Wednesday, August 31, 2011

Buying Opportunity

The indexes are up, but it felt like a losing day as everything came off of their morning highs. DNS +54, +3, +6.

Trades:

I put in my low bid limit orders hoping an intraday spike down might get me into some old favs. It turned out to be more of a steady decline than a spike, but I got what I wanted, except for the first day gains part.

I bought more shares of VRTS.

I bought call options for LVS, MCP, and PVH. As I recall, earnings estimates have been revised upward for these stocks recently.

Reversal alerts: (5), with WTW being of some interest.

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