100K to 133.14159K in 361 Days

Ah. When I saw "no trade" yesterday I didn't stop and think that you maintained your short (SOPIX) from Monday. Good job not getting whipped around!

 

Unfortunately, relative strength in tech was a thorn in my side today.

 

2/4/09: +0.37%

 

Trades for Friday:
A) No trade.
B) No trade.
C) Close long. $9000 to SPPIX(short).

 

2/5/09: -0.39%

 

Why mutual funds rather than ETFs? Aside from the relative illiquidity, isn't there some kind of regulatory issue with rapidly moving into and out of mutual funds?

 

He wants to have his pi and eat it too.

+-*/ Math_Wiz

 

No real reason. I set this up as an end of day journal - so mutual funds seemed to be a logical choice.

This is Profunds' statement on using their funds for frquent trading: "Since its inception, ProFunds’ policy has been to permit exchanges among ProFunds with no upper limit on size or frequency and no transaction fees. These flexible exchange policies apply to all shareholders, not to only a select few, and are fully disclosed in the prospectus.

ProFunds’ indexed mutual fund portfolios were designed to accommodate frequent trading and large movements of assets in and out of the ProFunds. ProFunds seeks to invest cash flows on a daily basis in order to remain fully invested and minimize the impact of frequent trading."

 

Trades for Monday:
A) close short. $30K to OTPIX (long).
B) No trade.
C) close short.

 

Week 5 Results:
Account A:
Return: -4.13%
^NDX: +8.24%
Account B:
Return: +2.79%
^DJUSEN: +5.63%
Account C:
Return: +1.68%
^DJGSP: +4.77%
Portfolio:
Return: -1.23%
^DWC: +5.39%

YTD Results:
Account A:
Return: +5.05%
^NDX: +1.09%
AME*: .310
Account B:
Return: +3.53%
^DJUSEN: -1.64%
AME*: .277
Account C:
Return: +25.10%
^DJGSP: +5.26%
AME*: .286
Portfolio:
Return: +7.60%
^DWC: -6.19%

*AME = Average Market Exposure