• Howie Town
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  • Taking some more profits in 2006, but buying a little Apple for a trade.

Taking some more profits in 2006, but buying a little Apple for a trade.

I have been pretty leveraged the last 6 months. Start-ups, angel and venture investing and stocks. Impossible to avoid stocks with all the new all-time-highs the last 6 momths.

I remain very bullish on things that I control and private investments, but am going to seize the amazing stock market run of the last 5-6 months and book some more profits. I do not short stocks, so the only hedging I do is with cash and I am currently leveraged in my stock portion of my fund.

I already said goodbye to RIMM last week. Four stocks I will sell portions of this week are RENT, EWM, PFWD, MFW.

Back in May I added RENT, EWM and PFWD. All three have been nice winners. I would like to wait until 2007, but I don’t let tax decisions stop me from booking profits. I am sure this is another reason I remain a thousandairre.

MFW was a very recent purchase (December 14th). I also added back Smith and Wesson in the low $10’s, but MFW has shot straight up 25 plus percent and I will sell half my position.

Despite all the selling I am going to do, I can’t resist a small trade here in Apple down at $82 (from $93 a few weeks back). Hey – it’s Apple :) .

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