Club Mulgoa

Tuesday, August 02, 2011

ASX

It is more than 2% down but I am not feeling miserable. My portfolios were buffered by gold producers. Because my spare cash is not plentiful, AND because my collection of gold producers were mostly up, I didn't buy anything.

I am down 1.5% so for a risky strategy, I think it is still "alpha" for me today. So I am not feeling miserable even though I haven't shaken off my cold. Most of my bad downs were my blue chips. I had a great uptick from PCL.

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