Portfolio changes

Sadly, Sandisk hit our $71 stop limit. We net 10.1% in 2 weeks - not bad, but I like Sandisk. I think volatility will hit the market again and we'll buy back in.

Akamai and Seagate are showing strength - up @20% and 30% respectively since we bought 2 weeks ago.

Given volatility and some potential buy opportunities this earnings season, we will be moving quickly. The Sandisk sale gives us $30K+ cash for some purchases.

In the meantime, these are the new stop limits

GILD 56
MRVL 62.5 (new)
JLG 47 (new)
JOYG 43 (new)
MDR 46.5 (new)
AKAM 22 (new)
STX 24 (new)

Short term Strategy
The theme is locking in gains. With the volatility this earnings cycle, we want to catch some stocks on the high and possibly buy back on a down day.
Locking in - We've tightened some of the stops.
Buying in - I will do a short list of stocks to buy and price targets for buying in.

Be careful - This is a brutal market. One stock I own just reported record earnings (PCP) but sales were off a bit (~1%), and they got slammed - down 10%. I expect them to move back up, but the point is that these stocks have risen out of expectations of perfect performance. Every single Liverocket stock is at or near 52 week highs.
'Great' works for the intermediate term, but 'great' will hit the price in the short term. Results must be perfect or prices will soften.

There will be some fast moves in the next few days, so get ready. The $30K cash needs to be invested.