Purchases

Bought 100 more shares of Manitowoc at 6.98 per share.

Bought 100 shares of UCO at $11.02 per share.

Bought 50 more shares of US Oil ETF(USO) at $29.90.

Bought 300 shares of Financial Select Spyder ETF(XLF) at $9.65.

Investment Moves

Bought 200 more shares of Manitowoc at $6.85 per share. Total position is now over 800 shares.

Sold off Proshares UltraShort S&P500 (SDS) ETF at $80.50 and bought shares of Proshares Ultra S&P500(SSO) at $22.90.

Sold off US Bancorp at $21.60. I lost about 3% on that trade. I planned on holding it longer but I think all of the major banks will get hit by the poor financial condition of Citigroup and Bank of America.

Apple dropped over 10% today on news that Steve Jobs is taking a leave of absence until June due to health problems. I picked up some Apple shares at just below $80 in the after hours market.

Stock Buy

Added 260 additional shares of Manitowoc(MTW) at $7.25.