Alcoa Top, Procter Toppy

Selling Alcoa (AA) at almost $15 for a 64% gain, and Procter & Gamble (PG) at $57.53 for a 14% gain.

I'll buy these back at lower levels.

Rotated out of CHK and into PG

Rotated out of CHK (Chesepeake Energy - natural gas producer) for a 44% profit and into Procter & Gamble (PG) at $52.10. Still very bearish at these levels, but PG is near its 5-year low so it seemed like the risk/reward was good.