Wednesday, August 8, 2007

Cut back 3 positions: Mastercard (MA), Ctrip.com (CTRP), Riverbed Technology (RVBD)

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I cut back positions by about a 3rd in these positions. While I am not trying to position this fund as a very short term trading fund with most positions; these stocks had run up quickly from positions I bought earlier this week.

Mastercard (MA) is close to hitting a key resistance area as well, so I took some short term profits on all 3, hoping to add more on pullbacks.

Long RVBD

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