ITZ Portfolio Update 10-8-12

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Position Update:Silver Wheaton (SLW) 1/2 position 4/17 $30, 1/4 position 5/8 $26.75 & 1/4 position 5/9 $26.75
 Raise STOP from $33 to 1/4position @ $37- This was hit on 9/25 against 5/9/12 purchase of $26.75, netting $10.25 (+38.3%)

Current stop levels are- 1/4 position @ $36 & 1/2 position @ $35 chart

Freeport McMoran (FCX) 1/2 position 4/5 $38 & 5/14 $34.80 1/2 position --raise STOP from $34 to 1/2 position @ $41 & 1/2 @ $40 chart

Exited 1/2 position hit stop @ $41 for a $3 gain vs April 5th purchase @ $38 & $SBUX exits hitting $50 stop for a 97cent loss & Sept 28th exited 2nd half position @ $40, both positions netted a +11.26% gain

Apple (AAPL) 1/4 position 4/24 $559 / 1/4 position 5/17 $539 / 1/4 position @ $588 on 7/23 & 1/4 position $572 on 7/25 --Maintain STOP @ $650 on 1/4 position  chart


Qualcomm (QCOM) 1/4 position 4/24 $61.40 / 1/4 position $58.50 5/17 & 1/4 position @ $57 on 5/17 --Raise Stop from  $60 to $62 chart

Update 10/2/12 QCOM hit stop exited @ $62 for a 5.1% gain, look to re-enter around 200ma

Starbucks (SBUX) 1/2 position 5/10 $52.50 & 1/4 @ $43.90 on 8/6 -- Raise STOP from $49 to $50 chart

Hit stop $50 exited with with a small gain

Proshares Ultra Crude Oil (UCO) 1/4 position on 9/19 @ $32, 1/4 on 9/19 @ $31 Hold, purchases on Sept 26th $30 & Oct 3rd $29.60 were stopped out on Oct 5th $30.35 for $0.55 (+1.85%) chart
Hold current position look to re-enter recently exited 1/2 position

 ITZ has been in & out of this trade follow suggested trades on Twitter