Rehash

1. I've got 2 day old pigeons! Some of my young birds have not returned from a training flight, not sure what the issue was, thought I'd treated them well. Perhaps it is time to spend some coin and get some of the classic texts.

2. The market continues to amaze many. For the most part I have stayed long the same issues for quite a while. I got too extended with losing option positions in SNDA and STAR. STAR then broke out of nice consolidation area, SNDA might do the same. I suspect I bought as they went to new high, then had to sit thru pain. Option expiry ahead had me get lighter. Correction, I was not in SNDA, rather in SYNA which is broke big for now, still on the watch list...

3. After such a big Wednesday, it is a lot easier to say that I am still bullish. I was sleeping well with what I had. I bought a stock on new high b/o on volume and sat on it thru 20% loss, now coming back. But it is a newer issue that is more volatile. My buy on it was good, my analysis was good, it just wasnt continuing higher. I feel my buys and sells have been much less emotional, much more so rules and analysis based. It feels good, if it continues I'll get somebig winners.

4. Market seemed to pop nicely when breadth indicators were pretty bad, must have been an oversold thing in a bull market!