Stopped out of DRYS 87's (still have some underwater July Calls) , TBSI 45's, sold TIE 16.95 (will re-buy over Friday's high). Shorted TBSI on break of 45, covered 43.55. Lost .4 on RYL Long.
Bought DRYS 90 even. Calls afloat again TBSI trigger at 46.1 limit 46.25 just sat there.. oh well.. Out of EXM 51.1 - rebuy if it can close high 51's Out of RYL 28.03 Out of VLO Short 49
Targets are dangerous things.. Look at the weeklies and they will tell you but listen with a bag of salt. Let me know what you come up with... Also, cheap stocks tend to lie a lot so I rarely trade them.. Sold 1/2 MTL 56 56 to 58 "should" be hard to crack.. but then again look at CLF... hence the 1/2.
With Stocks making new highs (hope so for SQM) the target "should" be when MACD tops and it breaks down.. Probably not what to worry about actually, as Jobless Claims, GDP, and Ben speaking will kill us all tomorrow.... LOL! I rarely have great days back to back. If it happens I will be out of most longs tomorrow... and looking for shorts..