The daily volatility is sometimes hard to watch. I am still about 60% in cash, happy that ROCM is seeing some life (I actually took some off at $14.00 - I was top heavy). I am also happy that EGY has bounced back even though their 1st North Sea venture was not successful. GRMN's price action response looks like a bottom is in and AAPL seemed to form a double bottom just above $126.00 this morning. If I can just ignore my AAPL call option losses, then things don't look so bad.I also closed out my SPY puts when the market started to turn positive this morning for an 80% gain. I will add again probably soon, still expecting a retest of the current market bottom.
No comments:
Post a Comment