Frustrated

I had a mentally tough day today. I started to update the blog last night and was feeling like every chart I was looking at was giving a buy signal. I only got off a couple of weak orders prior to the close and just failed at getting it done. There were some nice trades to be entered and I just did not pull the trigger.

BVN- I spent some serious time researching this before the bell closed yesterday and was frustrated with the option selection. Poor liquidity and I left the chart thinking I would come back later and make a decision. I should have just bought the stock and moved on.

I already had some options on Peabody and did manage to add to the position on that nice hammer.

ANR - I did get this trade off yesterday and it was kind enough to fill my account with some green.

CG - mentioned here before, stays in the channel like a good boy. I bought on the highlighted area and have been waiting patiently.

RATE - I was dead wrong on this one and I hold a bunch of worthless out of the money PUTs at this point. The last two days candle sticks look like it might have run out of gas, but could be too late for me.

TTI - Stopped out two days ago, got back in today, still think it might move.

RS - Entered this today as it can easily move $5 to $8. The whole stock market looked like "flag city"




IIG - This has been a great low risk trade. If only they were all this easy.

JEF - never closed the position, just riding it to the target.

CMGI- I thought I would throw out a cheapy! Price patterns work on all stocks, this stock use to be like 160 in the dot.com era.

HERO - I sold my options on earnings release but still have the stock, watch it for a flag.

KIM - I got this from Jeff Kohler's Blog as a short idea and was all over it. Hoping that earnings are poor.

RUT - I think this was the most frustrating for me today. I wanted to load up on calls yesterday at the close but just chickened out for no real reason other than fear. bock bock, I laid an egg.
Well, I really hate chasing the breakouts, I like to get in prior to, just my style. Hopefully a small pullback on some of these will give a second chance. Other wise it will be best to wait for better entries on the next run.