More Trades

Tuesday:

I bought CLEC, AP, CRS, URBN, and SA.  Most of these were buy stops getting hit.  It looked like the market was really going to explode higher, and then it fell apart in the afternoon.   Stops were hit in NSTR and ICON for small losses and RWC for a small gain.

Wednesday:

With the Fed decision, I didn't do much but bought GMTC.

Thursday:

More buying - AIRM, BTJ, IAAC.

The market was weak late today, so the possibility is there that a top is in.  The portfolio stands with 3 double digit percentage gainers in GROW, FMD, and GIGM.    The rest are pretty much cancelling each other out.  I'll be watching carefully in case I need to take profits.  My index puts are showing signs of life with the decline and hedging against a market drop.

Tomorrow could be an important day.  If we drop much more and break the recent range, there could be a snowball effect on the downside.  On the other hand, the market has shown a lot of strength lately and we could just go right back up to the highs of the week again.

Comments

[Steve]

They are all good picks. Do you mind to share how do you find the stocks?