May 07, 2010

Been buying and selling some stuff

This morning I have been buying some stocks after yesterday's fat finger sell off.  It seems that some of the selling was due to a "super genius" trader selling billions instead of millions.  Here are some of the names I have been targeting.   I also sold 1/2 my VXX position today.  

  1. INTC
  2. FRX
Remember folks...  BE CAREFUL 

May 7, 2010 9:43:10 AM

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UP Futures are UP... Europe is UP... And the US stock market will be UP tomorrow. You might be able to jump into SPY or DIA or INTC first thing tomorrow morning. Keep positions small and stops tight.