August ’07 Results
Statistics:
Period GIEW Nasdaq S&P500 Dow30 Wil5K
Aug-07 -1.0% 2.0% 1.3% 1.1% 1.1%
YTD-07 4.3% 7.5% 3.9% 7.2% 4.1%
12 mo. 4.5% 18.9% 13.1% 17.4% 13.7%
Life 49.4% -12.5% 8.1% 24.5% 19.3%
vs Lo 258.7% 121.5% 80.8% 75.9% 91.0%
vs Hi -5.7% -44.7% -3.7% -2.0% -4.0%
Stock Value 73.4%
Cash Reserve 26.6%
Transactions:
Sold ADBL
Bought ADBL
Bought SYMC
Sold TIVO
Bought PLUG
Bought TIVO
Bought CTXS
Bought XRTX
Sold BYI
Sold BYI
Sold CTXS
Bought YHOO
Bought ABP
Bought CWTR
Comments:
Well, August wasn’t much to write home about, but GIEW certainly had a few exciting days! The 2 Sells on BYI on 2 consecutive days still implies that there are opportunities out there. In addition, having had Buy/Sell or Sell/Buy cycles on ADBL, TIVO and CTXS is an indicator (I think) that uncertainty and therefore volatility continue to dog the market. I have no idea if this kind of behavior marks a bottom or a pause or whatever. But I’m sure glad I have my AIM roadmap handy!
Have a great month!