Week 43 Major Position Changes

Fund positions of 1.0% or greater can be found each week in the right margin of the blog, under the label cloud and recent comments areas; I highlight weekly the larger position changes.

Being a long only fund, via Marketocracy rules, the only hedges to the downside I have are cash or buying short ETFs. I cannot short individual equities.

To see historic weekly fund changes click here OR the label at the bottom of this entry entitled 'fund positions'.

Cash: 31.9% (vs 22.8% last week)
50 long bias: 47.2% (vs 49.3% last week)
9 short bias: 20.9% (vs 27.9% last week)

59 positions (vs 61 last week)
Additions: N/A
Removals: FTI Consulting (FCN), Consol Energy (CNX)

Top 10 positions = 28.2% of fund (vs 33.2% last week)
28 of the 59 positions are at least 1% of the fund's overall holdings (47%)

Major changes and weekly thoughts
Much of the same this week as many in the past, and I believe many in the future. Continued deteriorating economic conditions but "not as bad as expected" so we continue to muddle along.