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Top Current Holdings And Total Returns Since Purchase
By Josh Hayes on July 18, 2010
Currently long 9 stocks and short 10 stocks while holding around 85% cash levels with my IRA being 100% cash. 130 years of stock market research has proven that three out of four stocks follow the general market direction. Since December 17th to Friday the Nasdaq is -0.05% essentially flat (since 1/28/10-7/16/10 it is flat). This is why we have high cash levels. Since the April top the trend has been down with the 50 day moving average acting as strong resistance which is why the IRA is 100% cash.
stock symbol – percent return since purchase – purchase date
longs:
LCUT 123% 11/2/09
AKRX 17% 5/25/10
shorts:
SFD 14% 6/17/10
KSS 14% 5/13/10
NOV 13% 5/11/10
EXPE 11% 5/7/10
THO 10% 5/20/10
EBAY 7% 6/4/10
Posted in Commentary, Current Big Winners