Tuesday, December 28, 2010

Treading Water

Trades:

ERES was getting a little "toppy" so I took that money off the table (+25.9%). Not bad for a play where I was looking to perhaps grab 7%.

RES hit the trailing stops in two accounts today (-16.5% for the small holding, -5.3% for the big one). Every time I reviewed it I said this is not a sell. I lost the argument with the trailing stop. I still have two Jan. RES spreads (mixed).

Reversal alerts: (14) filtered down to SMTC WIRE MSCC & ININ.

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