The fourth test is done and a very good though mixed week this time. Again, no stops, sells, or limits. The five picks averaged -0.12% gain in this market.
CRNT closed up 10.8% and PPC closed up 2.763% over the five day trade period.
Here is the final tally:
CRNT closed at 17.85 up 10.8%
PNR closed at 32.63 down 0.73%
SIVB closed at 47.08 up 0.08%
PPC closed at 35.25 up 2.76%
WNR closed at 41.77 down 13.52%
Here is where stops would have helped as most traders would have closed WNR much earlier which would have given a very positive week. But I am running these from near close to close for data.
I’ll run another set of five day picks tomorrow.
Cumulative Scorecard (four periods)
Closed up for the period: 11
Closed down for the period: 7
Broke even for the period: 2
Note: Of the nine stocks that did not have a gain or break even, all were in positive territory at some point during the time period.
Wednesday, September 26, 2007
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