sold KFN, ACAS, FIG, LVS, ABK and CORS

Now, I have 50% cash.
If market goes dow, those small cap stocks will be hit most.

Still hold BX, FCE/A, SPF, AMD , AIG and FRE.

AIG and FRE are still under water.

[rondo]

I sold abk too. Kind of risk. Many banks need to raise funds, market may not go back north for a while.
Think buy back abk under $1.