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Making that morning long buy in the indexes. The indexes dropped about 5.6% from the 10:45 pricing. OUCH! That hurt me. Plus CSCO reported numbers that were ok, but Mr. Conference Call himself, John Chambers, gave unglorious guidance that sent CSCO down 8% afterhours. Now lets just review, CSCO was already down roughly 30% off [...]
Bought:
CPSL @ 5.45, CDS @ 7.8 bad discipline I was supposed to buy at 7.66, but went early, LOCM @ 4.12, BKUNA @ 7.06, went long NDX, RUT, & SPX in the morning looking for more upside today near the close - we’ll see.
Sold:
LOCM @ 4.47 for a 8.4% gain (had as much as 30% [...]
Some oversold ideas:
GOOG, ADBE
Some stocks that I think should be bought on dips:
BG, AEO, GYMB, KSU, MEE, CREE
Highpowered short term trade ideas:
GOAM, ARII, ICGN, XJT, BBX
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