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Update: Rather Colourless

December 21st 2006 11:41
The update for Portfolio 1.5 - EW* is back from a hiatus, before X'mas sweeps the town.The past nine trading days saw the portfolio performing a volatile course with its profits reaching as low as $14,070 on 14/12 and a top of 15,829 the next day. Indeed a roller coaster ride. Nevertheless post 15/12 saw the portfolio maintaining the profits above 15th hundreds.




The winner stocks are highlighted in yellow

Latest closing value of the portfolio stands at $58,137 with after-costs profits at $15,090, which fell 1.58% from previous closing return of 39.62%.

It was a rather drag day for all on 21st December, 2006 as the ASX S&P 200 benchmark index shed 24.3 points to 5583.5 on the back of resource dive as metal prices were lower overnight. On the other hand, the Aussie dollar surged on a complete turnaround of sentiments of a strenthening world economy instead of a sideway movement as expected earlier. Latest economic data show German economic confidence soared to its highest since unification and US housing data offered some respite as housing construction increased 6.7% in November.


*Disclosure

NOT SPECIFIC INVESTMENT ADVICE

This information has been prepared for distribution over the internet and without taking into account the investment objectives, financial situation and particular needs of any particular person.


The blogger makes no recommendations as to the merits of any investment opportunity referred to in its website. It is advisable to obtain specific investment advice before making anyinvestment decisions relying on the information provided. While the information available in this publication is obtained from sources believed to be reliable, the blogger gives no assurances or guarantees that the information is accurate, complete or current.

The information is provided for informational purposes only and not intended to constitute legal, financial or professional advice. It has no regard to the investment objectives or circumstances (financial or otherwise) of particular recipients, and is not an exhaustive outline of available investment opportunities.

Appropriate professional advice should be obtained prior to acting on any information contained in this publication. The blogger will not be liable for any loss or damage incurred by any person directly or indirectly as a result of reliance on the information contained in this publication.

PAST RESULTS
Any past results shown or mentioned in any of our reports or web pages do not guarantee future performance.

ACCURACY OF DATA
Whilst all information on this site is believed to be accurate, we take no responsibility and give no assurances that it is accurate. We advise that you to double check any
data before acting upon this information.
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