Thursday, October 13, 2011

Shotgunning

Nice dive in the morning then the markets improved the rest of the day. DNS -41, +16, -4.

Stocks were down. Oil was down. I went shopping.

I'm buying lots of smaller positions which I'll either thin out or add onto based on performance. I'll also allocate some cash for buying reversal alerts with the right combination of chart and fundamentals.

Trades:

I bought CVI, more GMCR, HAYN, LIWA (speculative), OAS, ROSE, SPRD, TAL, and VRTS.

I bought call options on SPRD.

All were bought with limit orders - no chasing.

Reversal alerts: (3), duds.

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