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Being long. I held my index longs overnight from yesterday thinking maybe CSCO would help out. When CSCO reported they basically took the biggest dump in several years. I think 12% drop over 2 days – 9% or so today. I had CSCO calls as well that are basically worthless now. So that sucked too. …

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The 3% loss this morning hurts, but the market this morning is starting to look ugly. I don’t know if this is a 1987 crash teaser fake out or the real thing. Oh yeh the real thing never happens. So its probably a tease because today is options expiration; aka one of the most volatile …

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I mentioned on Friday that I took profits. With the big money I had no trade on the table. Sitting in cash is what worked today. My stocks got pummeled though so that sucked. CBST – That trade worked today. Made a little bit today. They report Wednesday. I thought it was very interesting how …

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CBRX is up as much as 13% today over yesterday. ONT is down as much as 8%+. The fast they go up the harder they fall. JSDA hasn’t felt that pain yet. Looks like alot of stocks are retesting gaps and ma’s before the bigger move up starts (my own opinion on market direction) going …

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I put a small short on yesterday at the close in my index funds and plan to add to that this morning. Snapback trade is probably on the table and with options expiration the odds favor this type of move imo.

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