2011 Year To Date (System):  +11.00%
2011 Year To Date (Actual): +0.40%

2011 Year To Date Options (Actual): +0.00%
2011 S&P:  -(7.87)%
BladeTrader Performance Against S&P: +18.87%

 

Lets review our last comment: 

"The above represents our last comment on the current economic crisis and the prediction has come to pass and fairly accurate. Our 1250 target for 2011 still stands. Look for a test of 1230 as we gear up for 3rd quarter earnings reports.

Overall, we feel 1250 will have significant resistance.  All eyes are on Europe regardless of what the U.S. corpoate picture looks like (which is quite positive).  Overall, a lot of optimism is in the market and this is a good thing. 

The job market will continue to remain at 9% for some time as America goes through the understanding that it's potential workforce is competing globally now.  For those that have been reading these articles over the years, the book "The World Is Flat" clearly demonstrates that we are a global community now and we must compete globally and to be quite honest, Americans need to be more aggressive with their education and ambitions--its no longer a sure thing to work at a firm for 20 years and have a retirement package.

In general, we expect the optimism to test 1250, possibly even 1275 over the next couple weeks as we work through earnings season."

The market has had some amazing ups and downs, this year has been volatile with 100+ moves in the DOW and sudden 10% moves in either direction.  

Overall, we still feel 1250 is the target for the year as Black Friday appeared to be very positive with shoppers buying exactly what they wanted versus "boom" years in which shoppers went blindly into stores buying anything at a discount.  This is good news for America as we get back to normal spending patterns along with saving.

As we close in on the end of the year, there will be some changes.  This year was more about getting ready for next year than about trading.  Running an algorithm to prove its good and offer solid advice is one thing, but when its time to move to the next level, it takes more than a good algorithm, it takes some planning. 

From this point forward the updates will be monthly and be in line with other investment advisors and hedge funds.  Many only report quarterly, but for now Monthly will suffice.

Our capitalization plans will continue, but there will need to be some additional structure around it, mostly adding a dedicated resource to handle the requests.

Technology and management will be split into seperate parts.  The technology will simply focus on making great investment decisions while the management will simply focus on capitalization, fund build-out, and corporate relations.  The too lines need to be seperate to ensure good investment decisions.

Finding good technologists is simply too difficult, and too expensive.  Finding a manager to run daily operations should prove more fruitful. 

  Over the last several years I have been personally supporting the technology, the business, the advisement, and corporate relations while at the same time facing the prospects of having to deal with the end of a contract or employment.  At the end of 2011, we will need to make some changes as employment with a major hedge fund comes to an end and we need to find new ways to move the organization forward.  This is the perfect opportunity to make such a move. 

I realized a long time ago that I could not wear all hats, and that time has come, we need to have a new "Pepper" to help stear the ship.  Pepper supported all the activities that allowed me to focus on technology, and we need to get back to that.

The technology is complete, but always improving. Over the years I have gone from contract, to FTE several times, and over those years its been difficult to move Trizen forward.  With a dedicated manager, I think that will be much more possible especially now that we are in our second year of proven returns.  Corporate relations can have better access to the operations of Trizen, and the technology can be free to exist without external influence on returns.

I am currently looking for a young entreprenuer to manage our day-to-day operations, while I focus on the technology as I have been doing for the last several years to make payroll. 

I turned 40 this year and after managing a lot of young programmers I have realized that I can't program till 2:00am living on nothing other than Mountain Dew and Red Bull.  My weekends are focused on raising my four children and preparing for travel to and from New York, Chicago, and anywhere else I have been stationed rather than testing the latest tech.  To that end, we need to find some young talent and not just management talent, we need some young technologists.

With that said, this December I will have about 30 days of freetime to finish all current development, hire some management, coordinate with existing management, and correspond with all shareholders.  This includes the opening of accounts, the opening of a "pool" wherein you don't have to open an account of your own, and build a structure to better facilitate everyone's needs, including my own. 

So what does this mean for you?  Well, since this has been in the works for some time, not much will change, this has been part of the plan for a long time and if anything, there should be better correspondence and traction.  We need three years under our belt as we stated at the onset, and at the start of 2012 this will represent the beginning of our third year with our investment technology.  At the end of that third year and the start of 2013, we need everything in place.  Looking back, maybe we jumped the gun a little in 2011 regarding the opening of accounts, but without that I would  have never known there was so much still left to do, I think it was a blessing in disguise that I got overwhelmed, because now I know we will be ready in 2013.

This also means we should finally realize some traction with fund raising, pool raising, and other areas that have appeared to be going slow.  Trust me when I say, that we are moving according to the three year plan that we started in 2007, developed through 2008-2009, and implemented and let run in 2010.  This is a long process, but it must run its course and 2012 will be the last year in the three year implementation and "live" run in preparation for bigger and better things.

I am really excited but I need to transfer some of this to the new management.  I will continue  to demonstrate and communicate with investors, and not much will change, but there will be some new faces to better move things forward.