Today was good for a few good trades. DNS -26, +6, -2.
Shippers FREE and DRYS were up 11% and change. LULU recovered two thirds of its early morning loss.
Trades:
I was happy to sell when GCMRrrr's little rally faded and hit the 2% trailing stop loss order. It was nice to recover some value after it got clobbered but I have no intention of waiting around hoping to get back to even, -25.0%. Grrr.
SPRD bounced enough to hit a limit sell order for a bull call spread conversion. If it can hold $25 in 11 trading days it'll gross 61%.
My FMCN calls moved into the money today.
Reversal alerts: (32) with (24) coming from the more reliable t2 script.
Filtered: PTEN, DMND, BRCM, NGS, INFA, and RTI. PTEN and RTI have the best EPS growth estimates.
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