Wednesday, February 23, 2011

Jumped the Gun

Another rough day. I may have bought too much too soon ... we'll know before long. DNS -107, -33, -8.

Trades:
Other than what was mentioned below, MCHP hit its trailing stop, +6.76%.

I picked up another JKS call spread for March.

I'm thinking the June JKS spread may be a bit long to wait for a spread, so I may cover the short call if it gets cheap enough.

Earnings:

WLL reported after the bell today. GTLS and IMAX report tomorrow, DRYS on Friday.

Reversal alerts: (4), nothing interesting.

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