Who is the greatest student of the markets - Buffet, Leon or Soros?

Most of us are well acquainted with the stellar track-records of the legendary Mr Buffet and Mr Soros. Very little, however, has been heard of the exploits of the less famous Mr Leon. This journal aims to correct the imbalance. It will be a real-time record of trades based on his investigations of discrepancies in the prices of quoted shares. The journal will run for six months starting from the 1st of August, 2006.

 

<b> Ground Rules </b>

$ Trades will be based on a virtual margined account with a starting capital of $100,000.

$ A float of $5,000 cash will always be kept in the account - this means that open positions will never exceed $190,000.00 ($95,000 x 2).

$ There will be a maximum of ten open positions at any one time.

$ The opening value of any one position will not exceed $19,000.

$ A stop loss, and a profit target must be defined for every potential trade.

$ An open position can be closed before either the stop loss or profit target is hit.

 

<b>Investigation Alert</b>

Ticker &nbsp;&nbsp;&nbsp; Trigger
------- &nbsp;&nbsp;-------
TRMB&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48.46
AN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19.51
MER&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73.78
IEV&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93.75
CAL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25.89
PDS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34.70
ECLG&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20.53
PHI&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39.72


All alerts self-destruct at 1630 hrs EST

 

To compare yourself with those people you should trade
a real account.

Success,anyway !

 

Investigation Opened - 08/01/06

Ticker &nbsp;&nbsp;&nbsp; Trigger &nbsp;&nbsp;&nbsp; Date &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Entry &nbsp;&nbsp;&nbsp; Target &nbsp;&nbsp;&nbsp; Stop
------- &nbsp;&nbsp;------- &nbsp;&nbsp;------- &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;------- &nbsp;&nbsp;------- &nbsp;&nbsp;-------
CAL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25.89 &nbsp;&nbsp;&nbsp; 08/01/06 &nbsp;&nbsp;&nbsp; 25.89 &nbsp;&nbsp;&nbsp; 26.65 &nbsp;&nbsp;&nbsp; 24.58
PDS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34.70 &nbsp;&nbsp;&nbsp; 08/01/06 &nbsp;&nbsp;&nbsp; 34.70 &nbsp;&nbsp;&nbsp; 33.59 &nbsp;&nbsp;&nbsp; 36.36
ECLG&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20.53 &nbsp;&nbsp;&nbsp; 08/01/06 &nbsp;&nbsp;&nbsp; 20.53 &nbsp;&nbsp;&nbsp; 19.93 &nbsp;&nbsp;&nbsp; 21.57
AN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19.51 &nbsp;&nbsp;&nbsp; 08/01/06 &nbsp;&nbsp;&nbsp; 19.51 &nbsp;&nbsp;&nbsp; 20.08 &nbsp;&nbsp;&nbsp; 18.52

 

hmmm, let's see: a target smaller than the stop?



holmes

 

Investigation Alert - 08/02/06

Ticker &nbsp;&nbsp;&nbsp; Trigger
------- &nbsp;&nbsp;-------
SCHN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32.19
ACH&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64.83
TDW&nbsp;&nbsp&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49.32
MER&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73.78
ENDP&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31.85
CBCF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25.71

 

Oh yes.... very common.

 

It's gotta be...LEON!

 

Investigation Opened - 08/02/06

Ticker &nbsp;&nbsp;&nbsp; Trigger &nbsp;&nbsp;&nbsp; Date &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Entry &nbsp;&nbsp;&nbsp; Target &nbsp;&nbsp;&nbsp; Stop
------- &nbsp;&nbsp;------- &nbsp;&nbsp;------- &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;------- &nbsp;&nbsp;------- &nbsp;&nbsp;-------
TDW&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49.32 &nbsp;&nbsp;&nbsp; 08/02/06 &nbsp;&nbsp;&nbsp; 50.20 &nbsp;&nbsp;&nbsp; 47.86 &nbsp;&nbsp;&nbsp; 51.80
ENDP&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31.85 &nbsp;&nbsp;&nbsp; 08/02/06 &nbsp;&nbsp;&nbsp; 32.24 &nbsp;&nbsp;&nbsp; 30.91 &nbsp;&nbsp;&nbsp; 33.47