Sold The Duds

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December 6, 2007

UVE – continued its drop today killing a once profitable position to minus 3.5% today. I cut the chain baby. I’m not sticking with stocks that won’t participate in a year end rally.

UA – I cut UA for a 20% loss. I didn’t want too, but it looks like its not going to move strongly for the rest of the year and as I said above, I want stocks that will run with the market.

Bought MTW. The infrastructure stocks are looking very very good right now. MTW, SGR, FLR, FWLT, CBI (new high today).

I sold DAR taking a 2.5% gain. I’m going to be really nimble with this one because of the last breakout attempt where I got burned, and jump back in if I get a pullback.

I also forgot to mention I sold TBUS yesterday as a source of funds…sticking with my theme of dropping the shit.


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