January 19, 2011

SELLING OUR LONG ON ARM HOLDINGS $ARMH AND SCALING IN A SHORT ON NVIDIA $NVDA

After ugly F5 Networks, Inc. FFIV results, the long awaited correction may start here. It is time to not be a pig and take our 250%  profits on our long term position on Arm Holdings ARMH right here around $25.70 .

As per our prior posts, it is time scale in another short position on Nvidea $NVDA right here around $22.40.

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TAKE PROFITS ON CIENA $CIEN

We are long on CIEN from $13.75. After F5 Networks, Inc. FFIV ugly results today, exiting Ciena position right here around $24.30 in the after market.

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