Well being long the indexes did NOT work today, but two other trades did. BTW the indexes lost 1% against my positions. That sucked for sure so I reduced my exposure today in the indexes at the close.

TITN - Continued its breakout today and saw some nice volume near the close. Up 15% on the position.

GS - Buying the Feb 175 call options with hours before expiration. Gaining 29%. You can see the spike I mentioned in the Midday Update as well as my comments of GS going even higher than that spike. Both items happened.

GS options today

Everything I sold yesterday was down even more today. AKNS was down an additional 5% today. So minding the buy and sell signals and being disciplined is really working for me. Letting the winners run like TITN, while dropping the ones that go on a sell signal like CSUN, AKNS, YRCW, EMKR down an additional 11.2% today. Its nice not getting hit with these extra losses.

If you like this post, check these out too

• February 14, 2008 -- What Sucked Today 2142008
• February 13, 2008 -- What Worked Today 2132008
• February 15, 2008 -- Midday Update
• February 14, 2008 -- Midday Update

Thanks for reading

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