Monday, October 3, 2011

Brutal

Wow, that was a bad start to my predicted "up" week. DNS -258, -80, -32.

SLV and GLD were up. PPDI is going private; it was up 25%. And that was about it.

Trades:

I had a very low limit buy order in for ARR, and I'm still in the red for that lot after ARR slid 13%. I hope it just got caught in the downdraft and it's nothing more serious. NLY was also down, 4.75%, so that's reassuring. As reassuring as losing 4.75% can be.

(21) stocks in my watchlist lost 10% or more today. FMCN was up over 9% early on ... it finished down 3%.

Reversal alerts: (9).

DTLK is the only viable pick here.

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