Thursday, December 24, 2009

Follow on Trades

Buy 1/4 position in AIXG for a bounce to 37.5, strong stock in a strong area.

Would add 1/4 pos shorts to MHK, GMCR and PALM. Start 1/4 pos short in AAPL b/c of valuation reflecting expectations of perfection and the hype of a January announcement.

Looking to short oil on a rally to ~39.5. Trend is still down, weak economy.

(I'll start posting a table once this gets a little more complex.)

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