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OP Newsletter (Feb’08) : +1.1%

Published on January 19, 2008

OP Newsletter (Feb’08) : +1.1%

January 19, 2008

Contrary to popular belief, January hasn’t been forgiving for stock markets so far. Dow lost 4%, Nasdaq lost 4.1% , Russell 2000 lost 4.5% and S&P500 lost more than 5%. What a week! Especially when one looks at all the high fliers, ah. No one could have imagined so much pain just a few weeks back.

For OPNewsletter, so far a positive start, +1.1% for the week. Since beginning of OPN this week, we have opened 2 mini-portfolios already. While one is down -3.3%, other one is up +4.7% yielding overall +1.1% gains for the week 1 of the Feb’08 income portfolio. We plan to open 2-3 more mini-portfolios provided I can find quality underlyings. If none is available, then we are sitting tight with cash and just chilling out.

If you would like to sign-up for the OPN waitlist, pls click here to read more.

Profitable trading and a nice weekend, OP

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