Hansen Natural Corp. (HANS), Joy Global, Inc. (JOYG)
I started off today by getting stopped out of HANS right away. I thought to myself, “jesus, man - that is about my 10th loss in a row.” Every single day last week I was in the red, which is a bad streak for me. Luckily, most of the days were very small losses, but still - five days in a row gets to you.
At around 11:30 the markets moved up strongly and I went long SNDK and AKAM. For some reason, I wasn’t comfortable with these longs, and even though I needed to catch the bus to NYC, I stuck around. I didn’t like the feel, so I closed them both for a small profit. Luckily right before I left, I shorted JOYG. The market crapped out for some reason around 1:30 which helped JOYG’s slide. A choppy day, but patient dummy traders could have profited from the afternoon slide.
  |
  |
