Fade Day

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It’s never fun watching your positions fade throughout the day. But, if 2012 has told you anything, it is to sit through the pain and buy the dip.

I don’t like pain so I decided to sell out of my positions in $SODA and $QPSA, -1.30, & -0.40, respectively. Feel free to buy my stop as I’m sure this was the wrong move, stocks don’t go down in ’12.

I did, however, add to my gold and silver exposure buying up $RGLD and $FSM. I’m sure Jake is pleased to see me with a small basket of his favorite names: $EXK, $RGLD, & $FSM.

I’m also keeping $GNK and my puts in $AMZN. $AKS is on a tight lease here, $RENN is being $RENN, and $FIO is consolidating perfectly.

Today’s action is healthy, it hurts having a down day, but it is necessary.

Off to get some much needed sleep, I need to kick this cold.

 

4 Responses to “Fade Day”

  1. $TSL…..to hold or sell before earnings….that is the question….

  2. check out the uranium space… $CCJ ripping!

  3. You forgot BAA!

    I think AAU is getting ready (finally) as well.

    ____

Comments are closed.
Previous Posts by RaginCajun

Fade Day

384 views

It’s never fun watching your positions fade throughout the day. But, if 2012 has told you anything, it is to sit through the pain and buy the dip.

I don’t like pain so I decided to sell out of my positions in $SODA and $QPSA, -1.30, & -0.40, respectively. Feel free to buy my stop as I’m sure this was the wrong move, stocks don’t go down in ’12.

I did, however, add to my gold and silver exposure buying up $RGLD and $FSM. I’m sure Jake is pleased to see me with a small basket of his favorite names: $EXK, $RGLD, & $FSM.

I’m also keeping $GNK and my puts in $AMZN. $AKS is on a tight lease here, $RENN is being $RENN, and $FIO is consolidating perfectly.

Today’s action is healthy, it hurts having a down day, but it is necessary.

Off to get some much needed sleep, I need to kick this cold.

 

4 Responses to “Fade Day”

  1. $TSL…..to hold or sell before earnings….that is the question….

  2. check out the uranium space… $CCJ ripping!

  3. You forgot BAA!

    I think AAU is getting ready (finally) as well.

    ____

Comments are closed.