Allocation change

The Alpha 2 strategy went back to cash at today’s close.

I sold half of my position early (discretionary override) on Feb 5th for $21.75 (+3.6%) and the other half today for $22.50 (+7.1%).  My average gain was about 5.4%.  I sold half early because I did not like the expanding volatility in the market and thought I could outsmart my system by rebuying some shares lower.

**Note: made correction to Feb 5th sale price. Sale was at 21.75 not 20.75 as first reported above**

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Posted on February 11, 2013, in Alpha Strategy, Transactions. Bookmark the permalink. 1 Comment.

  1. Either way, not a bad trade. Thanks, Mike, for sharing this system with the public.

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