Wednesday, March 21, 2012

Technology ETF XLK

Went long a very small speculative position in XLK around $30. Very tight stops just under last support around $29.75. I like this because of apples new dividend announcement. Fund limited to dividend only stocks will now be scooping this up hand over fist. AAPL is 19% of XLK, followed closely by MSFT and IBM around 7%. Set and forget time. Risking only 2% of capital

No comments:

Post a Comment