Tuesday, March 8, 2011

Fingers Crossed

When everything dropped this morning I was hoping for a hard sell-off - capitulation if you will. But instead we got a fairly decent rally. DNS +124, +20, +12. EGHT, LCC, and RBCN topped my watch list gainers (>10%). We're probably not out of the woods though.

Trades: I sold March TTMI calls to convert calls to a bull call spread.

Reversal alerts: (18) t2: IDCC NAL PRSP & WTR. hlr: IBI IDCC & SEB.

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