Wednesday, October 29, 2008

Nice Rally

The market has had a very nice rally the last two days, and so I decided to take some profits as I know the market will drop back down again. Sold 20% of my holdings in FRO, POT & CAT.

Sold FRO @ $31 + 24%
Sold POT @ $82 + 26%
Sold CAT @ $37 + 23%

I will be looking to buy shares back again when the market drops back down again. I wouldn't be surprised to see these back at the entry points I posted as soon as next week...

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