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Friday, May 27, 2011

some trades... ATI, POT, ITRI

Some active trades...

1. ATI has approached resistance so I unload for the very short-term pull back. Once (or if) it pulls back some, I will re-enter.



2. POT - Similar to ATI, it has approached a resistance point. I sold a few options, and will re-enter upon a push back. I plan on holding the rest until the major resistance, from the downtrend, is achieved.


Update 11:06am, 05/27/2011 - I just noticed ITRI's weakness today. I am paying close attention. As indicated in a previous post, I would like to enter around 49. Given the current weakness, I will be looking for signs of the dust settling, and hopefully somewhere in the high 40s there will be an entry. A more detailed post will created over the weekend.

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