Current Positions 4/8/2011

Im a bit overloaded on stuff. Need to raise some cash. I plan on trimming 1/3 off most things at the open its been a crazy good few months. For every bad trade there are 2-3 good ones and thats what you want to see in your holdings. As you know with me Im very quick to cut loose something if its a total dog as im always in search of the right stocks. Many people will hold a terd forever thinking they are being patient with the stock. Im not patient with a crappy stock but I am with a stock that has fallen but is still in the range of it being a setup. When we bought BLTI at 4.95 it fell to 4.8 2x and everybody sold the stock. But if you look at the chart it never breached support. Thats a stock that is showing slight weakness (if u can call 15 cents weakness) but its still above support so there is no reason to sell it. Remember that when you are getting rid of certain stocks whether its a sell because its dipping or if its a sell because the setup has become invalid. two totally differnt thing!



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