DISPOINTING QUARTER

STX

Sold my entire position of STX ($18) this morning. I should have known better. To add position at this point is rather risky when market has run so much so fast, particularly with a less quality name such as STX. On the other hand, I could have picked YHOO or INTC, both quality names, but I would have suffered more. Looking at the portfolio, I believe it is reasonably defensive. A few tech names have good fundamentals to withstand this sell-off.