Sold all of my QLD and UWM positions into this strength. Still have the chopped mutual fund position that I talked about yesterday.

Bought: SNTS @ 2.44, VPHM @ 11.12

Both of these are drug/biotech stocks.

**Late edit. Don’t know if RSS readers see this once a post is published, but Sold the July 90 ICE calls @ 5 for a gain of 13.6%. I should have had the August calls on this one, but alas…

If you like this post, check these out too

• July 17, 2008 -- Did Earnings Screw The Pooch?
• August 11, 2008 -- A Huge Market Move
• August 8, 2008 -- Weekly Recap
• August 8, 2008 -- I’m Outta Here A Great Day A Great Week

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