Thursday, December 30, 2010

Position Update

Currently running the portfolio at a gross leverage of 65%, and net short of 21%. A slightly bearish posture given the size of the rally. Somehow the skeptic in me is screaming SELL SELL.

Outright shorts in the portfolio now are

1) MAR -1.7%
2) PLL -9%
3) TIF -3.8%
4) CBU -6%


Long/Short

PNR/PLL
RE/PTP
HPQ/ORCL
UMPQ/CBU

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