Monday, September 27, 2010

Monday Give Back

BIDU's going parabolic - at least until it comes crashing back to earth. I wish I had reliable trailing stop loss orders for options.

My October VSH calls sold today (+15%) when they nudged into profitability.

That puts me at 40% cash in my accounts. I'd buy more but so many stocks seem to be at the top of their range - not where I feel comfortable buying. Also, the sales and earnings growth is waning for a lot of the prospects I've looked at.

There were (8) reversal alerts of which only FIZZ and ATI looked interesting.

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