Updated Positions 7/21/09


We are short GPRO at 3950 with a stop currently at 3962

We sold 1/3 of ur NETL position at 3850 for a gain of $0.80 stop on balance should now be at 37.60, if you adhere to the stop this is a riskless hold due to earlier realized profit.

We are long MELI at 2945, we sold 1/3 of the position with a gain of $1.00 and the stop on the balance should now be at 2940 which gives us another riskless position due to taking partial profits earlier.