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Being long overnight and selling out in the morning. Whew….was that lucky. I was getting pissed that I missed another boat, but it ended up being a good trade. I sold my index funds in the morning and captured 1.4% gain. I also bought into weakness today and went long heavy. Bernanke is speaking tomorrow + other econ data. I’m looking for a strong close on the week. If I’m wrong, I’ll reverse and short at the close. Unless the market goes gangbusters to the upside in the morning I won’t be selling till 4pm.

So what worked on a day like today when alot of my stocks got nailed.

UVE was down 11.5% (Glad I sold the profits off) UVE is below the price where I took profits off.

HSVLY down 3.88% – was down more on the day, but recovered. Watching this one closely, because if it acts strong throughout this potential downturn heading into the fed meeting on the 31st, then this stock could be alot higher when 2008 rolls around. Just gotta watch how it acts over the next month.

I’m in UVE and HSVLY for the Dividend + Growth. Believe me it was hard for me to tame the selling urge when I’m sitting on nice profits.

Ok so what worked?!??!

NBG – Only down .38% I traded BWLRF (Down 4.6% today, and NDAQ down 3.8% today). So I saved some good money there, plus bought some safety.

SVA – Closed up 7% in this tape. On a day China stocks roared then got crushed all in one.

CYD – Made some money on this one early this morning. I didn’t time it perfectly because there was more money to be made on the spike. However, I can’t complain because CYD ended lower than where I got out by 4pm.

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