I was off by 3% early, but closed strong–barely off by 1%.
Sharp reversals in EGLE, MHO, and to some extent YELP, helped right the ship.
Stocks are inexpensive again, after this mini-sell off. We are approaching oversold levels, which is terrific since I didn’t participate in your losses. I am going to take my gains, like a purse snatcher in a Coach store, into the next bounce.
Once we get through October, it’s smooth sailing until 2014.
Bank on that.
Top picks: ANGI, NSTG, ESPR, EGLE
NOTE: I am almost out of IMMR and have begun to reduce my POWI position. I’m upping the beta.
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I made my 2% on IMMR and hauled ass. Someone teach me patience….right fucking now.
Will this be a VXX halloween?
You realize as soon as you sell IMMR it will go up. I sold ELLI after tiring of the way it behaved and then it marched to $31 without me. I’ll stay long IMMR in small size for now myself.
It doesn’t matter. Lots of things happen after you sell them.