Welcome, The Smarter Investor is here for sharing ideas and technical analysis. Main focus on equities but also bonds, options, and FOREX.
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
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment