Thursday, November 09, 2006

CSCO - made the trade

Sold 173 shares at $26.92, turning a very nice profit. Bought up SHLD, NYX and initiated a position in GME. AIG is on deck to report tomorow, I'll sell into Monday's strength and firm up my cash position. My current portfolio:

Stock Shares
AAPL 25
AIG 44
CSCO 75
GME 38
NYX 23
SHLD 12

I'm not sure how good of a play CSCO is for the rest of the year. I could sell CSCO into any future strength, and buy a drug stock - possably Arena (ARNA). Overall, a blow-out week for my portfolio, up 7.5% this week.

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