Monday, August 31, 2015

Checking In

By now we all know Monday Aug. 24 opened badly. Unfortunately I had a tight stop on CSFL - the gap down took care of that. A 10% paper gain turned into a +0.05% keeper. Lesson learned. My orders are now only good for the day until things settle down.

On Wednesday I bought SWKS again. I sold it today, +6.8%.

On Friday I re-bought the top of my INFN pyramid for $21.86. That's the lot I'd sold earlier for $23.95.

In addition to the SWKS sale today, I also sold my EVHC that I held since May, +10.0%. Both were lower at the close.

Finally, I bought some Nov $190 SPY put options. Too many people I respect are calling for more weakness in the market.

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