My ASX stock market game performance

I have entered a stock market competition, trading in Australian stocks.
https://myasx.asx.com.au/home/myasx.do

This game is run by the ASX (Australian Securities Exchange), it runs for 3 months so it's not really a serious demonstration of trading skills.
I entered the game late a couple of weeks and unfortunately it gave the leaders about a 10% advantage.

I have risen in the rankings to #104 and hope to be on their leader board soon. Not sure that I can win this comp given its short time frame but I will give it go.

National performance summary

Your portfolio value was	$54,569.38
Total number of ranked players	11561
Your ranking was	104
Average player value	$47,964.92
% of players in profit	25.88%

My Marketocracy holdings

Below are my current holdings.
Quarter 1 was terrific for my fund up over 27%. And so far this quarter I'm up over 7%.

I am very concerned about the current short term market state. Terrorism strike, Peninsula tension, Iran hostility, euro debt all have me edge. I have already sold several positions and may increase my cash position. If the market deteriorates quickly I'll buy into short etfs.

My Fund continues to feature in Marketocracy's M100, and it is ranked #1 for 3 year returns.
The link below shows its 5 year return. I will shortly overtake Justin Uyehara for the #1 ranking in 5 year returns if my momentum continues for another month or two.

http://portfolio.marketocracy.com/cgi-bin/WebObjects/Portfolio.woa/ps/FundPublicPage/source=MlPfAlMhDnDkElAdMaKiAbOc/maxDays=1826

Symbol	Value	Inception Return	Days Held
ACAD	$693,840.00	367.39%	159
Cash	$466,731.00
CSU	$234,175.00	44.20%	155
GILD	$214,281.20	48.97%	2692
SNTS	$288,824.90	41.07%	75
MDSO	$233,398.20	36.29%	159
DYAX	$234,666.60	33.05%	158
CBPO	$246,367.50	30.40%	50
NEO	$197,845.80	16.78%	53
F	$262,400.00	13.55%	173
ACRX	$199,715.20	0.02%	62
AMRI	$166,332.80	-18.13%	1792

Note - My portfolio does not hold real money. It is part of a stock market simulation @ Marketocracy.com

Medical Stocks Watchlist

Sym	Volume	Market Cap
ACAD	17,451,801	1,031,730	d m
GILD	10,698,899	78,714,144	t
MNKD	9,516,899	1,241,020	s
MTG	7,526,400	1,064,120	d m
RDN	4,953,800	1,956,830	t m
KERX	2,162,800	661,620	s m
NVAX	1,814,200	397,970	s
ASTX	1,497,600	592,340	s m
SNTS	1,477,800	1,115,820	t
THC	1,368,000	4,423,010	d
ISIS	944,800	1,956,100	d
SGEN	878,400	4,482,700	s
CLDX	834,400	966,380	t
AEGR	700,100	1,113,830	d m
CYH	661,600	4,003,560	t
ACRX	520,200	222,360	d
SNTA	475,500	722,320
SGMO	467,800	562,870	t
DYAX	414,300	438,910	t
PCRX	398,200	956,820	t
INSM	364,000	231,990	s
TEAR	286,700	215,450	t
CADX	255,000	603,110	d
FVE	242,600	329,440	t
ECYT	229,800	504,750	s m
AMRI	204,700	307,100	d m
CSII	153,200	436,640	d
PAMT	145,500	106,790	d m
MDSO	141,400	1,462,520	t
CSU	139,900	734,360	t
PBYI	95,000	916,420	t
DRRX	94,400	131,430	s
GNMK	81,800	453,040	t
NEO	72,100	195,890	t
STRM	71,300	90,250	t
LCI	60,900	302,920	s m
ADUS	56,800	137,930	d
CLVS	45,400	811,120	d m
AXDX	42,600	245,030	t
CBPO	13,500	712,930	d