Tuesday, May 15, 2007

Sold Half My Portfolio

I did massive selling before the close, frankly because I need some cash for other things. I figured now was a good time. For some reason I have a strong feeling the market is about to lose momentum.

I sold: AAPL(partial), SHLD (partial), GOOG (partial), MVIS (partial), RIG, DEEP, IBKR, LNN, FMCN, ICE, BWLD

4 comments:

BABY TRADER said...

Smart move ragin'....the market does feel like it is running out of reasons to keep going up (other than the DOW 30)

IIO said...

I think that was a good move as well. Today's nasdaq-dow divergence is an omen.

Broker A said...

pussy.

Ragin' Cajun said...

Damn, that hurts coming from the King! But, you have to realize I had double digit gains in most names, I was merely taking profits. Plus my Lexus SC 300 is almost out of commission, I need a new ride. So I decided now was a good time to make a withdrawal.