Monday, August 18, 2008

8/18 Day/Swingtrades

Oh well, so much for the lower channel support that I highlighted last night. At least the market started off weak and got weaker throughout the day so I didn't get sucked into any longs in the AM. The financials are still dictating the market diretion and the direction is down.

Swings:

SOL - With earnings tomorrow morning, I rolled my profits into the Sep 20's.

SYNA - still holding Calls but will tighten the stop in case the market rolls over

SKF - Picked up some Sep 80 Calls and shares @ 123.59 and 125.10

2 comments:

Rik said...

Good luck with those AUG calls.

OE Trader said...

Hahaha...DAMN, I knew those were too cheap! Thanks for pointing that out. I haven't recovered from Aug expiration yet!