990601 Portfolio down by 13.4 points w/e August 6, 1999
Saturday, August 7, 1999
Unit values fell from $C19.73 (990730) to $C17.45 (990806) i.e. from accumulated gains of 17.7% (990730) to 4.3% (990806).
All the stocks in the portfolio finished the week down in price except Jaws Technology, which gained a cent despite the uncertainty surrounding the Jim Morrison issue.
Ecompark (formerly Storage One) fell to 70 cents in the week but bounced back to finish the week at 80 cents (19% off for the week)
Homeseekers fell by $1.34 for the week due to profit taking. In a choppy market such as we currently have investors continue to lock in their gains continuously.