http://www.stockrake.com

I took a quick short this morning on ACI by buying the July 65 puts. Which was a nice 19.6% gain in a matter of 15minutes.

I also bought QID rather large. I was up as much as 2% as the gapped up market SOLD off…then I got stuck wasn’t watching the screens, and the wild market bounced BACK up. I had to cover taking a 1.8% loss in one account and another 1% or so loss there.

Now the market is struggling again. I expected us to be flat or scary down. I like this action. Any up action into the close might be a short eod.

**Forgot to mention that I covered up ONNN and took a 5.1% loss. I still like the stock, chart , etc.

Related Posts