Sunday, February 24, 2008

Portfolio Update 22/02/2008



Three stocks came up for next week: RSP, WHS, and WPL.

RSP is under takeover from Xstrata, so only the others will be bought.


WHS has criminal spreads (and liquidity) but I'm trying to stay as close as I can to TradeSim these days, so all stocks that trigger will be bought as long as I have the cash and the companies are not under takeover.


If I have a choice between stocks then I will use the "bang for buck" principles and rank them in order of ascending stock price as this has added about 2%p.a. in backtesting.

1 comment:

Glen said...

Was worried about your trade on OST for a while there Niz.

But it came back pretty sharply.

SGM looks good though. Gets above that significant resistance there, and I'll be in I'd say.