NoTouch Portfolio Results YTD thru 2/28/06

For the month of February:
NoTouch Portfolio: -2.0%
vs.
Dow: 1.2%
S&P 500: 0.0%
Nasdaq Composite: -1.1%
Nasdaq 100: -2.3%
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Year to date 2006:
NoTouch Portfolio: 3.2%
vs.
Dow: 2.6%
S&P 500: 2.6%
Nasdaq Composite: 3.4%
Nasdaq 100: 1.5%
.
Not a good month for the port, but ytd still ahead of three of the four indices. See earlier posts for makeup of NoTouch: OAKBX 30%; OAKGX and BBHIX each 15%; PEMDX, PSAFX, TGLDX and ICENX each 10% in $10,000 model portfolio.
.
Many of my picks are listed on ClearStation. I'm using ClearStation as a 3rd party to verify some of my picks with the following disclaimers:
1. They use a 20 minute delay, so that makes it easy to manipulate picks into artificially good performances. Most of the top 40 or more pickers on the site are bogus - I haven't counted lately. A good way to check is to see if the picker puts on multiple trades that are opened and closed on the same date, and usually without messages or time stamps. They put on trades of the big movers of the pre-market and use the 20 minute delay to take advantage of gap ups and gap downs. Unfortunately, in real life our brokers don't allow 20 minute delays. They force us to trade in real time and deal with the results. Otherwise, we could all be Warren Buffett.
2. I may or may not have actual positions in the picks I list on ClearStation. And they are not to be taken as actual recommendations in any case. They are for entertainment purposes only. Mainly because of the 20 minute delay and the fact that all trades are worth $10,000 on CS and you cannot scale in and out of positions, results may not be nearly what they were in real life, either, good or bad. In real life, I scale in and out of picks, and use different position sizes for different trades - one size does definitely not fit all.