LONG
Gold bullion: 24% portfolio weight (15.8% gain since entry June 2)
U.S. financials: 24% (entry July 14)
Crude oil: 16% (+48.0% since entry April 21)
Japanese/Asian equities: 14% (+1.3% since entry July 7)*
Russell 2000: 11% (-17.3% since entry June 23)
Long-dated bonds: 8% (+1.4% since entry Aug. 13, 2007)
Natural gas: 5% (-22.1% since entry June 23)

SHORT
n/a

CASH
39%

CLOSED POSITIONS (July 14)
U.S. financials short: +26.3% since entry June 16
S&P 500: -14.5% since entry April 21
NASDAQ 100: -1.3% since entry July 7

Notes:
- Positions are as of the morning of July 14, 2008. Numbers may exceed 100% due to leveraged trades or may not equal 100% due to rounding.
- Returns are not adjusted for leveraged positions. In other words, these are the actual returns in my accounts, except for the Japanese/Asian equities trade (see note below).
* Japanese/Asian equities profit is based on the Nikkei's return since the beginning of this signal.