Monday, October 22, 2007

Collective2: PODD out

Insulet Corp (PODD) dipped into the low $22s before it staged its post-morning rally. The drop was enough to hit the stop to close the 500 share position for a -$755 (-6.4%) loss.

Three positions remain in the portfolio as market exposure is reduced following the failed breakouts in large caps and the lagging performance of small caps.