Bottom Line: The Portfolio is higher mid-day on gains in my internet, security and software longs. I added a few new longs from various sectors this morning, thus bringing the Portfolio to 125% net long exposure. One of my new longs is AUDC and I am using a $15.25 stop-loss on this new position. The tone of the market is slightly positive today and I expect stocks to rise into the afternoon on falling energy prices/interest rates, short-covering, more optimism and year-end positioning.
Thursday, December 30, 2004
***Alert***
There will not be a mid-day report today due to a scheduling conflict.
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