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Bumping up long position to 100% for Tuesday.

I second this opinion. Makloda's post is a very reasonable assessment of what this game is all about. Understand the game before you play the game.

(Through 6/8/07) NDX Wk 23: -1.141% NDX Q1: +0.880% NDX YTD: +8.501% NDX Max Drawdown: -7.225% (2/22/07-3/5/07) BLB Wk 23: +0.053% BLB Q1: +1.310% BLB YTD: +4.088% BLB Max Drawdown: -3.226% (4/10/07-5/15/07) AME* : 54/99 = .545 Days Invested: 60 Days in Cash: 39 BLB Portfolio...

Still haven't wrung the discretionary devil out of yourself, eh? It IS, however, good to see that you've been working on your automated stuff after the bloodbath. Have you ever considered a goal that won't subject you to huge drawdowns?

(Through 6/1/07) NDX Wk 22: +2.064% NDX Q1: +0.880% NDX YTD: +9.754% NDX Max Drawdown: -7.225% (2/22/07-3/5/07) BLB Wk 22: +0.069% BLB Q1: +1.310% BLB YTD: +4.033% BLB Max Drawdown: -3.226% (4/10/07-5/15/07) AME* : 51/94 = .543 Days Invested: 56 Days in Cash: 38 BLB Portfolio...

22 week BLB vs. NDX equity graph (through 6/1/07)

BTW, the Yahoo UK site was working while the US one wasn't. You might want to keep this in your pocket as a backup. http://uk.finance.yahoo.com/q/hp?s=%5ENDX

Back to 50% long (OTPIX) after avoiding some lumps...

Back to CASH after taking some lumps...

Switching to a 50% long position for Wednesday.

BT: I considered picking up "Evidence-Based..." a while back. I got the impression that it does a LOT of debunking of TA mythology. As my methods are homespun, this is of somewhat limited value to me. Does it actually give any guidance as to where one might look in the search of useful...

I just sat down and flipped an Oregon commemorative quarter. Within the first 2 minutes, I had a run of 7 heads in a row. Welcome to 'Fooled by Randomness'! I'd like to recommend a book, if I may: "The Psychology of Judgement and Decision Making" by Scott Plous. Best trading book I've...

I'll definitely take the other side of THAT trade. Very bullish right now on gold.

Moving from CASH to 100% short (SOPIX) for tomorrow.

Based on the fact that you have suffered a drawdown of >30% AND a drawdown of >50% within the first 5 months of the this year alone, your chance of an account blowup appears at least as likely as your chance of attaining your goal. Personally, I'd recommend going back to square one and...

20 Week BLB vs. NDX chart attached.

No trade today. BLB vs. NDX graph attached.

Detailed equity curve attached.

Equity curve attached.

Closing long position @ today's close.