Monday, October 29, 2012

Week 2 of UCU IC lll - A Little More Competitive Now!

Following the lively discussion regarding the strong showing of George F.'s portfolio, which raced out ahead after Week One, we have a little more competitive position following Week Two, which has brought our leader back down to earth a bit, and has provided an opportunity for other portfolios to compete.

A rough week overall for the markets this past one (perhaps in anticipation of the brutal weather that is to come this week with Hurricane Sandy pounding the eastern seabord of the U.S.), we've had few portfolios make real gains, but for the most part, positions have held.

Our 1st place position remains in George F's hands, but his portfolio fell 21% from Week One to Week Two, to a level of $158,000.  In 2nd place remains Peter Tr., whose portfolio remained flat week over week and is holding at $114,621, while 3rd place, at $111,593, is Andrew R.

The largest gainers on the week included Christina G., whose portfolio gained 3% week over week, moving her portfolio higher in the standings by 19 spots!  Ihor D. and Tania K. both had 2% gains on the week, moving their portfolios higher in the standings each by 10 positions.  This is what we enjoy most, is watching how portfolio will even modest gains on a weekly basis, can make radical improvements in their spots in the standings!

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