I’m in a hurry, thus the quickie trade update. I’ll go into more detail in my next post.
I exited NOV for a nice gain.
I exited my index and gold plays, DDS, NEM, DBA and SSO for small to moderate gains.
I exited GMCR for a loss.
I took new positions in BCSI, SII, UA, SRS (short real estate), GS (short) and LEH (short).
I am looking to buy some momentum favorites on weakness, including AAPL, RIMM, GRMN, FLR, NOV, OII, FWLT, DRYS and CROX.