I Was Wrong On The Indexes, But My Stocks Are Ripping

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July 23, 2009

I thought there was a chance for a selloff today, but now that has been pushed to a more probable selloff today. However, I didn’t get hit as I went to cash in those positions. Would have I liked to profit on these? Of course. A huge missed opportunity.

The positive item is that I didn’t sell my stocks. I talk about this all the time. Selling without a reason is a bad decision.

Stocks I bought near the open on Monday were TWER, RAE, CHINA, CSR, FLEX, AGO they are all absolutely RIPPING.

I will look to go short the indexes at the close though.