Tuesday, January 26, 2010

Bookkeeping: Cutting Back 80% of Skyworks Solutions (SWKS)

And the hits keep coming; another name breaking below the 50 day moving average today - we're letting loose 80% of Skyworks Solutions (SWKS),around $13.50 - much of which we bought back just last week after a good earnings report that seemingly does not matter one iota.  All we can do is a make a list of the companies who are executing and wait until a better moment in the market to buy....

This sale pushes us down to under 20% long exposure overall in the fund.

Long Skyworks Solutions in fund; no personal position

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