MBP trade - talk about "lucky"

I bought into MBP on a signal last November. Fortunately an exit was triggered and I got out a week ago with a small gain (4%) It plummetted over 70%! I am glad I follow those stops.

Stevo

SDG weekly chart

Sunland chart - exits are based on the EOW close price. Chart is for the ReefCap forum. You will notice that I am having a bit of fun with cloudcharts.
http://lightning.he.net/cgi-bin/suid/~reefcap/ultimatebb.cgi?ubb=get_topic;f=15;t=000310

Jan 2007 Quarterly update

This is a part quarter update. Obviously the quarter is not over yet.

The market has been quite strong over the last month, although not as good as December.

A $50,000 plus gain for the month is ok by me - see the December quarter chart below for comparison. The portfolio had no buy or sell signals for the month and I am fully invested aside from some dollars I set aside for a tax payment.

I took my first trade on a monthly system I developed. I will see how I go waiting to the end of the month before taking buy and sell signals. The system performs very well in back testing, but I am not entirely convinced that I am ready to trade a monthly timeframe. I am sure that some people would think that I am crazy trying this approach! I find that exiting on stops during the month significantly degrades the results.

One advantage is that the system can handle more capital which should come in useful for my super fund. I have tested on random entry and exit price in the month that the signal is given, as well as on the open and various other strategies. They all make money, but I am usually better off getting in / out towards the beginning of the month.

If everything goes as I expect in terms of the monthly system I will use it for the super fund only.

Steve