For the period August 15th to September 9th, 2011, overall we lost 0.4% while the S&P500 lost 1.9%. That's negative performance, but we still beat our benchmark. I sold our small position in BAC after hearing about Buffet's investment and getting a good bounce. If they need capital that bad I want out. I'm calling a bottom around 1120 in the S&P500 and plan to reduce my cash from 17% to around 10%. If you have any questions just ask. The latest newsletter is available HERE or by copying and pasting the below url.
http://advancecapital.org/PDF%27s/ValueQuants20110911x.pdf
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