Tuesday, November 27, 2007

Holiday Rally

I used the proceeds from my Currency ETF trade to take a rather large position in DIA - Diamonds (Dow Jones Industrial Average Index ETF). I also topped off my long term holdings in FSPTX - Fidelity Select Technology Fund, FSPHX - Fidelity Select Health Care Fund, and FIGRX - Fidelity International Discovery Fund.

We've just had a 10% correction and we're heading into the traditional holiday rally season. I think the prospects are good through the first of the year. I don't expect too hold DIA after the first of January.

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