Sunday, January 2, 2011

End of Year Selling.

With all the holidays I forgot to mention two sales I made on December 30. The main reason to sell: I think that most of December run was just a window dressing and wanted to sell into it to have more cash in the new year.

Sold part of Intel (INTC) position. Stock traded in the 18-22 range most of the year and I don't believe it's going out of range any time soon. Will buy back under 19.

Sold full US Bancorp (USB) position. I usually don't hold financials. Picked it up when all banks were in a hole, how is time to sell.

Seeking Alpha Certified

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