Mad Money Machine

by Paul Douglas Boyer

10.3%

Dude, 6% return on your money is OK, right? 8% return in a year is pretty good. 10% these days is really nice. Well, after 6 trading days the MMM Cramer 2006 portfolio is up 10.3% already! Pretty fantastic for a diversified portfolio!

As I mentioned previously, I swapped out of Cynosure (CYNO) today and into Palomar (PMTI). Sold 479 CYNO at $18.00 and got 221 PMTI at $39.08 at 10:30. (Pretend money, remember). So in addition to a 10.3% gain in the portfolio, we also have $1,370 of tax loss that we can apply to any tax gains we may happen to take later this year.

Darn, I should have put real money into this thing!

Should we ring the register on ENG, STX, or GME? Lemme know!

Tue, January 10 2006 » Uncategorized