I actually have about 45 or so stock positions, and then about 15 corporate bonds, the rest in a few funds, and about 30% in California Muni Bond fund (my cash). . .I am retired at 56, so I have all the time in the world to watch my portfolio - when I am not out skiing or doing other stuff. . .my day starts around 6:30 Pacific, and I check MArketwatch, Yahoo (for any press from my companies) then my Fidelity account - Read the Financial Times (paper edition) and about 10 online publications during the day, from Rigzone (oil) then Tradewinds (shipping), and even some of the better blogs. . .I tell friends that I am NEVER not working - I notice everything from what people are talking about on ski lifts, to what cars they are driving, etc. My portfolio is kind of my life at this time, but I love it. . .but spend lots of afternoons and weekends with family. . .as for small holding in PGH, I will likely buy some more when price dips, but I have more holdings in the usual Chevrons, Exxons, etc.