Friday, March 12, 2010

Position Update

We added CAT NUE POT swings today, and sold 1/2 of the MOS swing into the gap. We're also looking to buy back the RIMM we sold yesterday into a pull-back. We constantly trade around our core positions.

We currently hold SPY short, and are still long GMCR RIMM QCOM MOS COG plus new positions CAT NUE POT today.

Update: We are getting slightly nervous with crude move down and have added to the SPY short, and taken a few profits on our positions to raise cash. Going into more conservative mode.