Archive for July, 2008

Goodbye Harry

With losses showing for all 3 Funds for October i’m already looking forward to November’s games.  But before then I guess I should try and reflect on the month gone.  It’s not great looking back on a losing month but it may be useful if it can highlight any obvious errors or show it was just part of the randomness of results.

Firstly, a word on Harry’s move to Spurs.  I’ve always believed Harry Redknapp was ‘pound for pound’ the best manager in the Premier League.  Only Martin O’Neill comes close.  If you’re a Chairman in need of silverware and don’t speak Russian then Harry’s your man.  Expect to see some new faces at White Hart Lane come January and forget 40 yard cross-field balls or Cinderella turns.  Harry will build a team of strong, technically gifted players who earn their money and play for the team, not for the glory.  Good luck Harry and good luck to Tony Adams back at Fratton Park.

Continued

Super September

It’s been a very profitable month for all 3 of the Algorithm Betting Funds.  Especially pleasing is the performance of the Championship Fund which had a poor start but has returned to the excellent form it showed in backtesting.  The gains in the Fund prices for September are 59% for the Championship, 35% for the Premier League and 81% for the Trading Fund.

The Trading Fund flew through the hurdle of trebling its starting price with gains to date now standing at 266%.  The Premier Fund also now approaches its first hurdle of a doubling in price; the Fund is currently on gains of 94%.  Both of these funds have been operating for around half a season.  The Championship Fund is yet to pass 2 months old and currently stands on gains to date of 23%. Continued