Tuesday, February 5, 2013

Roller Coaster Ride

Monday the markets suffered its biggest decline for 2013.  The major indexes were all down over 1% and my portfolio took a hit.  I did close out PPHM for a nice gain, but nothing else was working.  I tried a play at FB, but got stopped out for a small loss.  I got into UNXL and that didn't work either.  I decided to hold overnight and today was a complete reversal.  All the losses from Monday disappeared and Im back to my all to time.  I close UNXL for a nice gain and held on to my AAPL shares and 1 naked put.  We went from my worst losing day to my biggest gaining day of the year!

Lesson: "The Trend is your Friend..."

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