I have been away for a few days. I came back to find things hadn't changed much and my account eroding slightly. I missed a great opportunity to unload Solar City (SCTY) on Monday as the price rose above $39, whereas it is now sitting around $34. Unfortunately I was traveling on Monday and missed the opportunity.
So today was a pretty good day all around. I unloaded my covered call position in MYGN when it was up more than 10%. MYGN ended up down 5% so my strategy of "take it and run" is starting to work.
WLT (coal mining company) rose almost 5% today, a much needed boost for my trading account. (How can 11 insiders buying shares all be wrong??). All my other positions were up except for SCTY. I missed another opportunity to reposition on this stock today as it was up over 4% at one point in time before closing down.
My confidence in the stock market is improving. I think the downturn is over and we can move forward now. (This is your cue to run for the hills if you are smart :)