type: TSL50
24/02/05	CLOSE POSITION LONG	Security: Marvell Technology Group (MRVL) NB: 23121 Close rule: GC
24/02/05	CLOSE POSITION LONG	Security: F5 NETWORKS INC (FFIV) NB: 17087 Close rule: GC
24/02/05	CLOSE POSITION LONG	Security: NCR (NCR) NB: 23324 Close rule: GC
24/02/05	CLOSE POSITION LONG	Security: TIBCO SOFTWARE INC (TIBX) NB: 68966 Close rule: GC
24/02/05	CLOSE POSITION LONG	Security: NETWK APPLIANCE (NTAP) NB: 23399 Close rule: GC
24/02/05	CLOSE POSITION LONG	Security: Alamosa Holdings, Inc. (APCS.O) NB: 65359 Close rule: GC
23/02/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 43,30 Stop type: TSL50
18/02/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 42,96 Stop type: TSL50
17/02/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 42,80 Stop type: TSL50
16/02/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 42,64 Stop type: TSL50
15/02/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 42,44 Stop type: TSL50
14/02/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 42,22 Stop type: TSL50
11/02/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 41,96 Stop type: TSL50
11/02/05	CLOSE POSITION LONG	Security: ACTIVISION (ATVI) NB: 42150 Close rule: StopOnSecurity
10/02/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 41,77 Stop type: TSL50
09/02/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 41,60 Stop type: TSL50
08/02/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 41,46 Stop type: TSL50
07/02/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 41,27 Stop type: TSL50
02/02/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 40,95 Stop type: TSL50
02/02/05	STOP	Security: ACTIVISION (ATVI - N:42150) New stop @ 19,55 Stop type: ZLS
01/02/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 40,93 Stop type: TSL50
31/01/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 40,86 Stop type: TSL50
28/01/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 40,75 Stop type: TSL50
27/01/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 40,66 Stop type: TSL50
26/01/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 40,57 Stop type: TSL50
25/01/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 40,44 Stop type: TSL50
24/01/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 40,33 Stop type: TSL50
21/01/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 40,22 Stop type: TSL50
20/01/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 39,95 Stop type: TSL50
19/01/05	STOP	Security: COMTECH TELECOM (CMTL - N:22045) New stop @ 29,99 Stop type: TSL50
18/01/05	STOP	Security: COMTECH TELECOM (CMTL - N:22045) New stop @ 29,94 Stop type: TSL50
14/01/05	STOP	Security: COMTECH TELECOM (CMTL - N:22045) New stop @ 29,88 Stop type: TSL50
13/01/05	STOP	Security: COMTECH TELECOM (CMTL - N:22045) New stop @ 29,86 Stop type: TSL50
12/01/05	STOP	Security: COMTECH TELECOM (CMTL - N:22045) New stop @ 29,84 Stop type: TSL50
11/01/05	STOP	Security: COMTECH TELECOM (CMTL - N:22045) New stop @ 29,83 Stop type: TSL50
10/01/05	STOP	Security: COMTECH TELECOM (CMTL - N:22045) New stop @ 29,82 Stop type: TSL50
10/01/05	CLOSE POSITION LONG	Security: XM SATELLITE RADIO INC (XMSR) NB: 19975 Close rule: StopOnSecurity
07/01/05	CLOSE POSITION LONG	Security: Jupitermedia Corporation (JUPM) NB: 41819 Close rule: StopOnSecurity
07/01/05	STOP	Security: COMTECH TELECOM (CMTL - N:22045) New stop @ 29,76 Stop type: TSL50
06/01/05	STOP	Security: COMTECH TELECOM (CMTL - N:22045) New stop @ 29,68 Stop type: TSL50
05/01/05	STOP	Security: COMTECH TELECOM (CMTL - N:22045) New stop @ 29,59 Stop type: TSL50
05/01/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 39,48 Stop type: TSL50
04/01/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 39,42 Stop type: TSL50
04/01/05	STOP	Security: COMTECH TELECOM (CMTL - N:22045) New stop @ 29,50 Stop type: TSL50
03/01/05	STOP	Security: COMTECH TELECOM (CMTL - N:22045) New stop @ 29,42 Stop type: TSL50
03/01/05	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 39,35 Stop type: TSL50
31/12/04	STOP	Security: COMTECH TELECOM (CMTL - N:22045) New stop @ 29,29 Stop type: TSL50
31/12/04	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 39,22 Stop type: TSL50
30/12/04	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 38,95 Stop type: TSL50
29/12/04	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 38,83 Stop type: TSL50
28/12/04	STOP	Security: F5 NETWORKS INC (FFIV - N:17087) New stop @ 38,64 Stop type: TSL50
28/12/04	STOP	Security: Jupitermedia Corporation (JUPM - N:41819) New stop @ 19,66 Stop type: ZLS
20/12/04	OPEN POSITION LONG	Security: America Movil SA (AMX) NB: 15785 ISL: 40,54 M: 2
20/12/04	OPEN POSITION LONG	Security: NCR (NCR) NB: 11662 ISL: 54,88 M: 2
20/12/04	OPEN POSITION LONG	Security: Marvell Technology Group (MRVL) NB: 23121 ISL: 27,68 M: 2
20/12/04	OPEN POSITION LONG	Security: Alamosa Holdings, Inc. (APCS.O) NB: 65359 ISL: 9,79 M: 2
20/12/04	OPEN POSITION LONG	Security: NETWK APPLIANCE (NTAP) NB: 23399 ISL: 27,35 M: 2
20/12/04	OPEN POSITION LONG	Security: F5 NETWORKS INC (FFIV) NB: 17087 ISL: 37,46 M: 2
20/12/04	OPEN POSITION LONG	Security: COMTECH TELECOM (CMTL) NB: 22045 ISL: 28,95 M: 2
20/12/04	OPEN POSITION LONG	Security: ACTIVISION (ATVI) NB: 42150 ISL: 14,95 M: 2
20/12/04	OPEN POSITION LONG	Security: TIBCO SOFTWARE INC (TIBX) NB: 68966 ISL: 9,28 M: 2
20/12/04	OPEN POSITION LONG	Security: Jupitermedia Corporation (JUPM) NB: 41819 ISL: 15,30 M: 2
20/12/04	OPEN POSITION LONG	Security: XM SATELLITE RADIO INC (XMSR) NB: 19975 ISL: 31,95 M: 2