Quote from Pekelo:
Sorry guys, I haven't been reading the replies, but today seems to be a good day to check on the prediction portfolio:
Assuming we put even money on all 3 predictions:
1. We are almost back to the predicted 3-4% end of year range, so an option spread (profit maximized when in the 3-4% range) would have a nice 5 months time decay. Let's count it low, a 10% profit. (atticus can give us a better estimate)
2. From 95 down to 67.3 right now, that is about 29% profit. This position did have a big DD though, but only on 1/3 of the whole capital.
3. From 19 went to the predicted 10, position closed, profit was 47%.
So averaging the profits of the 3 position: (10+29+47)/3 = 28.6%
I think 28% profit in 5 months with a max. DD of 10% (it was about 30% on 1/3rd of capital) isn't too shabby as predictions go, considered that this was a non-correlated, diversified portfolio.
Hey Surf, how are your predictions going? I am too lazy to do the math...