Thursday, January 6, 2011

Was That a Fin?

Treading water is never any fun and you always think the worst. I like it better when my stocks go up 1-2% every day. Just set the trailing stops and let what happens happen.

Trades: See below. Also the $4.95 limit order for my Jan. $39/$44 CSTR spread sold. +109.8%

Other observations:
 
VSH is on the move again.
 
RES took a dump today. That's unfortunate because I have two Jan. call spreads. Both were a bit under water but recoverable. Not so much now.

Reversal alerts: (23) filtered down to CEPH LRCX BMS PRAA JDAS & MHK. CSTR also alerted but didn't make the cut with a forward P/E of 21.8. KEYN is also interesting with its P/E falling from 133 to 38.

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