Thursday, November 11, 2010

Down with Cisco

CSCO missed which left the indexes trying to dig out of a hole all day. DJIA -74, Naz -23, SnP -5.

However a few of my picks with earnings surprises or good mojo were hitting new highs: BEXP, BIDU & WLL. ANR, BRKS & CRZO also had nice gains. LGL and PWER lost ground, CBAI ran out of steam.

Trades: ASML hit the trailing stop (+5.0%). My Dec BIDU spread sold early (+81.6%).

Reversal alerts: GILD MRK SUPG and HGSI. Meh.

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