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Tuesday, March 30, 2010

Portfolio update

As announced in the previous post, the shares bought a year ago were sold at yesterday's close, with exception to Coach which will still be part of the portfolio.

So we have at disposal $28,600 in order to spread around 5 new stocks which were announced once again in the last post. These new 5 stocks will be bought after I see a meaningful correction which should occur shortly due to the fact we're walking in some extreme sentiment measures, so I'd at least expect a minor correction.

There is of course the risk of missing the boat on a new run off of the markets.

We'll see...

So far the portfolio stands like this:

Technical measures still favor a correction around these levels.
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