Tuesday, December 9, 2008

Trading Update

I sold JNJ at 58.13 for a gain of 3.8%, leaving me a new balance of 36,045.95 for my friend. I was pleased to see some inverse ETF's in today's picks, so I split the balance plus margin between two, SRS and SKF.

I thought I would explore outside of my favorite ETF, and it appears to be paying off. I will close these positions at the end of the day or at the first sign of a bullish recovery.

Have a good one - Roger