Past Performance, and a New Portfolio

So. Some of the options that I had invested heavily in with the virtual portfolio paid off, namely the $40 puts on Advanced Micro Devices Inc. (AMD) and the $45 calls on Bank of America Corp. (BAC). With Advanced Micro Devices, I saw an unbelievable price/earnings multiple of 100, and thought that if I waited long enough there would be a downward draft. With Bank of America, I saw an extremely low price/earnings multiple that I thought had to move up. Granted, there were other options that I was holding that did not move in my favor, but these two did to the tune of a few hundred thousand dollars.

I had mentioned in my first post that I had previously monitored my virtual investing with a Fall 2005 Virtual Portfolio, from 9/9/05 through 11/18/05. This first virtual portfolio ended with an equity value of $1,082,951.37, or an approximate 8.3% return over a 10-week period.

I ended the recent Winter 2006 Virtual Portfolio, which was from the period 12/30/05 through 3/17/06, with a net equity value of $1,198,038.49. This is equivalent to a 19.8% return over an 11-week period.

Recently I began a new Spring 2006 Virtual Portfolio, managed again by Stocktrak. This is part of a National Investment Challenge through eFinancialCareers.com and Merrill Lynch.

Here is a link where you can view the current allocation of this new virtual portfolio, as of 3/24/06:
Spring 2006 eFinancial allocation 3/24/06