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Being long. Man did that suck to be long the indexes to day.

I held long in anticipation of a bounce.

As a 1 day trade I bought DIA 133 calls @ 1.1o. They are already asking 1.23. Like I said this is only a bounce trade and won’t be held long.

I also owned BPHX overnight from Monday. Forgot to post about it. I sold it today for about 6% gain. Technically I should have held on for the swing trade, but the way the market is acting these quick popping stocks can easily selloff from their highs and create shooting stars.

I sold CHNG today and took a 2% loss. As soon as I sold CHNG, it popped and kept a buy signal on. Happens alot when I sell .

I bought FRPT today around the morning. FRPT drifted lightly down off its highs. If we get a bounce tomorrow FRPT might continue its pop. If it does I may jump off that one too.

AKNS – This trade was a pretty much a giant annoyance. Got out early, missed the pop and today the big pop up to 11 and change.

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