Friday, November 16, 2012

Scramble

So much for my conservative call spreads in this market. PCLN didn't hold $620 so I had to scramble on that one, and my once deep-ITM $630 GOOG call expired with GOOG at $647. +64.8% and -83% respectively.

My WAL shares got stopped out yesterday. -13%.

Fortunately REGN went up nicely and BBY went down equally well. The remaining long positions did well today ... for a change. Those would be ARR, HAIN, MLNX, SLRC and TICC.

The retirement mutual fund money has been parked in money market funds. I'm battening down the hatches here. One decent day doesn't mean we're out of the woods.

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