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Churnfest 2008 here. Lost back what I made in the indexes yesterday. 4% loss in the NDX, 4.6% in the RUT. Ugh. I shouldn’t have been as exposed as I was yesterday. Lesson learned. Pretty much lost a little on a bunch of trades today. Sold: IMB @ 8.09 for a loss of 3%, COIN …

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Bought: IMB @ 8.35, YRCW @ 17.8,YHOO March 32.5 call options @ .56, XJT @ 3.07, EMKR @ 14.47 Sold: CSUN @ 9.06 for a 1% loss, DAR @ 12.89 for a 12.6% gain – worried about some gaps lower – will buy on pullback, XJT @ 2.95 for a 3.9% loss, EMKR @ 13.9 …

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