Updown Performance : December +4.4%

My Updown account was UP 4.4% in December 2010 but  the S&P 500 was up 6.7%

For the year total in 2010 I was up 20.4% while the S&P 500 is up 13.6%.  So I beat the index by 6.8% total for the year.

Since starting Updown  in March 2008 I'm up 23.9%  while the S&P 500 is down 5.2%.   My annualized return is 7.3%.



My trading activity in December:

Bought KLAC at $39.47  I am trying a stock screening strategy with this one.
Bought NLY at $17.87.   This is a higher risk short term trade for me.  Its a REIT yielding 14%.  I plan to cash it in if it goes up 20%
I took profits and sold some of my stake in VZ at $35.51 (up 20%) and CVX at $91 (up 49%).   I also sold off all of my GTY at $32 (up 37%)