MORE ANXIETY

UNH

I continue to experience performance anxiety, particularly in the area of tech. I really should not be because a rather significant portion of my portfolio are in tech (MOT, ORCL, NESS, AUO, WEBM), and all of them are performing rather nicely. I could feel my inside would like to add more tech positions. But this is exactly not the point to do so. If anything, I would peel some positions.

One area I should add on is health care, which continues to take a leadership position in this rally. Long term outlook is also strong. I am under-weight presently, particularly in the large cap area. I am considering to open a small position on UNH, which released its result this morning. This thing has been going up for a long time. Well, I have missed most of the raid, but better late than ever. Another name is ABT, which released rather decent results, but was sold off severely, most due to concerns of gross profit margin. I thought this might be an opportunity to pick it up with a reasonable entry price.

The PD idea turns out to be a absolute disaster. As its loss mounts, I am having a tough time to cut loss and run here. My energy stocks have not been performing well. It tends to move slowly when the sector moves and drop like rocks when the sector falls.