18 September 2009 – Re-weight complete

ASX Commentary

18 September 2009 – Re-weight complete

Fri, Sep 18, 2009

Today marks the end of the index re-weighting from which the ASX did slightly underperform. The market was weak early but closed well off the sessions lows and did so on very large volume. I view this as a good sign. We can’t argue with the trend so continue to go with the flow and see what next week brings. In my Portfolio Disclosure I have started plotting the weekly equity of the various portfolios I trade which over time will give a better indication of progress. This started with last weeks ending equity indexed to 1000. It does not include YTD gains. The technical term for this chart is a Value Added Monthly Index (VAMI), although I’ll update in weekly. You can Google VAMI for further detail.

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