wednesday trades!, page-3

Close some more long positions again, and maybe call it a quit by the end of this week, and close my book for this quarter.

This quarter is a lot better than last one. So far I managed to get 6.5% total return. For this financial year, I managed to get 10% return, annualise to about 20%, which is on high end of my target.

I am not sure if can get the similar return for the second half, but I have achieved my minimum target already (10%). Anything else is considered as bonus.

Look at our market (XJO), up more than 13% (total return) from Jun 30, 2010.

My performance is well below the SP200. Sometimes, I am wondering, why bother, just buy SPI, and hold it, without all charting, posting, arguing, sleepless nights....

I cannot win..... I believe a lot of you have done a lot better. If so congratulations.