Losers

Sold SDS for an 8% loss and finally threw in the towel on PPL Corp (PPL) for a 20% loss (inclusive of dividends). Will rotate into more XLU.

More PPL

Pennsylvania Power & Light (PPL), sporting a 5% dividend, at its channel low of 28 and only 25% from its 5 year low versus nearly 100% away from its 52-week high.

Risk is low, reward is high. Near term price target -- $32.50 (top of the channel).

Long term price target -- $42

Buying 2 more lots