Friday, July 17, 2009
I'm still on holiday, but vacation or not I still answer to the market. And the market has been rumbling. The quality of this rally looks compelling enough to get involved and to a reasonable degree I have.
Being on vacation though means I am not following things minute-to-minute (I have been known to leave the house on occasion); my system is victim to internet outages (a result of some tremendous thunder storms these last 2 days); and my other system is prone to indulging in large quantities of food and drink (the market is open well past vodka-and-oyster hour in this time zone); and other things.
At least I refuse to write!
Total Position: 100% net-long, 41% invested
Currently Long (according to size): EWT (7.1%), MRVL (6.5%), BIDU (6.4%), SNDA (6.1%), CYOU (5.5%), NTAP (5.4%), TLEO (3.6%)
Currently Short (according to size): no current position
Futures Accounts: no current position