Club Mulgoa

Friday, October 26, 2012

Down and down

DJI went up a bit at the end but ASX went the opposite way and finished way down by nearly 1%.  Today, I have a 0.3% rise but a 0.7% fall in another portfolio.  I still call it an alpha in both.

Some of my stocks carries a lot of weight so if they do well, I get a lot of alpha but it can swing the other way around, too.

POK, MKE and PVD went up a lot today so I have a lot of alpha.  And luckily CTP went up so it made my other portfolio looks a lot better!

What I am glad about most is that POG is still above USD$1700 per oz.  There is a conspiracy theory at the moment which says that Germany may not have as much gold as it thinks it has...

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