NHF Weekly #8
23:16 UTC 02 Jan 2010 
3 Comments
Happy New Year everyone!
The quiet week naturally ended with some volatility in the last half hour to remind everyone what a crazy year 2009 has been with the stock market. Its hard to put into words how intense the market was this year with everything that happened. But by the end of it all we were able to pull away a 35.49% return with only 14 days of trades throughout the year, where we either went full long SPY or full short SPY. We are very happy to beat the S&P 500, which ended the year with a return of 23.5%. Its hard to believe that the S&P ended the year in the green by such a large margin after how the year started out. Keep in mind that the S&P is still about 30% from its peak in 2007 after this big rally back.
We are hoping that this upcoming year will be just as profitable for the Naked Hedge Fund and in turn you.
Below is a PDF with the NHF weekly. Click on it for the 2 page report.
Thanks NHF and Happy New Year to you!! Im hoping it will be another profitable year for stocks as well no matter which way they go.
Strong Start!
Definitely a good start to the year.. a good rebound after that late selloff last week.