Replies to post #9258 on FinancialAdvisor's College Class (FACC)

[FinancialAdvisor]

*Paper Trading 101 'Million Dollar' Portfolio Update...
( P.T. 101 "LONG" only portfolio, yes! it's possible to have fun with a bear-market & I'll show you how! )

Total Account Value: $1,042,515 (+4.25% since 05/17/2005 inception/+7.35% since last update on 05/26)
Total Cash Available: $111,515

Current Holdings @ 07.01 closing prices:
USPIX: 50000 @ 18.62 = $931,000
TOTAL HOLDINGS: $931,000


*Current thoughts: Not much to say which already isn't in the archives, I still believe the USPIX position is the best & most liquid position in this market for bears. I also still believe a period is now closer then ever where many equities will decline in unison, and when I say many, I mean 95% or more! Of course there will be good buys on the dips and the "men will be seperated from the boys," but besides that, those wishing to make money on the way down via a portfolio structured such as this should look no farther then what I've been hyping all along and that is a bear fund such as USPIX.


Trades Log:
07.03.2005 - TOTAL cash available to this point: $111,515
06.23.2005 - sold SVA: 10000 @ $2.60 = (+)$26,000 - $10 (+$25,990) #msg-6770265
06.02.2005 - bought USPIX: 15000 @ $16.77 = (-)$251,550 + $10 (-$251,560) #msg-6551798
05.26.2005 - bought SVA: 5000 @ $1.92 = (-)$9,600 + $10 (-$9,610) #msg-6486090
05.26.2005 - bought SVA: 5000 @ $2.04 = (-)$10,200 + $10 (-$10,210) #msg-6480146
05.26.2005 - TOTAL cash availabe to this point: $356,905 with thoughts #msg-6477772
05.25.2005 - sold GBN: 6000 @ $.86 = (+)$5,160 - $10 (+5,150) #msg-6467513
05.25.2005 - sold GRZ: 11000 @ $2.91 = (+)$32,010 - $10 (+$32,000) #msg-6467378
05.23.2005 - sold PRCS: 10000 @ $.69 = (+)$6,900 - $10 (+$6,890) #msg-6443816
05.23.2005 - bought USPIX: 15000 @ 17.50 = (-)$262,500 + $10 (-$262,510) #msg-6441631
05.23.2005 - sold BCGI: 5000 @ $1.92 = (+)$9,600 - $10 (+$9,590) #msg-6439207
05.21.2005 - TOTAL cash avilable to this point: $565,785 with thoughts #msg-6425983
05.18.2005 - bought BCGI: 5000 @ 5.13 = (-)$25,650 + $10 #msg-6389526
05.18.2005 - bought GBN: 6000 @ .82 = (-)$4,920 + $10 #msg-6388340
05.18.2005 - bought USPIX: 17500 @ 18.10 = (-)$316,750 + $10 #msg-6388007
05.18.2005 - bought GRZ: 11000 @ 3.06 = (-)$33,660 + $10 #msg-6387279
05.17.2005 - bought PRCS: 10000 @ .675 = (-)$6,750 + $10 #msg-6373442
05.17.2005 - bought USPIX: 2500 @ 18.57 = (-)$46,425 + $10 #msg-6373149


*05.17.2005 - Rules of engagement for the 'Million Dollar' "LONG ONLY" portfolio: #msg-6366911