I Jumped The Gun

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July 21, 2006

Well I definitely jumped the gun in my own system. I never had the buy signal and I should have kept my portfolio short  and should STILL be short with these stocks:

http://www.stockrake.com/covering-the-beta-portfolio-today~2006~06.html

I expect the real buy signal, the one I was supposed to wait for, to turn next week, but my expectations and what I should wait for are never equal. Lesson learned.

On another portfolio note, the second Beta Portfolio, which is a 1 year hold portfolio, is down big, but this ok in backtesting and I don’t want to really watch it on a daily basis. Set it and forget it the gains are quite nice.


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