The Average Investor's Blog

A software developer view on the markets

The Weekly Update

Posted by The Average Investor on Nov 14, 2010

A nasty week! It looks like the market might be (finally) turning around. One of my positions, the US REIT, dropped more than 4% on a single day. Regardless of the severe pullback, there are no changes to the positions.

Asset Symbol Position Date In Gain
Nasdaq 100 ^NDX Long 2010-09-03 14.31%
Emerging Markets EEM Long 2010-07-23 12.78%
US REIT VNQ Long 2010-07-23 8.93%
S&P 500 ^GSPC Long 2010-09-30 5.08%

On the bright side, a contrarian strategy I have been researching gave a sell signal on S&P 500 on the close of Monday. Quite satisfied with the performance so far – closing the trade on Monday close latest.

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