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
Tuesday, December 9, 2008
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