10 December 2009 – Winding down

Thu, Dec 10, 2009

ASX Commentary

Another garbage performance by the local market. It really struggled to hold its head above water and it certainly appears that seasonal strength is wilting. I now have 1 position left in the ASX Power Setups and two positions left in the US Power Setups that I will be closing tonight. Once the ASX position is closed I will be hanging the boots up for 2009 and readying the account for 2010 when we’ll go with real time performance again. We’ll be starting the year with a fresh $100,000 and follow the Systematic Power Setups without discretion. Account statements will be posted at the end of each week. I will mainatin my Growth Portfolio positions over the Christmas break.

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Nick Radge - who has written 899 posts on The Chartist.


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