Hi CanRay,
I had mentioned to Tom in a post about 3 weeks ago the action had dried up over here in the pocket change portfolio... Thanks for the congrats, that is a nice return for sure... I'm also down over 26% from my April highs though... Long story short, when I had wrote earlier in the month there wasn't much action over here, which in other words I'm saying liquidity was drying up fast in some of my lesser known stocks... I believe yesterday about 2pm-ish more than half of my original list from January had yet to trade one share, with fairly large bid/ ask gaps... I noted to myself a month ago, with liquidity gone, "Do I really want to build larger positions in my losers"? Ummmmmmm no I don't and I didn't... So with the run ups in my winners, I sold and then liquidated the losers too... Avg at Risk is skewed a bit as some of my bank holdings went over into margin a few months back... All in all a good ride and a interesting one... Now that I'm reset and reloaded I'll have to pick something else out of the pile... Just as a side note, the ten year breaking below 1.50% is insane, and there's talking heads on the tube saying we might see it under 1.00% by fall... Best regards, Ken
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