Weekly Performance (17 March 2007)
In another difficult week on Wall Street our Watch List portfolios continued to fare fairly well. The performance this week was somewhat mixed, but all the watch lists continue to outperform relative to their relevant benchmarks since inception January 31.The Small Cap Watch List (Track at Marketocracy) lost 86 basis points this week, against a 56 basis point loss in the S&P small cap and an 81 basis point loss in the Russell 2000. It continues to beat its peers by a wide margin since inception.
The Mid Cap Watch List (Track at Marketocracy) turned in the only gain this week, a meager 28 basis points. Still, the S&P Midcap lost 1.07%, so the relative performance gap widened substantially.
The Large Cap Watch List (Track at Marketocracy) lost 1.19%, against only a 1.13% loss for the S&P 500. Since inception the watch list clings to a tiny advantage.
Our legacy (June 2006) watch list fell in line with most markets and our personal holdings managed only a 24-basis point loss, which was pretty good this week.
