Saturday, December 13, 2008

 

PickLogic Progress Report: 1 Month In

Well, it's now been just over a month since PickLogic made its first NBA pick of the 2008-2009 season. After a rough start (1-5 over the first six selections, with 3 losses followed by a win, and then 2 more losses), it's been smooth sailing since.

We've gone 11-3 over the past 14 selections, with 2 four-game winning streaks thrown in (including the one we're currently experiencing). Our overall 12-8 record has translated into some very nice profits for our clients: we're up nearly 6.2% in just over a month's time.

For those of you who have $10,000 accounts, that's a tidy $620 profit -- not bad for an investment, especially in these uncertain times (and for those with higher accounts, well, it probably seems like Christmas has come a little early!).

Now, do we expect to make selections at a 60% clip all year? Not necessarily. PickLogic isn't designed to win much more than half of its games: the main focus is on avoiding long losing streaks. Assuming we can continue to do that, our clients can expect to continue to see their portfolios rise throughout the year.

As many of you have been doing lately, feel free to ask questions by sending an e-mail to support@picklogic.com!

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