Tuesday, October 19, 2010

Not What We Were Looking For

DIA -165, Naz -44, SnP -19. Ouch.

Trades: BEXP hit the 10% trailing stop (+7.15%) so I left a little too much on the table there. While that was selling I put in a bid for the Nov spread. I got that and PWER at a reduced bid - and still paid too much.
BEXP ($19.61) Nov 17/19 @ $1.35
PWER ($9.87) Nov 8/10 @ $1.45

Reversal Alerts: OCN and ASX, GMR. Pass.

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