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Like I said before, a strong market correction is likely on the horizon. In order to clue everyone in on what I did today in one post versus many individual ones, I will give quick-takes below:
-Sold InsWeb (INSW) at $7.20 for a whopping 5% gain (in 3 months).
-Bought more Macy\'s (M) at $42.39, due to buyout speculation.
-Sold Broadcom (BRCM) at $33.00 for an 8% gain (in 5 weeks).
-Sold Syntax-Brillian (BRLC) at $6.85 for a 27% gain (in 1 week).
-Bought QID (an ETF that shorts the QQQQ) at $41.00.
-Sold Short Baidu (BIDU) at $195, betting on a nice market correction. |
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