Tuesday, May 24, 2011

Cautiously Pessimistic

DNS -25, -13, -1.

Trades:

VSH shares hit their trailing stop, -14.9%.

I put 10% trailing stops on my June calls today. They triggered for FMCN (-38.7%), SSW (-45.9%), and STEC (-15.1%).

I sure hope I'm not selling at the bottom. (If only I'd said that three weeks ago!)

Reversal alerts: (99) filtered for earnings growth and sales and earnings acceleration, lowest forward P/E first: TSO COGO STEI MIC VZ SPAR AOS FLR ATI HCP UFPI EXXI and ARBA.

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