January 1st, 2004

2003 Performance

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2003 is a pretty good year for me. There was quite a few stocks which is quite badly beaten in the poor market sentiment despite their fundamentals. For example, I picked up Crayfish (email outsourcing company) for 60cent on a dollar just on their cash value alone and made over 100% profit when they annouce they going return the cash and delist the stock.

I also made a right “bet” that technology recovery will start from hardware. Business will started to buy hardware since they probably hold back their spending in the last 3 years in the downturn and now they have to play catch up. My play in CHRT gave me some nice gain although I probably hop off the train a bit too early. It\’s a lesson I shouldn\’t forget.

Overall, I achieved an net gain of 71.81% compared to S&P (26.38%) and NASDAQ (50.01%). Hey, I still bet the market, which is what matters to me. Lets hope I\’ll do equally well in 2004. :-)


2003-SNP.PNG

2003-NASDAQ.PNG


  




YTD



JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC


James Seng


71.81%


3.68%

0.47%

-0.66%

10.21%

7.90%

12.46%

7.09%

3.04%

0.70%

4.18%

-3.83%

11.53%

Q1 Performance
3.48%

Q2 Performance
33.73%

Q3 Performance
11.12%

Q4 Performance
11.74%


S&P 500 Index


26.38%


-2.74%

-1.70%

0.84%

8.10%

5.09%

1.13%

1.62%

1.79%

-1.19%

5.50%

0.71%

5.08%

Q1 Performance
-3.59%

Q2 Performance
14.89%

Q3 Performance
2.21%

Q4 Performance
11.65%


NASDAQ


50.01%


-1.09%

1.26%

0.27%

9.18%

8.99%

1.68%

6.92%

4.35%

-1.30%

8.13%

1.45%

2.20%

Q1 Performance
0.43%

Q2 Performance
20.99%

Q3 Performance
10.12%

Q4 Performance
12.11%

Graphs and Data extracted from my E*Trade account.

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