October 1, 2010

Updown Performance : September up 5.7%

Practice invest

My Updown account was up 5.7%  in September 2010 but  the S&P 500 was up about 5.5%.

In 2010 I'm up 12% and the S&P 500 is up 2.3%.  I'm beating the index by 9.7% so far this year

Since starting in March 2008 I'm up 15.7%  while the S&P 500 is down 15.5%.

For some reason the reporting of the performance of the S&P 500 was not being tracked properly on the Updown site.   They were showing the S&P as 0.0% change for  Sept. which didn't look right and I noticed they didn't seem to show the S&P in their graph after August.   So I manually figured the change of the S&P for September. 

I only made one trade this month.  I bought some Intel (INTC) when it went under $18.   This is just a short term speculative buy.    I plan to sell it all when it hits $21.

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