Current Portfolio

Portfolio Comments:

The S&P 500 delivered a five-day winning streak and almost made it six in a row. The trend is up and money managers are still chasing performance. Look for pullbacks to be smaller than you might expect.

Last week was a good one for the play list. CRM, KSU, and SGY (in red font on the table below) all hit our exit targets. I also decided to drop DBC for lack of performance.

Currently we have eleven stocks on our watch list.

BEAV - BE Aerospace Inc., trigger: $15.00
BG - Bunge Limited, trigger $61.00
COST - Costco Wholesale, trigger 51.50
ERJ - EMBRAER - Empresa Brasileira de Aeronáutica, trigger $18.50
ESV - ENSCO Intl. Inc., trigger 38.00
IGT - Intl. Game Tech., trigger $17.50
MEE - Massey Energy Corp., trigger $23.50
MTL - MECHEL OAO, trigger 13.25
MTW - Manitowoc Inc., trigger 7.75
SPW - SPX Corp., trigger 58.50
X - United States Steel Corp., trigger 37.50

Disclaimer: At any given time the author may have positions in any or all of any companies mentioned in the Leaps Newsletter.

--Position Summary Table--
Table lists Directional CALL or PUT/LEAPS only.
Insurance puts, if applicable, are not shown.

Red symbol/name represents a dropped play this week.

Jim's portfolio and updates has been included in the normal play updates section.