Equities Roundup

I was a little pissed this morning when the momentum signals were firing long on my futures charts, but I wasn't getting any traction. The multiple misfires together with the lofty areas we sat at, convinced me to take profits beginning at 11:00 Cali time. I started slow and accelerated as I saw the futures selling off at a wicked pace. I completely closed some positions and peeled off shares of others. The list is below:

AVNX: Sold 1/2 position, 20,000 shares, at $1.81 (-2.6%)

VMC: Sold 1/2 of current position, 200 shares, at $91.40 (+4.4%)

BWLD: Sold entire position at $41.06 (+7.5%)

LOGI: Sold entire position, 800 shares, at $29.29 (+1.5%)

ROCM: Sold entire position, 1000 shares, at $17.17 (+8%)

XFML: Sold 1/2 position, 2,000 shares, at $9.03 (+18%)

CNTF: Sold entire position, 4,000 shares, at $7.45 (+62%)

CTSH: Sold entire position, 400 shares, at $82.86 (+7%)

New acquisition APA held up nicely today leading the way with a 2% gain. TECH and D were green today. ALVR ripped me anew one. I feel fortunate that I peeled off shares before this meltdown started.

I have raised enough cash over the past 1-2 weeks of selling to be well positioned to jump in on bargains when this shit settles down a bit. I am sitting at 50% cash value, up from 20%. I will get aggressive when this thing decides to break to new highs. In the meantime, my scanner will be begging for mercy.