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

New Trade (Forest)

Long IP at 26.98, Short NP at 18.6

Add to GSK/NVO (Drugs)

GSK at 37.7, NVO at 78.21

New Trade (Energy)

Long BRY at 29.36, Short SFY at 33.58

New Trade (REITS)

Long KRC at 31.78, Short EQR at 39.53

Close out (APD/MMM)

APD at 74.6, and MMM at 81.05

Close out (PH/SWK)

PH at 64.45, SWK at 57.85