Tuesday, 22 February 2011

Portfolio update

Finally we have a pullback in these equities, with the DOW down triple digits as I write. With the on going middle east tensions I would expect further market weakness over the coming weeks, so hopefully this will present some good opportunities to get into some stocks.
The current portfolio seems to be going ok, with the drop in AGCO being hedged with the short in NTCT. SWHC remains resolute, and is nearing the 4 buck level. I would be tempted to take profits if it reaches there. Right now I remain on the sidelines.

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