$Sandisk(SNDK.US)$Micron Tech(MU.US)$SK Hynix(SKHY.US)$Microsoft(MSFT.US)

I opened a position in storage stocks for the first time today.

Actually, I still have doubts about the storage cycle and am unsure if it has bottomed out. However, Microsoft's weight in my portfolio is too large, so I need to find an opportunity to add some memory/storage positions as a hedge.

Although I still believe the seesaw effect between software and storage is unsustainable, given the current market style, I have to compromise slightly.