Friday, September 15, 2006

Fallond / Trade Ideas / Jim Cramer : September 7th

It was a good weekly performance for my Trades Ideas scan; 75% winners, with an average return of +4.01% per trade. Next up was the Market ETFs at +2.32% per week, followed by Jim Cramer's lightning round picks at +1.33%. My own three picks (there were no Breakout picks) suffered from two failed shorts (homebuilders), killing the weekly return to my second worst return of -8.32% (a -9.83% loss back in March was actually my worst).

To follow the trend from yesterday, the worst performer was not one of my picks, but one of Jim Cramer's; FCX was down -13.19% on the week. Best was the Trade Ideas pick, NTPA, which closed the week up +14.60%.

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If you would like to see Jim's picks you can tune into his TV show, or get them from Madd Money or Mad Money Recap.