Stefan!
Oow, Oow, Ouch! Very bad day for me as I was long EMLX! I have had my fair share of these mega-tankers in the last year: NEON, VRTY, POWI, now EmuLAXITIVE. Plus, I compounded the loss by making some silly trades during the day. But I'm learning.
But I'm still up almost 70% for the year, so I'm not complaining too much. But if I was more disciplined, I would be doing much better.
Yesterday and today I lightened up -- now about 50% cash in my trading account. Sold CREE, BEAS today and CPTH and EXDS yesterday. Still hold AMCC, JDSU, NTAP, SNDK, ADIC, DIGL, CNXT, SAWS, SPOT, and added CAMD today.
Market sentiment has reversed 180 degrees and now everybody is nervous all over again. I suspect a buying opportunity in about a week.
BWDIK |
