4 Month Evaluation

This was a bad month the portfolio. This evaluation is late due to the planning of a new site format. As of (November 1st), the S&P 500 gapped down 1545.79 and as of the close on (November 30th) the S&P 500 was at 1481.14 for a loss of 4.18% (if you call that a real gain) . The J Stock Portfolio assets began this period with $137107.00 in assets (stocks and cash) and ended the period with $115598.00 for a loss of the month of 15.79%. This has easily been our first negative month (so far) and will be used as a lesson in what NOT to do in the future during a market where bidders on smaller cap stocks fail to show up. The S&P 500 was horrible, but our portfolio was worse and here are some of the lessons learned.

1. More partial profit taking was a good idea but more liberal profit stops are needed to keep the gains we have .
2. Better timing around earnings and major upcoming events to eliminate 'surprise' gaps

MONTHLY SCOREBOARD

J Stock Report: 3
S&P 500: 1

STOCK PORTFOLIO GAINS SINCE INCEPTION (8/1/2007)

J Stock Report: 15.60%
S&P 500: 1.79%