NDX

As expected NDX retreated right from 20SMA intraday.

Current Position: SUNW: -0.45 (this is the original lot. I have bought more in the range of 5.17-5.45); LFC: +0.16; CHN: +2.11; SOHU Mar 30C: -0.20 (I have closed some bought from 0.65 – 0.9).

Inflation

The CPI rise and Japan’s terror alert obviously spooked the market a little.

Curent Position: SUNW: -0.30 (added more); LFC: +0.86; CHN: +2.03; SOHU Mar 30C: -0.10 (added more).