Wednesday, May 18, 2011

The Strangest Thing Happened

... we didn't get slaughtered today. DNS +81, +32, +12.

Trades:

I bought HCP shares.

I converted all of my May calls to call spreads - some before the prices ran up. :-(

When ARUN moved up, I rolled the upper call to buy another dollar of intrinsic value for 60 cents. I'm still going to lose on the overall trade, but every little bit helps at this point.

I sold the OTM GTLS call for more than zero (I have such high standards these days). -99.6%

Reversal alerts: (78). Filtered for earnings growth, lowest forward P/E first. Some of the charts are ugly!

LDK AINV ROC JAZZ FCF BGCP CATV MTRX GTLS JSII NGPC PLCM RENT HCN & GIFI.

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