Returns for week ending 6/3/11

Returns for the past week:
"New" model portfolio: -1.6%
Actual managed account: -0.5%

Value of $10,000 invested in model portfolio at inception in 2003: $277,344

I continue to hold significantly more cash in my actual managed accounts than in the model portfolio shown here as we await a fresh T/TM BUY signal. This accounts for the difference in performance between the model portfolio and the actual managed account.