Overall, Revamped my position currenly here is the portfolio:
QID 18% (short the Q's)
CELG 14%
DO 25%
X 5%
FCX 19%
CLF 14%
CASH 5%
I am also going to buy more X come Tuesday and will look to lighten up my mineral position with FCX and CLF both in the portfolio but both have been on fire. As long as the S&P stays above 800 on the close I will stay long. We break it on the close. I will close all my longs and go short. Finnies are still to be had and I will be looking to buy MS JPM on any weakness. Jamie Dimon commented today that JPM is having a tough coupple months and man would I love to see a bad quarter to get back in this puppy. Anything bad will turn the market south with the Finnies leading us out with Tech also. GL peeps!
Target buys
MS below $19
JPM below $20
here is the link for the Dimon comment
http://www.reuters.com/article/marketsNews/idUSN2735918020090327
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