Friday, February 5, 2010

Ocean Portfolio is in cash as of Friday closed

It's been a pretty tough 2 weeks for the Ocean, TSP and Traders Pick Portfolios. All selected ETFs finally hit the protective stop loss targets and were sold out. The Ocean Portfolio is in 100% cash now but after a total loss of 9.14% when I began tracking on 12/11/2009. The other two portfolios were not doing that well either. But with stop loss already established, the damage could be control in a reasonable manner. 

Well, I will wait for the next entry point to get back in. It really doesn't matter either its a Long or Short as long as the trend is established noticeably with the moving averages.  Have a nice weekend.

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