Bookkeeping: Cutting Tibco Software (TIBX) and F5 Networks (FFIV) Back by Half

Aside from gold and silver these are the 2 main long positions we've kept on the sheets due to relative strength but that same strength keeps whipsawing us.  I sell when they break support (at which time they shortly reverse back up) and then I am buying when they 'break out' (at which time they shortly reverse back down).  But one has to be systematic and stick to a plan.

So once again, after adding last week - I am going to cut these back by half as they both have now broken support.  Last time I did that a few weeks ago the market rallied from -3% at the open to flat on the day after testing low 1040s.  Let's see if this will be a repeat.

As an aside, both may have just formed 'head and shoulders' formation which I am seeing in many stocks, who on this last rally attempt did not get up to the highs of early May, forming the 'right shoulder'.  That could bode ill in the future.  We'll see. 

Long both names mentioned in fund; no personal position