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PSW April Portfolio Review – Market Pullback Boosts Our Gains!

Posted on the 19 April 2015 by Phil's Stock World @philstockworld

PSW April Portfolio Review – Market Pullback Boosts our Gains!121.4%!  

That's how much our bearish Short-Term Portfolio is now up as of Friday's close.  In just three weeks of trading since our last Portfolio Review on March, 30th, where we very wisely cashed out the majority of our long positions ahead of the coming correction, we've added $19,055 in virtual gains.  

Even better, in our Long-Term Portfolio, we left our "losing" positions in the materials space in the energy and material space and, without any changes since other than adding a couple of new positions (we had a lot of cash, so why not), our larger Long-Term Portfolio has jumped $43,237 (6.1%) during the same period.  We could not have picked a more perfect combination of long and short positions to ride out the last 3 weeks of the market!  

PSW April Portfolio Review – Market Pullback Boosts our Gains!
That has driven the Primary Trading Strategy that we teach our Members at PSW (of keeping a Long-Term Bullish Portfolio with a Short-Term Bearish Portfolio) to a new record of $968,512, up $368,512 (61.4%) from our $600,000 start right after Thanksgiving in 2013 (17 months).  We have these gains, at the moment, because our timing was PERFECT.  But, our timing wasn't perfect by accident – it's the design of the Long/Short strategy that we are able to hold onto our positions when our timing is NOT perfect UNTIL it is.  It makes us look a lot smarter than we actually are!  

We were off track into the end of the year because we flipped bearish a bit too early but being off track wasn't so painful in the Short-Term Portfolio because we still had our long positions in the very bullish and much bigger Long-Term Portfolio.  More importantly, because we had a goal of making 20% a year, when the Long-Term Portfolio hit the 40% mark on March 30th, we decided it was ahead of schedule and cashed out our winners, letting the losers we still had faith in ride.

That left us very bullish on cyclical stocks while we dumped all the high-performing positions – even our beloved AAPL, as it had gotten too big, too fast for our liking.   There was also a bit

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