Tuesday, June 3, 2008

Million Dollar Portfolio Challenge Update!


I've just completed about two weeks in the contest. Unfortunately, I haven't taken over any of the leadership positions yet but I'm still working on it. As of the close of the market yesterday, my best portfolio gained $114,069.00 or about 11.4%. Not bad for two weeks work in my opinion but still not good enough to get me in the top 25. I'm currently in the top 6.5% of all players and ranked at 46,305Th. The leader has gained $749,413. -Keep in mind, I started two weeks late- Never less, as you can see, I've got some mad trading to do to catch up. I'm viewing this competition as a marathon and not a sprint. So as long as I keep moving up and don't make any really bad decisions I should be okay. I currently have the following stocks in my portfolio:
  1. MA
  2. LDK
  3. MTZ
  4. YZC
  5. ETN

Today I'll be adding positions of:

  1. CRR
  2. WIND

It looks like I'll be losing some ground following the market close today. Many of my holdings have gone down in today's trading.

Wish Me Luck!

13 comments:

Jane Turley said...

Wind? Gas? Mr I... have you got some problems you're not telling me about???

(No need to tell on this one - if you've got a problem in this area I'd rather you keep it yourself.
I am glad though that I'm on the other side of the world - I am not accustomed to passing out after refuelling.)

Footsteps said...

-Cheering you on from Ohio!

intrepidideas said...

Miss Jayne.... You do make me laugh! Smelt it! Dealt It! Nan, na, na, na, Na! (going back to my 4th grade mentality)

intrepidideas said...

Heather, you're the best! Thanks for the (always reliable) support. I've got a really nice party dress picked out for you! I've got a bit of work to do to win but - Bring your dancing shoes!

Jane Turley said...

Now Mr I, I'm trying to imagine you in shorts and ankle socks...Hmmm....a most amusing thought....

OK...now I've moved onto the plus fours and tights....

Footsteps said...

I believe in you! Doing my pre-dancing stretches...

Tamera said...

Good luck! This looks like an exciting contest. Keep us updated.
*helping footsteps with her stretching exercises to get her ready*.

Footsteps said...

Thanks Tamera,
Could you (uh) please help me (ow!) get my leg back down from behind my neck? Um... soon?

intrepidideas said...

Miss Jayne.... Am I wearing sandals with those ankle socks? I seem to remember 3rd grade better than 4th. And stop laughing at me.....

Jane Turley said...

Moi? Laugh at Mr I? Tis not possible, he is sooo sophisticated!

Ummm...Just wondering if you do yoga Mr I? What would you wear??

Ohhh..um.... must dash I've a tickle in my throat....

intrepidideas said...

You guys are funny! (Tamera and Heather) I'd bet you'd make a great dance team! Forget "Dancing with the Stars" I want to see you two "cut a rug." More incentive to win! I also want to see this stretching routine in person! (giggle)

intrepidideas said...

Yoga huh? What would I wear? Hhmmmn??? The blue outfit or the black one?

Jane Turley said...

Yes..well..that's a little more conservative than I was thinking....

Sandals and socks obviously....