Thursday, March 10, 2011

BAM!

How'd that hit you? DNS -228, -51, -25. Not good unless you were long GMCR or SMTC.

The morning started off with alert bells as trailing stop loss orders were going off.

Trades:

XLE (-1.16%), ENTR (-20.8% & -12.4%), HAYN (-5.0%), and TTMI (-4.7%)  shares were sold.

I wish I could say I didn't see this downturn coming, then I'd have some excuse. I started moving out but didn't stay out and gave back easy money. It's going to be harder getting back where I was.

Reversal alerts: (1), junk.

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