Saturday, October 27, 2007

Yearly % profit charts in Amibroker

This is something for system testers.

There is a really nice bit of code at the AmiBroker Knowledge Base



The chart above was produced in Amibroker. The Knowldege Base explains a bit about it.

Anyone that has been reading this blog might realise that I was successful at the auction I went to a couple of weeks ago - see the weekender picture below.

stevo

Tuesday, October 23, 2007

Somewhere north of Sydney


The beach is just down the path.

stevo

Long term focus and another exit



I exited BTA last week. I thought it might have some promise but it just drifted slowly down till it lightly touched the exit point.

Since my sell off a couple of months ago I have been buying through September. There has been a lot of life in the market, especially resource stocks. The strength of some stocks has surprised me - YML, MGX, OMH hold some promise. My very limited research tells me that they are all involved in iron ore in WA. I also picked up MIS in the super fund - yet another iron ore company.

I am definitely overweight in materials and energy stocks at the moment. What happened in the market just a couple of months ago is a distant memory.

stevo

Sunday, October 21, 2007

Sydney Ferries



There are some things in life best avoided.

Tuesday, October 02, 2007

Smooth sailing?





This is not my boat!

I took the picture though. We had the mainsail reefed and huge westerly gusts (40 knots plus) made for an exciting test run in a friend's new yacht. It was pretty hot (29) and the helicopters were pulling water out of the river trying to put out the fires raging through Kuringai Chase National Park. Hanse yachts are made in East Germany somewhere.

I find such big boats a little overwhelming, my meagre sailing skills have all been in something that weighed less than 500kg (and often less than 100kg) not 18000kg. I think I will be sticking to my Hobiecat, more fun for way less cash.... and then there is the issue of not wanting to tie up good trading capital in a depreciating asset.

I am always drawn to water - surfing, swimming and sailing. Sailing is the area that I have the least experience.

September was a real turnaround month on the markets. The portfolio plunge for August was partially recovered in a very strong market. I guess that the one lesson that I learnt (again) was to not count open profits as in my own pocket.

Mrs Stevo found a little weekender on a beach somewhere north of Sydney. I guess at least land, especially waterfront land, tends to hold it's value. I will see how I go at auction - they are a bit like trading aren't they?

stevo