Thursday, August 18, 2011

Abandon Ship!

It's never good to look over the side and see an inbound torpedo. That's how I felt before the open this morning. DNS -420, -131, -53.

Trades:
I bought protective puts for my shares except HURC (no options), AAPL, and REITs NLY and ARR. I let the long options ride.

Yes, I'm sticking with the wreckage. I hope it turns out better for me than that guy in Titanic. :-)

Reversal alerts: (1) hlr script, (1) t2 script.

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