I am selling a portion of the Apple stop I was buying all around $120 the last few months. I got $138 plus and it’s already $139. $140 is where I was stopped out of the stock a few months back after breaking it’s long term trend.

This stock has just been so good to me and it’s the one technology company with true growth. I love Apple.

Doing nothing with my Amazon, but trying to get my dauhter’s Kindle repaired.

My financial shorts and China shorts were really good to me (took them both off last week – see Twitter) and I am adding SKF again below $100 (I think it hit $150 last week), so I will try and capture some volatility here.

I am also short Fannie Mae at around $33 average price now. Not sure if this is a quick trade just yet.

I would love to really bitch and moan about Bear Stearns, but lot’s of good writers chiming in. The real point is that trend followers like me were just watching and should continue to watch. Plenty of action in somewhat healthy stocks that are less whipped around by news and headlines.

I assume Jamie Dimon knew he was getting a steal and there was a clause somewhere deep accounting for this scenario of Bear rising hard. Maybe his final price settles in at $15-$20. Man has the fed opened pandora’s box.