Monday, June 23, 2008

Tech Issues Lower, Crude Oil Higher

The Dow Jones Industrial Average was flat to close at 11,842, the S&P 500 Index was also unchanged at 1,318, while the Nasdaq Composite fell 20 points (0.8%) to 2,386. Crude oil gained $1.38 to $136.74 per barrel, and gold ended down $18.50 at $885.20 per ounce.

Magnificent Seven Update


Daily Update Of Open Positions...Stocks & Etf s


Note : In the 25 stock portfolio Comtech Telecommunication Corp.(CMTL) and Frontier Oil Corp.(FTO) were sold and replaced by buying Kinetic Concepts Inc.(KIC) and EMCOR Group Inc.(EME). Intention is to hold both of them for a year, details of the transactions may be obtained from the links regarding open positions and closed positions.