Thursday, May 5, 2011

Tough Sledding

DNS-139, -13.5, -12. Down between 22 and 12% were SMSI, APP, UDRL, GLBL, and SLV. Up 6%  or more - ERTS and JDSU.

Trades:

CVX hit its stop loss (-7.29%).

EXM isn't going to cut it, so those options were sold (-20.9%).

I bought shares of TNE, and shares of ARR for a small account.

I bought May call options for SPRD in case they beat estimates after the close. They did (as did RBCN).

Reversal alerts: (17). CHS CMG CVI DUSA OME and UA look like decent charts. Gotta run, so no fundamental filtering.

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