RF Position Update (Trading Account Only)

SPWRA- Took a position today for some Solar exposure going into the second half of 2009. I believe solar will do well with stimulus projects and higher oil prices. I was either going to buy SPWRA or TAN with is a solar etf. TAN is a great way to play the sector through a broadbase etf of solar firms but the return is nothing amazing; however, it is definetly lower risk.

COST - Bought around $46 and am up a few. Retail is going to be weak on the fear of the weak consumer; however, this or WMT is the only retail stock I feel comfortable owning. I think Costco will due well because of higher gas prices (more consumers are frugal and will get gas there to save money) and the weaker dollar.

OPWV- Makes software that tracks analytics on mobile devices.

WFC- Big bank that has strong earnings power but tied to tarp.

CAL - Probably the best airline but has issues will high oil and consumer spending. Cash burn levels are the key metric to look at in airlines.

LUV - Regional airline, low fares, same strategy with CAL.

ENTR- Got a big upgrade last week with $4 PT. Chips go in DVR boxes and I believe sales with fly with new transition.

EXM - Biggest position. Poor balance sheet but I like them. They need to secure vessels and keep ships in transit. If commodity supplies stay high, the ships will NOT be in transit, which will hurt the stock and revenues. However, the management seems solid and last quarter was very impressive. Emerging markets will be the watch.

AMD - Getting smoked in this but will hold. I might add more but if they are stealing share and can make the chips, the stock can print $6.

ERX- Triple long energy bull ETF. Levered way to play oil names but XOM represents 40% of the index, so XOM a big component.

F - Long-term trade to $7 then will write $10 covered calls to boost gains.

FTK - Should have sold at $2.95 but made a big mistake. Will just sit on it and hope it goes higher.

GLW - This stock has been on FIRE. Held up great this week and the LCD demand in China is great. It seems to be a the top of a channel or is about to breakout to $20. Should have bought more at $14.

GME - Small position...seems cheap here but fears of digital downloads are scaring investors. We need Sony price cuts.

HIMX - LCD semiconductor - my second biggest position since $3ish (Equiv to $2.70 cost with new dividend reduction)

MWA - It's either going to $2 or $8. They need to work out debt covenants

KEY - My speculative bank. I think it can print $10 or $15 in 3 years. If not, it will print $2

RIMM - Holding cost avg around $75....will hold it out and like the management team.

TQNT - My favorite semiconductor in the market right now. Will double down in $4's.

UNG - I think we can get $18-22 out of it in time...depending on hurricane madness.

YHOO - Love the new CEO. MSFT still wants them but Bartz is playing hard to get. I am a believer in this turnaround....Ballmer is a moron and better make a play now before it's too late

I some banks in the long book (BAC and STI) but other than that, this is all that i have...if you don't see it here, I don't own it but I try to post all my moves "live" time.