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Another Chop Fest Day. Markets in a range. Still Holding $WFMI

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Another day where the action was very limited as far as market movement. Looking at the screen very stocks that we follow felt like they were going to show some entries. AIG is one that made a strong move but we didn't want to chase it. After taking a beating on BIDU in the morning we felt it would be better to be on the sidelines for the rest of the day. The AAPL short worked well and we made some profits however we gave right back and more with the BIDU trade. We still feel it will go back under $500 however as we all know the market doesn't care how we feel.


We are still holding the WFMI position. We will be keeping an on RIMM and PALM tomorrow as they were very weak today.

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