What one stock taketh away, another give…

What one stock taketh away, another giveth.  (Flip it.)

The hits we’re taking in Cisco and Celestica are being countered by the profits in Riverbed and Silver.  Most of the rest of the portfolio is hardly budging and that means our portfolio is flat-to-slightly down on the day, much like the broader markets.  I find myself almost disappointed that Cisco isn’t down more so we could really step up and build in another tranche.  Patience required for now instead though, as we don’t want to be heroes as traders.  We just want to make profits and avoid losses.  Let’s let this stock settle itself down for the next day or two and then we’ll revisit whether we should add to it with either common or calls at that point.