New Trade (FRX)

Long FRX option Nov 32.5 buy in at 1.25

Close out MRK - Keep FRX

Close one leg of FRX/MRK trade. Close out MRK at 36.79

New Trade (Chemicals)

Long Mon at 69.9, Short ASH at 58.52

Close out (DD/ALB)

DD at 38.72, ALB at 43.31

Close out (BRY/SFY)

BRY at 31.73, SFY at 33.75

Close out (DOV/IEX)

DOV at 46.72, IEX at 33.19

New Trade (Medical Devices)

Long SYK at 57.19, Short VAR at 56.14

Close out (IFF/ECL)

IFF at 48, ECL at 43.6

Finally going a little short

Equity markets seem to ahve gone too far too soon. Adding my first directional bet in a while now. Short NVO at 79.2 (Buy one put at $2.12 Strike 75, and Maturity of June, 2010).

Close out (NWL/RDEN)

NWL at 15.59, RDEN at 18.16