Well, at least I did SOMETHING right today!
Sold my VTS (oil) at 39, it then plummeted to 36 1/2 (and recovered to 39!).
Bought SUNW.
Bought more CREAF at 24 1/8 (set a limit order this morning, so I'm afraid I missed the exact bottom). Remains to be seen if THAT was a good decisions!
Technically, though, I beleive that this is a GREAT entry point.
I have to say, though, that I'm uncomfortable with all the blocks at the bid. This is not typical of a "shake-out" of small shareholders in a "run for the stops", but instead has more the earmarkings of a news leak. Unless it's Sim (likely) it's *possible* that somebody knows who the "partners" are and it ain't big news, knows that a deal fell through, or knows some other adverse news.
Or, could be as harmless as a fund deciding that on this huge day, they'd like to reallocate some of their CREAF holdings into more battered tech stocks that they feel are now "safe". SUNW made a *huge* signal today, for example. |
