Portfolio distribution: The issues

After selling GNBT and OXY, my current portfolio distribution is 54% Cash (after recent withdrawal to survive in UK) 6% Pharma and 40% Software.

Ideally, in the current market conditions, I would like to have 20% cash, 40% Technology & Media 10-15% each in Pharma, Oil, and Alternate energy.

The problem is I am not finding any bargains currently. And I am waiting for Keane to show the upside that I expect in next 3-6 months as they increase their margins. So, in the likely event of a stock pull back, I will most probably be loading up Peix. I am not a conservative guy to look at ADM, though I expect that to be a great buy too.

I think Microsoft can wait a couple of weeks as there has been some bad news and market needs to throw that off it's back before it can start my anticipated stealthy (Yes Stealthy!!!) climb. Another Tech player that I am looking at is MARVELL TECH GROUP (MRVL) I think it is at or near bottom and may be turning around. And the stat's look great. 43% YOY quarterly revenue growth. 54% Gross margins. On track to exceed analyst expectations for this year. Institutional and insider bought 2.3% of the firm net over the last quarter. I will jump on it when it crosses the last peak of 58.

About the Oil, I haven't been able to devote enough time to find some Jewel, though I am looking at some like Houston Exploration company (THX) and a couple of others, but am still not thorough enough to recommend any of those.