Saturday, November 12, 2005

Oncology-Biotech Portfolio Update

Other recent trades (not part of the Oncology-Biotech Portfolio): MEDX open long Oct 28 @8.22, closed Nov 4 @9.30, profit 13.1% GERN open long Oct 28 @8.74, closed Nov 4 @9.05, profit 3.5% AMGN open long Oct 31 @75.96, position is still open (11-Nov closing price 81.10) I am very happy with the system so far. Of course, two weeks is too short period of time. But it is good to see that 3 out of 4 positions are very positive and only one is flat (CEGE). AMGN entry was predicted by a separate approach that relies on Elliott Waves.

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