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Portfolio Update

|Includes: Microsoft Corporation (MSFT)

Its been awhile, so I thought I would give a portfolio update for those of you that read my work.

I recently closed out my position of WAG at $34.00. This is a return of about 25% on the largest pharmacy chain in the country .

I am selling my MSFT JAN 2011 $20.00 calls. While I still like the stock longer term, I don't want to get into a situation where I only have two months left for the idea to work itself out.

This will show up as a small loss on my 'track record."

I am still holding my JAN 2012 $20.00 calls. I  still like the stock,for the reasons mentioned in an earlier post .

The market has given us another "gift" which I will be writing up this weekend, you might consider playing this stock.

Your Friend,

Eric




Disclosure: LONG JAN 2012 $20.00 Calls (NASDAQ:MSFT)