Wednesday, November 5, 2008

FPO & MENT

I just bought to cover my FPO shares at $10.60 for a $.57 gain per share and a %5.10 return. That ought to help offset my loss on ALY.

I did short sell MENT at $6.82 yesterday a few minutes before the market closed because the technical set-up was too strong to resist! I wanted to remain in cash, but this one seemed really ready. Its looking ok for a gain thus far this morning.

QCOM is looking riper for a sell, possibly later today. I'll keep a close eye on all positions today.