Back From Break

Well, I am back. First, I am not sure evryone saw this interview with JG: Answers from Joel Greenblatt are Here!. Good stuff for people to read. Clearly, we mere peons can not track how he is investing his money as he states in the Q&A. He certainly defends his approach, though he discoyrages people from trying to go long on his top stocks and then going short the worst stocks as he says this could be too volatile. He also still believes in the concentrated portfolio for those who know what they are doing as the recent crash in his mind proves that disversification isn't worth much.

No new stocks made the screen this weekend. The newbies from last weekend (JTX & MTXX) are off to a respectable start. Three stocks from my mechanical portfolio closed this weekend:

Symbol	Date	Stock Chg	S&P Chg	Diff
APKT	7/5/08	119.5%	-26.9%	146.4%
CSKI	7/5/08	20.9%	-26.9%	47.8%
VALU	7/5/08	7.8%	-26.9%	34.8%

That would have been a good group to have bought a year ago! Overall, my mechanicl top 30 is outperforming the S&P by a whopping 20 points. Here are the open stocks (note 64 open stocks):

Symbol	Date	Original	Current	Dividend	S&P O	S&P D	Stock Chg	S&P Chg	Diff
QCOR	7/26/08	4.84	5.27	-	125.48	2.49	8.9%	-26.4%	35.3%
MSTR	8/1/08	60.56	49.33	-	126.16	2.49	-18.5%	-26.8%	8.3%
NVDA	8/8/08	11.00	10.90	-	129.37	2.49	-0.9%	-28.7%	27.7%
SWIR	8/8/08	12.41	5.45	-	129.37	2.49	-56.1%	-28.7%	-27.4%
CF	8/8/08	134.65	74.29	0.10	129.37	2.49	-44.8%	-28.7%	-16.1%
SIGM	8/8/08	15.93	15.34	-	129.37	2.49	-3.7%	-28.7%	25.0%
EGMI.OB	9/5/08	0.69	1.19	-	124.42	2.49	72.5%	-25.8%	98.3%
KHD	9/15/08	20.68	8.46	-	126.09	2.49	-59.1%	-26.8%	-32.3%
TTWO	9/22/08	16.57	9.84	-	124.12	2.49	-40.6%	-25.6%	-15.0%
SCMP	9/29/08	8.29	5.68	-	120.85	1.80	-31.5%	-24.2%	-7.3%
DTLK	9/29/08	4.34	4.25	-	120.85	1.80	-2.1%	-24.2%	22.1%
TRA	9/29/08	28.42	26.00	0.20	120.85	1.80	-7.8%	-24.2%	16.4%
MSB	10/10/08	10.12	11.03	0.40	88.50	1.80	12.9%	3.5%	9.4%
UEPS	10/10/08	14.58	13.50	-	88.50	1.80	-7.4%	3.5%	-10.9%
TSCM	10/17/08	3.67	2.02	0.03	93.21	1.80	-44.3%	-1.7%	-42.6%
EME	10/31/08	17.77	19.54	-	96.83	1.80	10.0%	-5.4%	15.4%
CTCM	10/31/08	7.40	10.92	-	96.83	1.80	47.6%	-5.4%	53.0%
PRGX	10/31/08	4.24	2.91	-	96.83	1.80	-31.4%	-5.4%	-26.0%
HLF	11/7/08	20.17	30.62	0.40	93.86	1.80	53.8%	-2.4%	56.2%
GHM	11/7/08	13.60	13.00	0.02	93.86	1.80	-4.3%	-2.4%	-1.9%
BIDZ	11/21/08	2.39	2.91	-	79.52	1.80	21.8%	15.2%	6.6%
KBR	11/21/08	10.45	17.84	0.10	79.52	1.80	71.7%	15.2%	56.5%
OPTV	11/21/08	0.94	1.28	-	79.52	1.80	36.2%	15.2%	21.0%
IBAS	11/21/08	1.21	1.39	-	79.52	1.80	14.9%	15.2%	-0.3%
Vclk	11/28/08	6.17	9.97	-	90.09	1.80	61.6%	1.7%	59.9%
DIVX	12/8/08	4.37	5.18	-	87.93	1.80	18.5%	4.2%	14.4%
MAXY	12/8/08	5.80	7.09	-	87.93	1.80	22.2%	4.2%	18.1%
ESIC	12/14/08	1.13	1.63	-	88.99	1.80	44.2%	2.9%	41.3%
MSO	12/29/08	2.80	2.92	-	87.16	1.08	4.3%	4.3%	0.0%
TRMS	12/29/08	1.03	2.05	-	87.16	1.08	99.0%	4.3%	94.8%
WFR	12/29/08	13.43	17.49	-	87.16	1.08	30.2%	4.3%	26.0%
AHCI	1/5/09	1.15	2.00	-	92.96	1.08	73.9%	-2.2%	76.1%
CKSW	1/5/09	1.99	6.20	-	92.96	1.08	211.6%	-2.2%	213.8%
COH	2/16/09	13.97	25.80	-	82.76	1.08	84.7%	9.8%	74.9%
DELL	2/23/09	8.41	12.97	-	77.42	1.08	54.2%	17.4%	36.8%
SOLR	2/23/09	4.22	5.41	-	77.42	1.08	28.2%	17.4%	10.8%
DECK	3/2/09	41.27	68.29	-	73.93	1.08	65.5%	22.9%	42.5%
FWLT	3/2/09	15.04	21.99	-	73.93	1.08	46.2%	22.9%	23.3%
HCKT	3/2/09	2.56	2.48	-	73.93	1.08	-3.1%	22.9%	-26.1%
MWW	3/2/09	6.59	11.06	-	73.93	1.08	67.8%	22.9%	44.9%
PTIE	3/2/09	4.53	5.41	-	73.93	1.08	19.4%	22.9%	-3.5%
TRLG	3/2/09	10.22	21.38	-	73.93	1.08	109.2%	22.9%	86.3%
qlti	3/9/09	1.41	2.13	-	68.92	1.08	51.1%	31.9%	19.2%
exbd	3/9/09	12.96	20.13	0.44	68.92	1.08	58.7%	31.9%	26.8%
FIX	3/16/09	9.73	10.29		76.09	1.08	5.8%	19.4%	-13.7%
DBTK	3/16/09	6.65	8.54	-	76.09	1.08	28.4%	19.4%	9.0%
LOOP	3/16/09	5.77	7.54	-	76.09	1.08	30.7%	19.4%	11.2%
PRO	3/30/09	4.29	7.89	-	81.61	0.52	83.9%	10.7%	73.2%
ACN	4/13/09	27.71	33.14	-	85.81	0.52	19.6%	5.3%	14.3%
INFI	4/20/09	5.83	5.42	-	87.08	0.52	-7.0%	3.7%	-10.8%
RST	5/3/09	29.83	27.00	-	87.89	0.52	-9.5%	2.8%	-12.3%
ULCM.pk	5/3/09	2.18	1.96	-	87.89	0.52	-10.1%	2.8%	-12.9%
TYPE	5/3/09	3.80	6.28	-	87.89	0.52	65.3%	2.8%	62.5%
CRAY	5/3/09	3.98	8.16	-	87.89	0.52	105.0%	2.8%	102.3%
INT	5/10/09	41.90	39.82	-	92.98	0.52	-5.0%	-2.9%	-2.1%
IPHS	5/18/09	15.03	16.90	-	88.71	0.52	12.4%	1.8%	10.6%
GNI	6/1/09	86.75	86.00	-	92.53	0.52	-0.9%	-2.4%	1.5%
UTA	6/1/09	7.90	10.32	-	92.53	0.52	30.6%	-2.4%	33.0%
FRX	6/7/09	23.66	24.26	-	94.55	0.52	2.5%	-4.5%	7.0%
ONTY	6/14/09	2.60	3.63	-	95.08	0.52	39.7%	-5.0%	44.7%
VM	6/14/09	4.24	3.45	-	95.08	0.52	-18.6%	-5.0%	-13.6%
BPI	6/21/09	16.74	15.46	-	92.04	-	-7.6%	-2.4%	-5.2%
MTXX	6/28/09	5.77	6.48	-	91.84	-	12.3%	-2.2%	14.5%
JTX	6/28/09	5.74	5.95	-	91.84	-	3.7%	-2.2%	5.9%
						Totals	10.3%	-10.2%	20.5%
73.6% of stocks beat the S&P 500 Benchmark						Closed	-20.8%	-35.6%	14.8%
S&P C			89.81			Open	23.8%	0.9%	23.0%