What Sucked Today 6122007

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June 13, 2007

Being long. My adding to the longs yesterday was like how Sopranos creator David Chase whacked audiences in the  recent Sopranos finale. An absolute beating to my fresh long positions. My index fund longs are going to be on a tight leash.

JMBA – Although ended up on the day, it was up ALOT more at the highs. I’m confident though JMBA will get back up there soon. Up 7%.

NEXM – Brokeout today in a crappy tape. Thats good! I’ve been waiting for this stock to get going. This didn’t suck at all. Up 9%.

HRSH – Got belted today. Down 5.7% on my second buy. Down 1.6% on first buy.

FCEL – Positive in a crappy tape. Nice.

BWLRF – Up in a crappy tape. Nice. Up 1.66%

I averaged into the QQQQ calls today and am down about 8%. I was up as much as 11% intraday. I said yesterday I would look to unload those if I saw upside. I saw it, I had it, I didn’t take it. Lesson learned. I will look to profit on them if the opportunity presents itself tomorrow.

SMDI – Actually had a great day early on, but waned when the market did. I’m down on SMDI by about 1.5%, but was up intraday. I’m keeping SMDI on a tight leash.




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