Monday, March 7, 2011

Late for the Door

This market continues to punish anyone trying to ride through it. DNS -80, -39, -11.

Trades:

I sold the losing positions early rather than wait for them to trip their TSLs. JKS and CF hit their 7% trailing stop loss orders somewhat unexpectedly.

Stocks: MY (-5.2%), PWER (-15.8%), JKS (-13.9%) and CF (-3.9%).

Options: MY (-26.9%) and Ford (-53.0%).

I bought SCHN shares.

Reversal alerts: (9), WFC WRI & DRI are a stretch here.

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