11/29/2010 0 Comments **Technical Difficulties**I am experiencing issues posting the updated portion of the Vine strategy to the website. Items of note are that I sold 200 shares of the 3rd segment. Below is the entry, chart will follow when the site is back up.
Staying in the current vine segments has been a bumpy ride over the past few months but has paid off. By doing so the Vine strategy has been consistently above the market returns throughout the almost year span that the strategy has been open. While greater returns could have been achieved by more active investors it is important to understand that this strategy is not short term oriented and yet has still produced returns well above the market and possibly any active funds that didn’t play the market swings exactly to key. As you can see from the difference in the active return to the portfolio return I have taken 200 shares of EWG at a profit adding $566.00 to the cash position in the 3rd segment. I feel that the 3rd segment is at most risk in the near term due to the increased troubles in the euro zone. I felt that the German export segment would continue to strengthen from the weak euro however I didn’t anticipate the correlation between the EWG’s euro denominated holdings to swing that wildly to the currency. While the correlation is positive now it will make it more difficult to move into the 4th segment of the Vine knowing that the two are this much correlated. So that left me with the decision to either move the front portion of the strategy which is acceptable or to take the profits from the strategy as a whole and close this Vine.
0 Comments
Leave a Reply. |
Archives
June 2020
CategoriesAll Chinese Debt Commodities European Disunity Inflation Policy US Earnings |