What Sucked Today 10252007

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October 25, 2007

Being long the NDX. I got hit for a 2.4% loss today there. However, it looks like with MSFT afterhours the NDX will likely pop big in the morning giving me all the loss back. I also doubled that NDX position up at the close so if the NDX does 1% at the morning window, I’ll make 2% on my fresh position and just gain back what I lost on the other half.

QTM – That trade went sour.

VSCI – Sold right off again.

KTOS, GLOB, GBT, SVA all down 1% or less.

CHTR -  I think it was down 22% and up 3.5% AH today because of what Comcast reported. I still own this dog and am down now 55%.

TOVC – Had a pullback that turned the 25% gain into 12.5%. Mistake of mine not taking most off the table there.

JAVA – Continues to act like crap. I’m now breakeven on the stock. I don’t have any sell signals on the stock and I know the minute I sell JAVA its going to trend up.

UVE – Dropped 2%, but still my favorite.

Now lets talk about what worked, and whats going to work tomorrow :) .




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