Thursday, October 19, 2006

Thursday's Trades

Closed out NDAQ @35.4 - obviously I was scared into taking profits too soon.
Closed out ILMN@43 - not much worth talking about here, although when it was @43.5, I thought I might have left some money on the table.

ZOLT: bought near the end of the day. Liked the volume, so I bought, and that was that.
ISIS: This was one of Brian Shannon's ideas from (way back) Tuesday.


AKAM: the beauty of a small position size is that it compensates for your mistake by making a temporary loss sustainable while you wait for the trade to work itself out. I actually wanted to double down on this when I was watching it during the late afternoon, but fought the temptation.

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